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 on that day, making it the first enterprise group in Chongqing to cross the 50 billion yuan threshold. This milestone marked a significant achievement for the company and underscored its growing influence in China’s automotive industry.
The third Party Congress held in Chongqing in March 2007 set a goal to build several enterprises with annual sales exceeding 50 billion yuan. By 2007, Changan Group had not only met but far surpassed this target. The company produced over 870,000 vehicles and sold more than 850,000 units during the year, reflecting a year-on-year growth of over 20%. Its sales revenue hit a record high of 57.377 billion yuan, demonstrating strong performance and market demand.
As one of the leading players in China’s auto industry, Changan Group is the largest domestic manufacturer of small cars and engines, and has made significant strides in independent innovation. From 2001 to 2007, the company's annual sales revenue surged from 10 billion yuan to over 50 billion yuan, achieving an average annual growth rate of more than 34%. Changan Automobile’s market launch volume also saw nearly fivefold growth, rising from 1 million units in 2001 to 3 million in 2005 and reaching 4.7 million by 2007.
In terms of production capacity, Changan Group has established four major bases: Southwest, East China, Central China, and North China. The Southwest base, which houses the group’s headquarters, Changan Ford Mazda, Changan Suzuki, and Changan Industrial Park, is expected to reach an annual production capacity of 1.7 million vehicles by 2010. The East China base, including Nanjing Changan and Changan Ford Mazda facilities, has an annual output of 400,000 vehicles and 500,000 engines. The Central China base, mainly operated by Jiangling Holdings, includes three brands—Landwind, JMC, and Quanshun—and is projected to 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 Group committed to investing 6 billion yuan in research and development, focusing on the construction of seven car platforms, five mini-vehicle platforms, and three new engine platforms. This strategic investment highlights the company’s long-term vision for technological advancement and sustainable growth.
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