According to the Aijian Securities Research Report, the automobile industry is currently growing moderately as a whole, and the market share of independent brands continues to increase with their electric intelligence first-mover advantage, putting pressure on joint venture brands. Changan Automobile was promoted to the third automobile state-owned enterprise in 2025. It is accelerating its transformation into an intelligent low-carbon mobility technology company. The product side has built a matrix of the three major new energy brands, Qiyuan, Deep Blue, and Avita, covering mainstream, technology, and high-end markets; the technology side has broken through key technologies in the field of three electric vehicles through the “Shangri-La” program to create a dedicated platform for new energy vehicles. Promote the implementation of key intelligent solutions such as smart driving, cockpit, computing power and architecture through the “Beidou Tianshu” program; the market side is expanding globally through the “Hainan Baichuan” program. The company aims to produce and sell 5 million vehicles by 2030. The launch orders and delivery performance of new models of Qiyuan, Deep Blue, and Avita continued to exceed expectations; the company received an L3 conditional autonomous driving entry notice to gradually establish an intelligent leading edge; the first vehicle-mounted component robot was officially released in 26Q1, and subsequent humanoid robot prototypes were unveiled to verify the company's technology and commercialization capabilities on intelligent racetracks. Consider the company's three strategic plans to systematically promote electric intelligence and globalization, and forward-looking layout of robotics and flying vehicle businesses, covering it for the first time, and giving it a “buy” rating.

According to the Aijian Securities Research Report, the automobile industry is currently growing moderately as a whole, and the market share of independent brands continues to increase with their electric intelligence first-mover advantage, putting pressure on joint venture brands. Changan Automobile was promoted to the third automobile state-owned enterprise in 2025. It is accelerating its transformation into an intelligent low-carbon mobility technology company. The product side has built a matrix of the three major new energy brands, Qiyuan, Deep Blue, and Avita, covering mainstream, technology, and high-end markets; the technology side has broken through key technologies in the field of three electric vehicles through the “Shangri-La” program to create a dedicated platform for new energy vehicles. Promote the implementation of key intelligent solutions such as smart driving, cockpit, computing power and architecture through the “Beidou Tianshu” program; the market side is expanding globally through the “Hainan Baichuan” program. The company aims to produce and sell 5 million vehicles by 2030. The launch orders and delivery performance of new models of Qiyuan, Deep Blue, and Avita continued to exceed expectations; the company received an L3 conditional autonomous driving entry notice to gradually establish an intelligent leading edge; the first vehicle-mounted component robot was officially released in 26Q1, and subsequent humanoid robot prototypes were unveiled to verify the company's technology and commercialization capabilities on intelligent racetracks. Consider the company's three strategic plans to systematically promote electric intelligence and globalization, and forward-looking layout of robotics and flying vehicle businesses, covering it for the first time, and giving it a “buy” rating.