Changan Automobile repurchases 215M shares, 2.16941% of total capital

The split between A- and B-share repurchases is the notable detail here: the B-share leg carries a larger share count but a smaller yuan-equivalent outlay, pointing to the persistent valuation gap between Changan's mainland and Hong Kong-traded lines. For a state-linked automaker, deploying capital across both channels signals a willingness to support the discount segment rather than concentrate purely on the onshore listing. Whether the B-share portion keeps pace with the A-share program is the open question worth tracking in future disclosures.