ChangAn Launches Rayong Factory, Focusing on Sustainable Manufacturing, Efficiency, Cost, and Quality
The launch coincided with ChangAn's 28.59 millionth vehicle rolling off the assembly line, marking a key milestone in its international expansion.
RAYONG, Thailand, May 16, 2025 /PRNewswire/ -- ChangAn Automobile ("ChangAn" or "the Company"), an intelligent low-carbon mobility technology company, officially opened its first international new energy vehicle (NEV) manufacturing base in Rayong, Thailand, integrating sustainable, low-carbon, flexible manufacturing, and intelligent digital systems that focus on efficiency, cost, and quality. The launch marks a key milestone for ChangAn in its international manufacturing structure and injects advanced intelligent manufacturing power into Thailand's automotive industry.
The opening of ChangAn's Rayong Factory marks a new phase of its Vast Ocean Plan, shifting from product exports to industrial globalisation. It showcases the Company's potential in global expansion across products, smart manufacturing, branding, and green, digital innovation.
As a key production hub, the plant features five intelligent workshops — including welding, painting, general and engine assembly, and battery — with 90% automation at key quality control stations, among the highest in Thailand's auto industry. The factory incorporates energy-saving and eco-friendly features aligned with green development goals. A 14MW photovoltaic system will provide 45% of the plant's electricity. Recirculating air towers, louvers, natural lighting, and rainwater recycling will cut energy use for lighting and ventilation, improve water efficiency, and lower energy costs by an estimated 5%.
ChangAn has implemented an innovative and flexible production system to lower manufacturing costs and efficiently build high-value vehicles. The welding workshop features 39 robots and advanced material-joining methods, including FDS, EPS, and SPR, delivering strength beyond traditional connection techniques. The painting workshop uses 29 robots and advanced spraying to extend paint life to 15 years and reduce emissions by 40%, while the assembly line features 140 stations, including 18 fully and 125 semi-automated units. Technologies such as automated seal adjustment and AGV vehicles allow for multi-model and multi-power production. The power workshop supports engine and battery production, including ultra-precise engine tile-matching and visual guidance across 22 battery processes. Forty-five AGVs create a flexible, responsive manufacturing and transport system.
As a digital-first factory, ChangAn employs a full-stack digital ecosystem with a microservice architecture for 100% online operations. The entire manufacturing process is scheduled in real time, improving supply chain coordination and reducing the order delivery cycle from 21 days to 15 days. The ChangAn Quality Operating System (CAQOS) ensures comprehensive quality management across supplier parts, vehicle production, and market services. During production, 77 surveillance cameras and 62 foolproof checkpoints are used, creating 71 quality containment processes to ensure end-to-end quality across parts, production, and market services.
Looking forward, ChangAn aims to localise 80% of production at its Rayong Factory, create 30,000 jobs, and support low-carbon growth and talent development for Thailand's green transition. Positioned as a hub for Southeast Asia, Australia and New Zealand, ChangAn plans to exceed 5 million global and 3 million new energy vehicle sales by 2030. Over the next three years, it will launch 12 new energy models and expand AI features. A new Rayong parts centre will support right-hand drive markets with 24-hour delivery.
"After 556 days of dedication from over 2,000 employees and partners around the world, we have built a factory that is efficient, modern, and smart," said Shen Xinghua, Managing Director of ChangAn Automobile Southeast Asia Business Unit. "We are here for the long run. Together, we will help shape a cleaner, smarter, and stronger automotive future — In Thailand , For Thailand, and For the world."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Korea Herald
6 hours ago
- Korea Herald
HIRONIC Successfully Hosts First Asia Innovation Summit 2025
