Changan Automobile was surveyed by 5 institutions： Changan Automobile has established an advanced battery research institute, with more than 1,200 battery R & D personnel, including 125 senior experts

　　() On December 27, the record form of investor relations activities was released. The company was surveyed by 5 institutions on December 26, 2023. The types of institutions are other, fund companies, securities companies, and sunshine private equity institutions. The main content of investor relations activities is introduced:

　　Q: Could you please introduce your cooperation with Huawei?

　　Answer: Changan Automobile and Huawei signed the Memorandum of Understanding on Investment Cooperation in Shenzhen. According to the Memorandum of Understanding, Huawei intends to integrate the core technologies and resources of its smart car solutions business into the new company. Changan Automobile and its related parties will be interested in investing in the company and jointly support the future development of the company with Huawei. The new company will strive to become a world-class leader in the automotive intelligent driving system and components industry. As an open API serving the automotive industry, it will open its equity to investors such as existing strategic partner automakers and strategically valuable automakers, and become a diversified company. The new company will continue to serve customers with high quality, and work with partners to promote the innovation and leadership of smart car technology and promote the prosperity and development of the automotive industry. This cooperation will accelerate the construction of a complete, autonomous and leading full-stack intelligent vehicle capability for the intelligent era, and realize the company’s comprehensive and stable transformation to an intelligent low-carbon travel technology company. Thanks for your attention.

　　Q: Second, what is the company’s plan for the battery system?

　　Answer: On the technical route, Changan Automobile focuses on breakthroughs in battery cell technology. Carry out technical research around liquid battery material modification, system optimization, etc., and continuously improve the battery energy density. The charging rate can be applied to 3C, popularized to 5C, and pre-researched to 7C. The fastest charging can be achieved in 7 minutes and the battery life is 400 kilometers. Deeply cultivating the development of new electrolyte materials and key processes for semi-solid and solid-state batteries. Based on the needs of the whole vehicle, it is developing leading solid-state batteries. It will be gradually mass-produced and applied from 2025. The weight energy density will reach 350-500Wh/kg and the volumetric energy density will be 750-1000Wh/L. It will be fully popularized and applied in 2030. In terms of new batteries, the prototype cell design of new batteries such as lithium-sulfur batteries and metal batteries is being carried out. It is expected that the energy density will exceed 1300-1500Wh/kg, and strive to achieve on-board application in 2035. In addition to structural innovation and material system innovation, the company will also carry out system integration innovation. Focus on solving problems such as complementary energy efficiency, intrinsic safety, full temperature range and full scene application, artificial intelligence and large model application, and continue to bring leading technical solutions. In terms of product layout, in terms of batteries, it is planned to launch 8 self-developed cells such as liquid, semi-solid and solid by 2030, forming a battery capacity of 50-80GWh. In terms of battery pack integration, the first CTV technology will start mass production in 2024, achieving group efficiency ≥ 86%. In terms of battery energy system, through the expansion of technology, products and business models, we will build a complete renewable energy ecosystem with "energy" as the main line, form an industrial closed loop of energy production, storage and utilization, and maximize the value of the entire industrial chain. In terms of system capacity, Changan Automobile has established an Advanced Battery Research Institute, which has more than 1,200 battery R & D personnel, including 125 senior experts and top academic talents. In the future, it will invest 10 billion yuan to reach 3,000 battery teams by 2024. Changan Automobile has established a mature and complete R & D management, capacity management, supply and marketing management system, and continues to attack core technologies. It will focus on material innovation, system integration innovation and other aspects to achieve new breakthroughs. At the Guangzhou Auto Show, Changan Automobile released its self-developed battery brand and named it Changan "Golden Bell Cover". Just as the brand name implies, Changan Automobile’s battery system,Through both internal and external repairs with the vehicle, with solid internal strength, it will comprehensively solve users’ anxiety in energy density, charge and discharge efficiency, cycle life, low temperature performance, etc., and bring users a new experience of "long life", "real safety", "super efficiency" and "quick replenishment". Thanks for your attention.

　　Q: III. What is the competitive advantage of the company’s S7i and SL03i?

