Changan Automobile was surveyed by 2 institutions： Avita’s first 10-city Avita experience center and experience space have now been fully opened, and the channel will be expanded to 110 cities across
() On September 19, the investor relations activity record form was released, and the company was surveyed by two institutional units on September 15, 2022.
Introduction to the main content of investor relations activities:
First, exchange questions and answers
Q: The order status of Avita 11
Answer: Avita 11 is the first smart electric vehicle in China with Huawei Inside solution as standard, with strong aesthetic tension, smart driving ability and excellent comprehensive performance. It integrates 34 smart driving sensors such as 3 lidars, 6 millimeter-wave radars, 12 ultrasonic radars, etc., which can provide users with intelligent driving experience with full scene coverage; it also has super driving and safety performance, with a maximum battery life of 680 kilometers, a zero-hundred-kilometer acceleration of only 3.98 seconds, and a 100-kilometer braking distance of less than 35 meters, which can bring users a "human-vehicle integration" driving experience; more than 100 special project safety tests, with innovative technologies such as active suppression of thermal spread, can carry out early warning management of the battery life cycle to maximize user safety. Up to now, Avita 11 orders have exceeded 20,000; the Avita 011 jointly created by the world’s top fashion masters, limited to 500 units in the world, was sold out in the first stop of promotion.
As a high-end lifestyle brand driven by technology, Avita Technology is committed to exploring future-oriented humanized travel technology and becoming "the embodiment of wisdom that understands you". To this end, Avita brand first proposed the "E.I. user request theoretical system", that is, emotional intelligence, and shaped the brand’s DNA. Through forward-looking aesthetics and warm technology, it creates a full-scene connected intelligent life, and promotes the accelerated arrival of the "era of emotional intelligent electric vehicles".
In terms of production capacity, Avita is produced at Chongqing Changan Yuzui Base, which has an intelligent flexible production line that can achieve an annual production capacity of up to 350,000 vehicles.
In terms of channel construction, Avita will focus on building its own channels, and will also expand more diversified channel models with excellent partners. At the same time, Avita is also actively implementing preparations for entering its store channel sales with Huawei.
In order to serve every user well, Avita’s first 10-city Avita experience center and experience space are now fully open. By the end of this year, the channel will expand to 110 cities across the country.
On September 9th, the national user experience activity of "Avita Driving and Control Camps" was officially launched. Users can truly experience the new travel experience of Avita 11 through static intelligent experience, dynamic venue test drive and open road test drive. Within two months, "Avita Driving and Control Camps" will go to ten cities in Shanghai, Beijing, Shenzhen, Hangzhou, Chengdu, Chongqing, Guangzhou, Hangzhou, Suzhou and Zhengzhou, so stay tuned!
Q: The company recently held the second Science and Technology Ecology Conference. I wonder what specific measures will be taken to promote the implementation of the intelligent strategy?
A: At the end of August, the company held the second technology ecology conference of Changan Automobile, and released a new smart brand – "Zhuge Intelligent", which will bring users the three core experiences of "Zhuge Interaction, Zhuge Intelligent Driving, and Zhuge Ecology".
Zhuge Intelligent can actively perceive the needs of users in all scenarios, and rely on a powerful central computing platform and end-cloud integrated system to achieve intelligent decision-making. Through scalable software and hardware and customizable service ecosystems, it brings safer intelligent driving, more intimate intelligent interaction and richer intelligent ecology.
For the creation of smart brands, we will accelerate the implementation of new architectures, iterate new product development, and solidly advance the Changan solution for software-defined vehicles.
Based on the Changan Super Digital Platform – SDA architecture, the first new automotive project – CD701 was created, which has:
(1) The "stunning enough" design is a "new species" that combines the atmospheric strength of an SUV and the off-road cool elements of a pickup truck in appearance design, and a new "mobile home" that brings a new "five senses" experience in interior design;
(2) The "get what you want" function, in the functional scene, through space combination, change, expansion, combined with situational intelligence, becomes the user’s exclusive queen room, conference room, or viewing terrace, living room;
(3) The application of "great value and cool" is compatible with a large number of APPs in the application scenario, which is equivalent to having multiple devices such as laptops and game consoles at the same time. In the future, it can even be transformed into an energy storage unit and a computing power center.
Q: How is the sales of Deep Blue 03?
Answer: The first strategic model of Changan Deep Blue, the Deep Blue SL03, includes three power combinations of pure electric version, extended range version and hydrogen fuel cell version. The extended range version can reach a range of up to 1200km, which can truly achieve "mileage without anxiety". The maximum power of the pure electric version can reach 190 kilowatts, the power consumption of 100 kilometers is as low as 12.3 kWh, and the acceleration of 100 kilometers only takes 5.9s. It not only enjoys the surging power, but also ensures the car economy. With excellent product power, the Deep Blue SL03 exceeded 10,000 orders in 33 minutes after its release. As of now, the cumulative order has exceeded 40,000.
By the end of September, Changan Deep Blue will open nearly 600 independent image stores across the country, and the delivery center, warehousing center, and maintenance center will also be put into use one after another along with the delivery rhythm to provide users with better service and experience.
By 2025, Changan Deep Blue will launch 1 to 2 products every year, equipped with the first 100 industry or the same level of leading intelligent technology technology and configuration, to create a new 15-300,000 yuan level of electric vehicles blue ocean market, to meet the mainstream population quality green travel needs. Before 2025, 5 new product layouts will be completed, and the sales plan will reach 700,000 vehicles.
Q: The company has encountered difficulties such as epidemic, high temperature and power failure this year. I don’t know if the annual goal can be achieved as scheduled
Answer: At the end of August, the company’s production has been fully restored, and the September production plan has been optimized to minimize the impact. The company maintains confidence in the completion of the annual target and makes every effort to ensure the achievement of the annual target;
Chongqing Changan Automobile joint stock company’s main business is the R & D, manufacturing and sales of complete vehicles (including passenger cars and commercial vehicles), as well as the R & D and production of engines. The company’s main products are cars, SUVs, MPVs, crossover passenger cars, buses and trucks. CS75PLUS sold 72,000 units in 4 months, setting a record for the fastest listing volume. Auchan X7 entered the top ten sales of autonomous compact SUVs in the country. In terms of new energy, the performance of the independent innovation seven-in-one system assembly, that is, the third-generation intelligent vehicle domain controller "Changan Smart Core", has increased by 70%, reaching the industry’s leading level. CS75PLUS won the 2019 International CMF Design Supreme Gold Award, and won the 2019 China Smart Car Index Evaluation and China Auto Health Index VOC/VOI sector evaluation double champion. Blue Whale NE platform products have the highest thermal efficiency of 40%, leading the industry in a number of indicators, and won the title of "China Heart" Top Ten Engines.
The details of the participating institutions are as follows: