Gelonghui December 9 | zhongtai research reports pointed out that chongqing changan automobile (000625.SZ) completed sales of 277,000 vehicles in November, +21.98% year-on-year, of which electric vehicles accounted for 102,000. Avita's November sales reached 12,000 vehicles, an increase of over 180% year-on-year, setting a new historical high; it is expected that as the company's new energy products continue to strengthen, the subsequent trend of electric vehicles will be further reinforced. In addition, the major shareholder's private placement will support the research and development of new energy technology and products. Part of the funds raised through issuing to specific targets will be used for investing in the development of electric vehicle models and upgrading technology for product platforms. Through the implementation of this project, the company will launch multiple electric vehicle products, covering various vehicle types such as sedans, SUVs, and MPVs, greatly enriching the company's electric vehicle product lineup. Maintain a "buy" rating.