Caitong research reports pointed out that Chongqing Changan Automobile (000625.SZ) had a total sales volume of 0.213 million vehicles in September, a decrease of 10.0% year-on-year. Among them, the overseas sales volume of the independent brand in September was 0.031 million vehicles, a year-on-year increase of 58.2%. The company launched multiple vehicle models, enriching the product matrix: the Deep Blue L07 was officially launched with six models, three of which are equipped with Huawei Qiankun intelligent driving system. The extended-range version of the pure electric model has a range of up to 300km. The luxury SUV Avita 07 was officially launched, offering pure electric and extended-range models for the Pro, Max, and Ultra versions to meet different user needs. At the same time, the Deep Blue S05 started pre-orders, and Changan Qiyuan A07 and Changan Qiyuan E07 began pre-sales. Overseas export sales volume continued to grow year-on-year, with overseas expansion progressing steadily: Avita 11 right-hand drive model officially landed in Thailand. Plans to steadily expand to five continents including Europe by 2025, covering 50 countries globally, and establishing over 100 overseas authorized stores. Maintaining a 'shareholding' rating.