Chongqing Changan Automobile Co., Ltd. Summary of 2018 Semi-annual Report StockCode：000625、200625 Stockabbreviation：Changan Automobile、Changan B BulletinNo.：2018-53 Chongqing Changan Automobile Co., Ltd.
Summary of 2018 Semi-Annual Report
I、Important Notice
This summary comes from the 2018 semi-annual report. If investors want to understand the Company's operating results, financial condition and future development plans, they should carefully read the semi-annual report published on the Shenzhen Stock Exchange and other sites assigned by China Securities Regulatory Commission.
Prompt of non-standard audit report
□ Applicable√ Not applicable
The preplan of profit distribution or reserve capitalization deliberated by the Board
□ Applicable√ Not applicable
The company doesn't have the plan of the cash dividends, the bonus shares, and the transference of the common reserve fund. The preplan profit distribution of preferred shareholdings approved by the Board
□ Applicable√ Not applicable
II、Company Profile
1. Basic Information
|||||||
|-|-|-|-|-|-|
|Stock abbreviation|Changan Automobile 、Changan B||Stock Code||000625、200625|
|Listed on|Shenzhen Stock Exchange|||||
|Contact Person||Secretary of the Board of Directors||Securities affairs representative||
|Name||Lijun||||
|||No. 260, East Jianxin Road, Jiangbei||||
|Contact address||||||
|||District, Chongqing||||
|TEL:||023-67594008||||
|FAX:||023-67866055||||
|E-mail address||cazqc@changan.com.cn||||

2. Major accounting data and financial indicators
Does the company conduct the retrospective adjustment or restatement over previous years accounting data due to changes of accounting policies or accounting errors?
□ Yes√ No
|||||
|-|-|-|-|
||||Increase/decrease|
||Report period|Same period of last year||
||||y-o-y (%)|
|Operating revenue (Yuan)|35,642,832,190.04|33,555,213,109.46|6.22%|
|Net profit belonging to shareholders of|1,609,606,578.84|4,620,545,739.52||
||||-65.16%|
|the listed company (Yuan)||||
|Net profit belonging to shareholders of||||
|the listed company after deduction of|695,716,688.41|3,556,761,447.08|-80.44%|
|non-recurring profit and loss (Yuan)||||
|Net cash flow arising from operating|4,401,401,760.15|4,959,704,724.11||
||||-11.26%|
|activities (Yuan)||||
|Basic earnings per share (Yuan/Share)|0.34|0.96|-64.58%|
|Diluted earnings per share (Yuan/Share)|0.34|0.96|-64.58%|
|Return on equity (ROE) (%)|3.39%|10.42%|Down 7.03%|

Chongqing Changan Automobile Co., Ltd. Summary of 2018 Semi-annual Report
||||
|-|-|-|
||Report period|Same period of last year|
|Total assets (Yuan)|100,410,971,452.44|106,125,114,622.69|
|Net assets attributable to shareholder of|47,315,245,829.90||
|||47,598,690,942.28|
|the listed company (Yuan)|||

3. Shareholding and shareholders of the company
Unit: one share
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|At the end of the report period, the total number of||||||||||
|||||196,868. A shareholders: 168,019. B shareholders: 28,849.||||||
|shareholders||||||||||
|Holding more than 5% of the shareholders, or top 10 shareholders situation||||||||||
|||Percentage|||Increases and|||Pledged/ Frozen||
|||||||Non-circulated|Circulated|||
||Nature of|of total|Shares held at||decreases|||cases||
|Name of shareholders||||||shares held at|shares held at|||
||Shareholders|shares|the year-end||during the|||Share||
|||||||the year-end|the year-end||amount|
|||（%）|||report period|||status||
|China South IndustriesGroup Co., Ltd.|State-owned legalperson shares|21.56%|1,035,312,673||1,035,312,673|||No pledge||
|||||||||or freeze||
|China ChanganAutomobile Co., Ltd.|State-owned legalperson shares|19.33%|928,044,946||-1,035,312,673|139,762,403|788,282,543|No pledge||
|||||||||or freeze||
|China securitiesfinance Co, Ltd|domestic generallegal person shares|4.55%|218,580,149||16,535,328|||No pledge||
|||||||||or freeze||
|United Prosperity(Hongkong)Investment Co.,Limited|foreign legalperson shares|2.23%|107,267,728|||||||
|||||||||No pledge||
|||||||||or freeze||
|GIC PRIVATELIMITED|foreign legalperson shares|1.84%|88,270,713||7,377,141|||No pledge||
|||||||||or freeze||
|Central HuijinInvestment Ltd.|domestic generallegal person shares|1.15%|55,393,100|||||No pledge||
|||||||||or freeze||
|DRAGON BILLIONSELECT MASTERFUND|foreign legalperson shares|0.85%|40,597,114||34,577,045|||||
|||||||||No pledge||
|||||||||or freeze||
|Anbang AssetMgmt-ChinaMerchants Bank-Anbang Asset-China|fund, financeproducts, etc.|0.67%|32,070,942||-|||||
|||||||||No pledge||
|||||||||or freeze||
|Anbang Asset Mgmt－China Minsheng Bank－Anbang Asset-China|fund, financeproducts, etc.|0.65%|31,082,094|||||||
|||||||||No pledge||
|||||||||or freeze||
|MONETARYAUTHORITY OFSINGAPORE|foreign legalperson shares|0.56%|26,917,178||1,008,881|||||
|||||||||No pledge||
|||||||||or freeze||
|||Among the top 10 shareholders, China South Industries Group Co., Ltd., the actual controller; China Changan||||||||
|Explanation on the relationship and the||||||||||
|||Automobile Group Co., Ltd., the controlling shareholder, and its wholly owned subsidiary United Prosperity||||||||
|action alike of above shareholders||(Hong Kong) Investment Co., Limited. belong to the concerted actor regulated by “Disclosure Administration of||||||||
|||Shares Change Information of The Listed Company”.||||||||

4. The change of the controlling shareholders and the actual controllers
During the reporting period the change of controlling shareholders
□ Applicable√ Not applicable
No changes in controlling shareholders during the reporting period.
The change of the actual controllers during the reporting period
□ Applicable√ Not applicable
No changes in the actual controllers during the reporting period.
Chongqing Changan Automobile Co., Ltd. Summary of 2018 Semi-annual Report 5. Total number of Preferred Shareholders and top 10 Preferred shareholders
□ Applicable√ Not applicable
There are no preferred stock shareholders during the reporting period.
6. Corporate Bonds
Is there a corporate bond that is publicly issued and listed on the stock exchange and fails to be fully paid up or not due on maturity until the approval of the semi-annual report ?
□ Yes√ No
III、Management Discussion and Analysis
1. Business briefing in reporting period
Does the Company need to comply with the disclosure requirements of special industry
□ Yes√ No
During the reporting period, the company's main business is theR&D, manufacturing and sale of cars, theR&D and production of automobile engine products. Besides, the company integrates advantageous resources to actively develop travel services, new retail, financial investments and so on and carry out multi-dimensional industrial layout.
Changan automobile always adheres to the mission of "leading the car civilization for the benefit of human life", and the concept of "energy conservation, environmental protection, scientific and technological intelligence", vigorously develops new energy and smart cars, guides the automobile civilization by the use of scientific and technological innovation, and provides customers with high quality products and services. After years of development, the products cover low& middle class, wide range and various series such as sedans, mini cars, buses, trucks, SUV, MPV, including the traditional fuel and new energy models, and the engine platforms from 1.0L to 2.0L. The company owns many famous brands such as Changan passenger car, Oushang automobile, Kaicheng automobile, Changan Ford, Changan Mazda, Changan SUZUKI, Changan PSA and so on. Up to now, the company has successfully launched a series of classic brands such as Alsvin, CS series, Eado, Raeton, Oushang and Honor series; a series of famous JV products such as new Focus, new Mondeo, Kuga, Edge, CX-5, Axela,Vitara, Alivio, DS7 and so on. At the same time, we have launched new energy vehicles such as Eado EV, new Benben EV, and CS15 EV, which are admired by the market and loved by the consumers.
2. Matters related to financial reporting
(1) Explanation about the change that compared with last year's financial statements, accounting policies, accounting estimate and accounting methods
□ Applicable√ Not applicable
During the reporting period the company did not have any changes about accounting policies, accounting estimate and accounting methods.
(2) During the reporting period, big accounting errors correction and the need for retrospective
restatement
□ Applicable√ Not applicable
During the reporting period the company did not have any tracing restatement due to the significant accounting error.
(3) Compared with last year's financial report, the explanation for the scope change of consolidated report√ Applicable□ Not applicable
During the reporting period, Changan newly established four wholly owned subsidiaries, Xiamen Changan New Energy Automobile Sales& Service Co., Ltd., Guangzhou Changan New Energy Automobile Sales& Service Co., Ltd., Fuzhou Fuqing Changan New Energy Automobile Sales& Service Co., Ltd. and Chongqing Changan New Energy Automobile Technology Co., Ltd.. Therefore, they are included in the consolidated statements in 2018. Shanghai Changan Automobile Engineering Technology Co., Ltd. was liquidated during the reporting period. Therefore, it is no longer included in the consolidated statements in 2018.
Board of Directors of
Chongqing Changan Automobile Co., Ltd.