29/09/2026 14:08
Changan Automobile rises slightly in afternoon trading, establishes AD Coordination and Development Department to advance integration of Avatr and Deepal resources
\u300aEconomic Information Agency News Service, November 29\u300b Recently, it was reported that the integration of Changan Automobile (Shenzhen: 000625)'s two brands, Deepal and Avatr, has entered a substantive advancement phase. Specifically, Changan Automobile has announced the establishment of the AD (initials of Avatr and Deepal) Coordination and Development Department, designated as a primary-level department. Under this primary department, several secondary departments have been established, including the Planning and Cooperation Department, Market and Product Department, Human Resources Sharing Center, Financial Sharing Center, and General Department, which will assume corresponding business entrusted by Deepal Automobile and Avatr.
Changan Automobile's stock price rose slightly by 0.14% in afternoon trading, closing at 7.06 RMB.
Domestic media inquired Changan Automobile regarding the above information. Changan Automobile responded that the AD Coordination and Development Department has indeed been newly established to promote strategic coordinated development between the Avatr and Deepal brands, primarily focusing on sharing resources in mid-to-back office functions. The positioning and planning of the two brands will remain unchanged, and user rights and interests will not be affected. By coordinating and统筹support for shared resources and industrial chain, redundant investments and resource waste will be avoided, thereby further enhancing service capabilities. Specific details such as detailed division of labor and advancement plans have not yet been disclosed. (ry)