Chongqing Changan Automobile Company Limited announced a private placement of 1,440,794,553 A shares for gross proceeds of not more than CNY 472,421,200 on August 3, 2022. The transaction has been approved at the 43rd meeting of the 8th directorate of the company. The registered capital will increase from CNY 1,172,242,600 to CNY 1,644,663,800.