Changan Automobile Adds A Shares to Raise 1.1 Billion for Independent Brand Development


Report from this reporter (Reporter Zhang Lidong) Yesterday's reporter learned that with the approval of the China Securities Regulatory Commission, Chongqing Changan Automobile Co., Ltd. will issue no more than 150 million A shares through the Shenzhen Stock Exchange. If the additional is successful, Changan Automobile will raise funds to 1.1 billion yuan. Changan Group sources said that most of these funds will be used for independent brand development. It is reported that Changan Automobile will raise funds mainly from the issuance of the "Changan Auto-branded CM8 Multipurpose Passenger Vehicle Project", "Extensive Production Expansion Project" and "Miniature Passenger Car (mainly Changan Group's Best-selling Miniature) Car Chang'an Star) Mold Technology Transformation Project." Changan Automobile plans to build a CM8 production line with 100,000 capacity in the Chang’an Industrial Zone, which will expand the minivan capacity of the Chongqing headquarters from the current 200,000 to 300,000.
View related topics: independent brands, where to go?


Hybrid Powder Coating

Many European and American customers like Metallic Powder Coating.also we need to know which type he or she want ,Outdoor Using Electrostatic Coating or Indoor Using Electrostatic Coating,maybe Candy color.These colors are very suitable for outdoor furniture and auto parts.

Hybrid Powder Coating,Epoxy-Polyester Hybrid Powder Coating,Powdura Hybrid Powder Coating,Flexible Powder Coating

Longkou Guomei Decoration Material Co.,Ltd. , https://www.gmcoating.com