Gelonghui, November 13 | According to Tianfeng Securities Research Report, Changan Automobile (000625.SZ) sold a total of 0.251 million vehicles in October, up 4.1% year on year and 17.7% month on month. Independent new energy brands continued to emerge, which contributed to a sharp increase in sales volume from month to month. Brand New Energy sold 0.085 million vehicles in October, up 48.6% year on year and 56.8% month on month. In terms of new cars, Avita 07 was officially released on September 26, with a target of 11,673 units in 20 hours; sales of all Avita models doubled year-on-year, reaching a record high, showing strong market demand. On November 2, Avita 12 Dual Power was officially launched, which is expected to further boost sales. The company's own brands continue to be strong and accelerate overseas expansion. Among them, in the Central and South American market, Changan Automobile will focus on the fuel vehicle sector, with the Mexican market as its anchor. The three new energy brands, Deep Blue, Changan Qiyuan, and Avita, will be launched in the region this year. Changan's sales volume is expected to reach 0.2 million vehicles by 2030. Maintain a “buy” rating.