Changan Automobile announced that the total amount of capital raised by the company for this sale to specific targets will not exceed RMB 600,000. The net capital raised after deducting related issuance fees will be invested in new energy model and digital intelligence platform development projects, global R&D center construction, and core capacity enhancement projects. Before the funds raised in this issuance are in place, the company will first invest with self-raised funds according to the actual situation of the fund-raising investment project, and replace them in accordance with the procedures stipulated in the relevant regulations after the funds raised are in place.

Changan Automobile announced that the total amount of capital raised by the company for this sale to specific targets will not exceed RMB 600,000. The net capital raised after deducting related issuance fees will be invested in new energy model and digital intelligence platform development projects, global R&D center construction, and core capacity enhancement projects. Before the funds raised in this issuance are in place, the company will first invest with self-raised funds according to the actual situation of the fund-raising investment project, and replace them in accordance with the procedures stipulated in the relevant regulations after the funds raised are in place.