SEOUL, South Korea, June 7, 2025 /PRNewswire/ -- HIRONIC, a global leader in non-invasive medical aesthetic technology, has successfully hosted its inaugural 'HIRONIC Innovation Summit 2025. Asia Edition' in Bangkok, Thailand on June 5th. The event brought together approximately 100 medical professionals and medical distribution industry representatives from South Korea, Thailand, Vietnam, Malaysia, Indonesia, Myanmar, and other countries. Across four in-depth clinical sessions, speakers presented the latest approaches to skin rejuvenation, covering multi-layered face and body lifting, advanced scar treatment, and next-generation needle-free drug delivery technologies. One of the keynote lectures was delivered by Dr. Wonkyu Hong, Director and dermatologist at Human Dermatology Clinic and Executive Director of the Human Clinical Trial Center in South Korea. Dr. Hong explored the rapidly evolving role of needle-free technology in aesthetic medicine, sharing his clinical experience while emphasizing both its therapeutic advantages and its significant market growth potential driven by increasing patient demand for non-invasive rejuvenation solutions. Dr. Thitikom Limrattanamekha, founder and CEO of Optima Aesthetics in Thailand and an experienced laser specialist in scar treatment, skin quality improvement, and pigmentation management, shared his expertise on combining pico laser and RF microneedling to achieve highly effective outcomes in complex scarring cases. His presentation highlighted how advanced combination protocols are reshaping non-surgical treatment approaches and expanding therapeutic options for physicians worldwide. The symposium also provided a platform to showcase the clinical advancements and growing market relevance of HIRONIC's flagship export technologies, including New Doublo™, PICOHI™, and the latest needle-free delivery system Synerjet PRO™. Sasha Borovtsova, Head of Global Marketing Office at HIRONIC, stated, "This summit not only showcased the real-world clinical applications of our technologies but also underscored the accelerating global demand for safer, more versatile, and highly effective aesthetic solutions. As innovation continues to drive market growth, HIRONIC remains committed to advancing technology and strengthening global expertise and partnerships through events like the HIRONIC Innovation Summit." Headquartered in South Korea, HIRONIC is a leading global manufacturer of medical aesthetic devices, specializing in HIFU, RF, laser, and needle-free technologies. With a presence in over 80 countries, HIRONIC has introduced iconic devices such as Doublo™, Doublo Gold™, and New Doublo 2.0™ to the international market.
Korea Herald
a day ago
- Korea Herald
China to Host Global Tech Visionaries at GSMA MWC25 Shanghai: Asia Pacific's Flagship Mobile Tech Event Reveals Speaker Lineup and Programme Highlights
LONDON, June 6, 2025 /PRNewswire/ -- GSMA MWC25 Shanghai promises to be a defining moment for Asia Pacific's technology market as innovators, policymakers and business leaders from around the world get ready to converge at the Shanghai New International Expo Centre (SNIEC) and Kerry Hotel Pudong, on 18-20 June 2025. With China cementing its status as a global powerhouse of mobile technology – and the world's largest 5G market – MWC25 Shanghai will explore how 5G, AI, and IoT are transforming industries and accelerating a new era of intelligent, connected growth. MWC Shanghai brings together global operators, vendors, solutions-providers and the Chinese connectivity ecosystem. Mobile connectivity is projected to contribute $2 trillion to China's economy and nearly $11 trillion to global GDP by 2030, advancing productivity and enabling smarter and more sustainable societies. These themes will be front and centre at MWC25 Shanghai, which will gather some of the most influential technology and business voices in Asia Pacific. Confirmed keynote speakers include: New and Highlighted Features at MWC25 Shanghai include: GSMA Policy Leaders Forum: Coming to MWC Shanghai for the first time, the PLF is an exclusive forum where global policymakers and industry leaders will gather to discuss policy and regulation. Topics will include the impact and opportunities of AI, closing the digital divide, as well as mobile and AI's convergence and its future potential towards 6G. In addition, discussions will include factors that enabled China's rapid evolution to 5G-Advanced and digital connectivity and, the digital transformation incentives needed for the growth of digital nations.
Korea Herald
a day ago
- Korea Herald
Noah Holdings and ARK Wealth Outline Strategic Wealth Allocation Framework for Navigating Market Volatility at Financial Forums in Hong Kong
HONG KONG, June 6, 2025 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors, and its internationally focused subsidiary, ARK Wealth Management, delivered key strategic insights on navigating unprecedented market volatility at two premier financial forums in May 2025. Co-Founder and CEO of Noah, Zander Yin, and CFO of Noah and CEO of ARK Hong Kong, Grant Pan, outlined Noah's strategic wealth management framework while addressing the fundamental challenges facing high-net-worth investors in today's complex global environment. Strategic Framework for Market Uncertainty Speaking at the 3rd Greenwich Economic Forum Hong Kong on May 22 and Asian Private Banker's China Global Wealth Summit on May 28, Yin addressed the multipolar order, economic decoupling, and AI disruption: "Our clients face a stark choice: accept investment risk or watch cash erode to inflation. Recent survey data from the tariff-themed private roundtable we recently hosted further supports this with 38% of our entrepreneur clients ranking 'market uncertainty' as their top concern and over 80% prioritizing risk mitigation." To address this, Noah has developed the Strategic Asset Allocation Pyramid Model. This model anchors the base of client portfolios with identity, trust, and wealth preservation and builds upon them with selective long-term growth opportunities in technology and real assets. "After 22 years in wealth management, our mission extends beyond selecting the right products for clients," Yin commented. "We empower them with a smarter, more resilient approach to wealth management through ongoing investor education." Yin also highlighted two core investment principles for navigating volatile markets: maintaining liquidity and agility—the ability to act quickly when opportunities arise, and avoiding emotional traps such as pessimism, fear, and excessive defensiveness, which often erode long-term returns more than strategic missteps. Alternative Investments Drive Growth Alternative investments in private equity, venture capital, and other alternatives now comprise two-thirds of Noah's AUM, driven by Chinese entrepreneurs' appetite for differentiated, long-term strategies. During the China Global Wealth Summit panel "Alternatives in Focus," Yin noted that alternative investments have become a key pillar of Noah's product offerings, not only for returns, but as part of holistic planning. These investments form the top layer of the Strategic Asset Allocation Pyramid Model, representing the long-term growth component that complements the foundational layers of identity, trust, and wealth preservation. He also cited increasing demand for semi-liquid structures like evergreen and multi-strategy funds, which are making alternatives more accessible to private clients. Yin also addressed two persistent challenges Chinese investors face in global alternatives: information asymmetry and cognitive gaps. "If clients don't understand a strategy, they won't invest," Yin explained. "Wealth managers and family office professionals have a duty to bridge that gap through education, transparency, and consistent communication." Geographic Diversification Strategy Pan outlined how current tariff policies are influencing investment decisions among Noah's predominantly entrepreneurial client base at the Greenwich Economic Forum, with 70% being small-to-medium business owners often engaged in international trade. "Clients are increasingly looking to allocate assets to regions other than China and the US—the traditional destinations. This represents a clear mindset shift from pursuit of highest returns to balanced portfolios based on risk perspective—a significant improvement in asset allocation strategy," Pan explained. Pan outlined key strategic recommendations for today's complex environment: Pan also highlighted how these trends directly align with Noah's international expansion strategy with three overseas booking centers currently operational or in development in Shanghai, Hong Kong, Singapore, and the U.S. Noah is evaluating further development opportunities in Europe and the Middle East, subject to regulatory clarity and geopolitical stability. Noah and ARK remain committed to supporting global Chinese high-net-worth investors and family offices through informed, globally connected, and professionally guided wealth solutions. ABOUT THE GREENWICH ECONOMIC FORUM – HONG KONG Set in Asia's largest alternative investment hub, GEF-Hong Kong gathers approximately 300 - 400 C-Suite leaders from finance, business, academia, and policy sectors across global markets. Attendees dive into an intensive day of networking, deal-making, and thought leadership at the premier global conference focusing on alternative investments. This year's forum featured renowned economist Nouriel Roubini, known for predicting the 2008 financial crisis and for his incisive analysis of global macroeconomic risks. His participation underscores the forum's global relevance and intellectual depth. The Greenwich Economic Forum is widely recognized as one of the most influential gatherings in the global investment community. With its roots in the financial epicenter of Greenwich, Connecticut, and successful global editions in London and Hong Kong, GEF fosters frank, off-the-record dialogue among decision-makers shaping the future of capital markets, geopolitics, and sustainable finance. ABOUT CHINA GLOBAL WEALTH SUMMIT The China Global Wealth Summit is a new international conference that will focus on how the wealth management industry in Greater China is adapting to serve the offshore investment and non-financial needs of global Chinese clients. The conference will bring together global and China-based private banks and wealth institutions with their (U)HNW clients. It will feature high-level Keynote Speeches, on-stage interviews and panel discussions that showcase the growth of the offshore Chinese client base, and the investment and non-financial solutions that wealth managers and advisors can bring to the demands of their clients. ABOUT NOAH HOLDINGS LIMITED and ARK Wealth Management Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah's American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol "NOAH," and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code "6686." One ADS represents five ordinary shares, par value $0.00005 per share. ARK Wealth Management, a core subsidiary under Noah Holdings Limited, is a leading provider of global wealth management services, offering one-stop financial solutions for high-net-worth global Chinese families and institutions. With a client-centric philosophy that emphasizes independence and professionalism, ARK consistently innovates its product offerings and services to address the evolving needs of its clients, delivering sophisticated wealth management strategies with a goal of becoming the preferred wealth management platform for global Chinese investors. ARK Wealth Management currently has over USD 8.7 billion in assets under advisement (AUA). With service centers in multiple countries and regions, ARK's team of 140+ global investment advisors focus on providing tailored, localized financial services to clients.
