Changan Automobile has announced a major leadership transition. Zhu Huarong has resigned from his positions as chairman, director, and legal representative of the company. He will retain his role as chairman and party secretary of China Changan Automobile Group, where he will oversee the long-term strategic planning of the group's automotive business.
The board of directors has elected Zhao Fei as the new chairman and legal representative, effective immediately until the end of the tenth board's term. Zhao Fei will step down from his previous role as president. In the interim, the chairman will also assume the responsibilities of the board secretary.
The company has also appointed Ye Pei as the new president, moving him from his previous role as executive vice president. Yang Dayong has been promoted to executive vice president, while Deng Chenghao has been named executive vice president, vacating his former position as vice president.
Changan stated that these changes are intended to optimize market mechanisms and focus on global operations. The company aims to leverage the parent group's capabilities in resource allocation, risk control, and strategic planning to drive high-quality development.