　　Answer: On November 6, the intelligent solution of Deep Blue Automobile was officially released, and the new Deep Blue S7i and Deep Blue SL03i equipped with high-order intelligent driving assistance were launched simultaneously. Deep Blue High-order Intelligent Driving Assistance DeepalAD focuses on the three scenarios of high-speed, urban area and parking that users use the most frequently. Through more than 20 functional configurations, it brings users a happy driving and comfortable parking experience. First, high-speed navigation saves effort and worry, making high-speed unimpeded. DeepalAD is based on high-precision maps, simplifies driving operations, realizes autonomous lane change, and is accurate and smooth. At the same time, it can also handle complex scenarios such as conical barrels, sharp bends, and accident vehicles on construction sections, so that users can rest assured. The mileage of the expressway is less than or equal to 500 kilometers under normal working conditions. Facing the ramp, can understand the road, the system can get the forward information according to the navigation, change to the target lane in advance, and pass the devil’s continuous curve stably. It calmly handles the ramp separation and confluence. The traffic success rate exceeds 98%, which is at an excellent level in the industry. Second, cruising in urban areas, traffic jams are not blocked. The minimum follow-up distance of DeepalAD is controlled at 2 meters, which can cope with more than 97% of the congestion conditions, and the smoothness and comfort are greatly improved. Omnidirectional automatic emergency braking, not only has the ability to identify dangerous scenarios such as low light in dark night tunnels, crossing intersections, and horizontal ghost probes, but also is equipped with 13 safety auxiliary features such as parking door warning and parallel assistance, which brings users all-round safety perception. Third, comfortable parking, how fast and easy to save. DeepalAD’s remote valet parking assistance system has realized 13 parking methods such as in-car parking, remote intelligent parking, traced reversing, and valet parking, covering more than 150 parking scenarios. The average parking time is less than 35 seconds. The success rate of parking space search exceeds 98%, and the parking completion rate exceeds 97%. Support narrow parking spaces. The narrowest adaptation is one side + 32cm of vehicle length or width. More than 97% of human drivers make novices become old drivers in seconds. DeepalOS, the deep blue intelligent operating system, has officially entered the 2.X era based on four upgrades: design upgrade, ecological upgrade, scene upgrade, and warm upgrade. The new UI, new application, smart navigation, DeepalGPT and many other functions are blessed, and the iterative content is free and full of fun. On the basis of super range extension,With the launch of the Deep Blue SL03i and S7i equipped with DeepalAD + DeepalOS, it will bring users a cool and enjoyable driving experience and start a new Deep Blue acceleration. Thanks for your attention.

　　Q: Fourth, what is the order and delivery status of Avita 12?

　　Answer: On November 10, 2023, the Avita brand day ADay was held in Shenzhen, and the future smart luxury car Avita 12 was simultaneously listed globally. As the second work of the industry-leading smart electric vehicle technology platform CHN, Avita 12 brings together the advantages of Changan Automobile, Huawei, and () in their respective fields. The products have three core advantages of top intelligence, top design, and top luxury space. Avita 12 is equipped with a Hongmeng cockpit developed based on HarmonyOS4, which can bring a silkier interactive experience. The whole system comes standard with a 15.6-inch Huawei smart central control screen, plus a 35.4-inch 4K integrated remote screen, which brings an immersive visual experience. Super desktop enjoys silky control, connecting smart end points such as mobile phones and Pads around users to form a more powerful smart travel super end point. Avita 12 car machine not only supports seamless information flow between mobile phones, smart screens, Pads and other devices, but also can directly make video calls with smart end point devices and other cars, and log in to the account to control the associated home devices. The car and machine support Hongmeng app store, massive applications can be downloaded at will, and third-party apps are supported, building a rich three-dimensional intelligent ecology for users and creating an emotional interaction space. In terms of smart driving, Avita 12 is equipped with Huawei’s high-end intelligent driving system HUAWEIADS 2.0, and the whole series is equipped with 3 hidden lidars as standard, which can realize long-distance detection over the length of a standard football field. The whole series covers a 4-layer perception system, which can not only identify tidal lanes and variable lanes, but also easily overcome traditional smart driving problems such as intersection U-turns and construction scenes. It can also build scenes from the body, match the navigation map with the real world, and get rid of the dependence on high-precision maps. In addition, it is equipped with 19 active safety functions as standard in the whole system, which not only supports AEB automatic emergency braking, but also supports GAEB special-shaped obstacle emergency braking, RAEB backward automatic emergency braking, LAEB low-speed automatic emergency braking and other functions, driving safer and driving more calmly. At the same time, Avita 12 also supports APA, RPA, AVP and other rich auxiliary parking functions, not only the parking space identification is "very accurate and stable", the parking space is parked "how fast", but also supports extremely narrow parking space remote control parking. In terms of design, the whole vehicle adopts the ultimate shape of full viewing angle,With an integrated body design and smooth muscle lines, it highlights the elegant sporty style, and pioneers the hatchback design without rear portholes. This is also the externalization of the wraparound induction cockpit, and the appearance of the whole car can be called the top of the industry. The wraparound induction cockpit of Avita 12 is committed to achieving the balance of technical advantages and design aesthetics. The front full-body double zero-gravity seats appeared for the first time on the car, and the rear row has a full stretch double one-meter presidential-level space. The legs can be fully extended, and the luxurious large space is comparable to the million-level comfort. The cumulative number of Avita 12 has exceeded 6,700 in 36 hours of listing, and the cumulative number of Dading has exceeded 11,128 in 72 hours of listing. Avita 12 has been on the market for 30 days, Dading has exceeded 20,000 units, and the average order price has reached 350,000 yuan. Channel construction is advancing rapidly, and the target of 350 channel touchpoint coverage is about to be completed. Since December 10th, national delivery has been launched one after another. Thanks for your attention.

　　Q: Fifth, what is the company’s sales target for next year?

　　Answer: The company’s 2024 goal has not yet been finalized, and it needs to be reviewed and approved by the company’s board of directors after the preparation is completed. Thanks for your attention;

　　The details of the participating institutions are as follows: