Changan Automobile's sales volume declines, and joint venture investment suffers losses

In the third quarter of 2024, Changan Automobile's total sales volume was 571,000 vehicles, down 12.7% year-on-year and 11.1% month-on-month. Among them, Changan Qiyuan's sales volume was 21,000 vehicles, down 53.1% month-on-month; Deep Blue's sales volume was 51,000 vehicles, up 23.3% year-on-year and 32.0% month-on-month; Changan's independent fuel vehicle sales volume was 315,000 vehicles, down 21.0% year-on-year and 13.1% month-on-month; Changan's independent overseas sales volume was 85,000 vehicles, up 46.7% year-on-year and 10.3% month-on-month. In addition, the company's investment income from joint ventures was -310 million yuan, down 410 million yuan month-on-month.