Chongqing Changan Automobile Co. Ltd. Summary of 2019 Semi-annual Report

Stock Code：000625、200625 Stock abbreviation：Changan Automobile 、Changan B Bulletin No.：2019-54Chongqing Changan Automobile Co. Ltd.

Summary of 2019 Semi-Annual Report

I、Important NoticeThis summary comes from the 2019 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.

Statement of Objections of Directors supervisors and senior management

□ Applicable √ Not applicable

All the directors attended the board meeting for reviewing the semi-annual report.

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、200625Listed on Shenzhen Stock Exchange

Contact Person Secretary of the Board of Directors Securities affairs representative

Name Lijun

Contact address

No. 260 East Jianxin Road Jiangbei

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

Report period Same period of last year

Increase/decrease

y-o-y (%)

Operating revenue (Yuan) 29875780096.84 35642832190.04 -16.18%

Net profit belonging to shareholders of

the listed company (Yuan)

-2240039761.11 1609606578.84 -239.17%

Net profit belonging to shareholders of

the listed company after deduction of

non-recurring profit and loss (Yuan)

-2911767596.44 695716688.41 -518.53%

Net cash flow arising from operating

activities (Yuan)

4220263630.95 4401401760.15 -4.12%

Basic earnings per share (Yuan/Share) -0.47 0.34 -238.24%

Chongqing Changan Automobile Co. Ltd. Summary of 2019 Semi-annual Report

Diluted earnings per share (Yuan/Share) N/A N/A N/A

Return on equity (ROE) (%) -4.97% 3.39% Down 8.36 points

Report period Same period of last year

Increase/decrease

y-o-y (%)

Total assets (Yuan) 92648982677.77 93488854098.95 -0.90%

Net assets attributable to shareholder of

the listed company (Yuan)

43972470820.42 46244958676.52 -4.91%

3. Shareholding and shareholders of the company

Unit: one share

At the end of the report period the

total number of shareholders

180066

At the end of the report period

the total number of preferred

shareholders

0

Holding more than 5% of the shareholders or top 10 shareholders situation

Name of shareholders

Nature of

Shareholde

rs

Percentage

of total

shares

（%）

Shares held at

the year-end

Increases and

decreases

during the

report period

Non-circulat

ed shares

held at the

year-end

Circulated

shares held at

the year-end

Pledged/ Frozen cases

Share status

amoun

t

China South Industries Group

Co. Ltd.

State-owned

legal person

shares

21.56% 1035312673 -

- - No pledge or

freeze

China Changan Automobile Co.

Ltd.State-owned

legal person

shares

19.32% 928044946 - 139762403 788282543

No pledge or

freeze

China securities finance Co Ltd

domestic

general legal

person shares

4.88% 234265333 -

- - No pledge or

freeze

United Prosperity (Hongkong)

Investment Co. Limited

foreign legal

person shares 3.21% 154120237 -

- - No pledge or

freeze

Central Huijin Investment Ltd.

domestic

general legal

person shares

1.15% 55393100 -

- - No pledge or

freeze

DRAGON BILLION SELECT

MASTER FUND

foreign legal

person shares 0.85% 40597114 -

- - No pledge or

freeze

GIC PRIVATE LIMITED

foreign legal

person shares 0.73% 35283393 -9519830

- - No pledge or

freeze

Hong Kong Central Settlement

Co. Ltd.

foreign legal

person shares 0.73% 34925042 11276995

- - No pledge or

freeze

National Social Security Fund

107 Portfolio

fund finance

products etc.

0.57% 27581041 27581041

- - No pledge or

freeze

China Life Insurance Co. Ltd. -

Dividend - Individual Dividend -

005L - FH002 Deep

fund finance

products etc.

0.57% 27309067 27309067

- - No pledge or

freeze

Explanation on the relationship and the

action alike of above shareholders

Among the top 10 shareholders China South Industries Group Co. Ltd. the actual controller; China Changan

Automobile Group Co. Ltd. the controlling shareholder and its wholly owned subsidiary United Prosperity(Hong Kong) Investment Co. Limited. belong to the concerted actor regulated by “Disclosure Administration ofShares 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 2019 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 the R&D manufacturing and sale of cars the R&D and production

of automobile engine products. Besides the company integrates advantageous resources to actively develop travel services new

retail 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 company now owns many famous brands such as

Changan passenger car Oushang automobile Kaicheng automobile Changan Ford Changan Mazda and so on. Up to now the

company has successfully launched a series of classic brands such as CS series Eado series Raeton series Honor and Oushang

series; a series of famous JV products such as all new Focus new Mondeo Kuga Edge Axela CX-5 CX-8 DS7 and so on. At the

same time we have launched new energy vehicles such as Eado EV new Benben EV and CS15EV 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

For details please refer to "Note 32 the Change of Important Accounting Policies and Accounting Estimates" of “Section 5 Important

Accounting Policies and Accounting Estimates” in the "Company's 2019 Semi-annual Report.

(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 the Company newly established one wholly owned subsidiaries Chongqing Chehe Mei Technology Co.

Ltd. which is included in the consolidated statements in 2019.

Board of Directors of

Chongqing Changan Automobile Co. Ltd.

31 Aug. 2019