According to a tianfeng research report on November 13, chongqing changan automobile (000625.SZ) sold 0.251 million vehicles in October, an increase of 4.1% year-on-year and a rise of 17.7% month-on-month. The self-owned new energy brands continue to innovate, significantly boosting month-on-month sales growth. The sales of brand new energy vehicles in October were 0.085 million, representing a year-on-year increase of 48.6% and a month-on-month growth of 56.8%. In terms of new vehicles, the Avita 07 was officially released on September 26, and within 20 hours of its launch, it received 11,673 orders. The total sales of the Avita series have doubled year-on-year and month-on-month, reaching a record high, demonstrating strong market demand. On November 2, the Avita 12 dual-power was officially launched, which is expected to further boost sales. The company's self-owned brand's overseas expansion remains strong, while accelerating overseas layout, particularly in the americas market, where chongqing changan automobile will focus on the rbob gasoline vehicle segment, using the Mexican market as an anchor. This year, the company plans to complete the launch of three new energy brands: Deep Blue, Changan Qiyuan, and Avita in this region, expecting chongqing changan automobile's sales to reach 0.2 million vehicles by 2030. The rating is maintained as "buy."