Changan Automobile Secures Unconditional Approval from SAMR for 50% Stake in Qingqi Suzuki via Asset Split

Among the unconditional approvals of business combinations published by the State Administration for Market Regulation prior to April 5, 2026, was the transaction whereby China Changan Automobile Group Co., Ltd. acquired control of Jinan Qingshi Suzuki Motorcycle Co., Ltd. through contractual arrangements. According to the transaction agreement, China South Industries Group Corporation signed a spin-off agreement, legally transferring its original 50% equity stake in Qingshi Suzuki as an asset to China Changan Automobile Group Co., Ltd. Following the completion of the transaction, China Changan and Suzuki Motor Corporation each hold a 50% equity interest in Qingshi Suzuki. Jinan Qingshi Suzuki Motorcycle Co., Ltd. was established in July 1994 and commenced full-scale production in July 1996. With a registered capital of USD 24 million, the company is located in the Eastern New Area of Jinan High-tech Industrial Development Zone and operates as a Sino-Japanese joint venture specializing in mid- to high-end motorcycles. Since its inception, the company has launched more than ten motorcycle models, including the GS125, AN150, GZ125, FD110, GT125, GR150, UU125, UY125, US125, and GIXXER150.