Chongqing Changan Automobile will not close down. On May 20 18, Changan Automobile registered and established Chongqing Changan New Energy Automobile Technology Co., Ltd. According to public information, the legal person of Changan New Energy is Li Wei. Enterprises like Changan Automobile will close down, and the nature of central enterprises is state support. Short-term performance decline is a change in the overall layout of enterprises, and enterprises are undergoing transformation and rectification. The stock price decline is based on the uncertainty of performance and future, and the overall manufacturing level and scale of the company will not change greatly.