Avita Technology’s independent listing plan： New model 07 released tonight

According to IT Home news on September 26, Changan Automobile revealed in response to investors’ questions on the Shenzhen Stock Exchange’s interactive platform that its subsidiary Avita Technology plans to develop independently and conduct market-oriented operations, and has plans to go public independently. Changan Automobile said that Avita Technology will integrate strategic partner resources and seek to develop together with more partners.

Avita delivered 3,712 units in August, an increase of 88% year-on-year, showing a steady growth trend. On August 20, Avita announced that it had completed its equity investment in Huawei Insight, purchasing its 10% stake for 11.50 billion yuan, becoming the second largest shareholder of Huawei Insight.

In addition, Avita’s new mid-size SUV model, the Avita 07, will be officially launched tonight. The new model is equipped with an advanced "Taihang" intelligent control chassis and Huawei’s Smart Driving ADS 3.0 system. It has 192-line lidar and 27 high-sensing sensors, enabling a more human-like end-to-end intelligent driving experience.

The independent development and listing plan of Avita Technology, as well as the listing of the new model Avita 07, demonstrate Changan Automobile’s active layout and innovation capabilities in the field of smart electric vehicles. With the launch of new models and the deepening of strategic cooperation, Avita Technology is expected to occupy a place in the highly competitive new energy vehicle market.