The actual controller of China Changan Automobile Group Co., Ltd. is China Ordnance Equipment Group Co., Ltd., holding 44.09% of the shares. The ultimate controller of China Changan Automobile Group Co., Ltd. is the State-owned Assets Supervision and Administration Commission of the State Council, holding 44.09% of the shares.
According to Article 64 of the Company Law of People's Republic of China (PRC), a wholly state-owned company refers to a limited liability company which is solely funded by the state and authorized by the State Council or the local people's government to perform the responsibilities of the investor.
In 20 10, China Changan Automobile Group Co., Ltd. won the National Innovation Award jointly selected by the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission of the State Council and the All-China Federation of Trade Unions, the "Independent Innovation of China Enterprises 100 Top" selected by the China Enterprise Evaluation Association, the "Corporate Social Responsibility Contribution Award" selected by the National Defense Science and Technology Industry of China, and the "Excellent Electric Vehicle Enterprise of the Year" selected by China Automobile News and Auto Network.
Hunan Tian Yan, namely Hunan Tian Yan Machinery Co., Ltd., belongs to China Ordnance Equipment Group Co., Ltd. and is a holding subsidiary of its China Changan Automobile Group Co., Ltd.