On 28 August 2026, the project of Chongqing Changan Automobile Co., Ltd. (000625.SZ, "Changan Automobile") for the targeted issuance of A-shares (the "Private Placement"), for which Grandall Beijing served as legal counsel, obtained approval for registration from the China Securities Regulatory Commission. The funds raised in this issuance shall not exceed RMB 5.267 billion, and will be used for Changan Automobile's new energy vehicle models and digital intelligence platform development project, as well as the construction of Changan Automobile's global R&D center and core capability enhancement project.
As the special legal counsel, Grandall Beijing, drawing on its extensive experience accumulated over many years in the capital markets business area, provided Changan Automobile with full-process legal work, including legal due diligence, project document filing, communication and responses regarding review inquiries. Partner LI Bo led the team including partner XU Chunling and lawyers HAO Xili, SHE Yaning and REN Hu serving the project.