On December 17, Gelonghui reported that Chongqing Changan Automobile (000625.SZ) announced that due to public interest needs, in accordance with the "Regulations on the Expropriation and Compensation of Houses on State-owned Land", the "Regulations on the Expropriation and Compensation of Houses on State-owned Land in Chongqing", and the related implementation rules, the People's Government of Yubei District in Chongqing plans to expropriate the land, above-ground buildings, and related subsidiary Assets of the company located at 579 Konggang Avenue, Yubei District, Chongqing. The expropriation department is the Yubei District Housing and Urban-Rural Development Committee (hereinafter referred to as 'Yubei District Housing and Urban-Rural Development Committee'). Chongqing Changan Automobile intends to sign the 'Expropriation Agreement for Houses on State-owned Land in Yubei District, Chongqing' (hereinafter referred to as 'Expropriation Agreement') with the Yubei District Housing and Urban-Rural Development Committee, and it is anticipated that the total compensation amount for this expropriation will be 2,558.18 million yuan, with the final compensation amount subject to the formally signed expropriation agreement by both parties.