On December 29, 2007, Xu Liuping, Chairman and President of Changan Group, publicly announced that the company had achieved annual sales revenue of 57.377 billion yuan, marking a historic milestone as the first enterprise group in Chongqing to cross the 50 billion yuan threshold. This achievement underscored Changan’s rapid growth and its rising prominence in China's automotive industry.
The third party congress held in Chongqing in March 2007 set an ambitious goal: to build a number of enterprises with over 50 billion yuan in annual revenue. By 2007, Changan not only met but surpassed this target. The company produced more than 870,000 vehicles and sold over 850,000 units, representing a year-on-year increase of over 20%. The impressive sales performance translated into a record-breaking revenue of 57.377 billion yuan, far exceeding the initial target.
As one of China’s leading automakers, Changan Group is the largest domestic producer of small cars and engines, and it has consistently been at the forefront of independent innovation in the auto sector. From 2001 to 2007, the company’s annual revenue surged from 10 billion yuan to over 50 billion yuan, growing at an average annual rate of more than 34%. Its market launch volume also saw a remarkable fivefold increase, with the total number of vehicles on the road reaching 1 million in 2001, 3 million in 2005, and 4.7 million by 2007.
In terms of production layout, Changan Group has established four major production bases across different regions of China: Southwest, East China, Central China, and North China. The Southwest base, which includes the Group’s headquarters, Changan Ford Mazda, Changan Suzuki, and the Changan Industrial Park, is expected to reach an annual production capacity of 1.7 million vehicles by 2010. The East China base, featuring Nanjing Changan, Changan Ford Mazda Nanjing Engine Co., and the second plant of Changan Ford Mazda, has an annual car production capacity of 400,000 units and 500,000 engines. The Central China base, managed through Jiangling Holdings, includes three brands—Landwind, JMC, and Quanshun—and will eventually produce 300,000 vehicles annually. The North China base, centered around Hebei Changan and Baoding buses, serves as a key export hub for the company.
During the "Eleventh Five-Year Plan" period, Changan committed to investing 6 billion yuan in R&D, focusing on the development of seven car platforms, five mini-vehicle platforms, and three new engine platforms. This strategic investment highlights the company’s long-term vision and its commitment to technological advancement and sustainable growth.
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