China Merchants Group and China Changan Automobile Group Co., Ltd. have signed a strategic cooperation framework agreement in Shenzhen to deepen collaboration across multiple industries.

The two sides will cooperate in areas including logistics transportation, vehicle inspection and certification, integrated finance, property management, new energy and green low-carbon development.

Miao Jianmin, Chairman of China Merchants Group, said the group’s global network covering ports, shipping, logistics parks, automotive services, finance and other sectors can provide strong support for Changan Automobile’s industrial development and overseas expansion.

He noted that both companies are long-established state-owned enterprises with strong industrial foundations and significant potential for cooperation. The two sides will accelerate implementation of cooperation projects and enhance the international competitiveness of China’s manufacturing sector.

Zhu Huarong, Chairman of China Changan Automobile Group, said Changan Automobile has focused on new energy vehicles and intelligent vehicles, achieving steady growth in both domestic and overseas markets.

The cooperation will combine the strengths of both companies, improve industrial support capabilities and contribute to their long-term international and intelligent development strategies.