Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com May 1 news, Changan Automobile released the first quarter of 2023 results, the company achieved operating income of 34.556 billion yuan, a decrease of 0.06%; return net profit of 6.97 billion yuan, an increase of 53.65%; deduction of non-return net profit of about 1.481 billion yuan, down 34.75%; net cash flow from operating activities was 3.383 billion yuan, an increase of 339.81% The income per share is 0.71 yuan, and the weighted average return on net assets is 10.54%.

CTOnews.com previously reported that Changan Automobile released its 2022 annual report on April 17, with operating income of 121.253 billion yuan, up 15.32 percent from the same period last year, and net profit of 7.798 billion yuan, up 119.52 percent from the same period last year.

Changan Automobile also announced that a number of new and modified products will be launched in 2023, including more than 10 new energy products, and the pace of new energy transformation will be accelerated. In 2023, C236, Deep Blue S7 and Avita E12 products have been on the market.

By 2025, Changan Automobile strives to achieve the group's sales of 350-4 million vehicles, of which the Changan brand sells 280-3 million vehicles. By 2030, we will strive to achieve the group's sales of 5 million vehicles, of which 4 million are sold by the Changan brand, making every effort to increase the penetration of new energy and speed up the layout of overseas markets.

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