奇瑞汽车股份有限公司Chery Automobile Co., Ltd.

Who owns Chery Automobile Co., Ltd.? The ownership chain, Wuhu municipal government (Wuhu SASAC)'s stake and the 2025 deal

Facts checked

Chery Automobile Co., Ltd. appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.

The Wuhu city government holds its Chery shares through Wuhu Investment Holding Co., Ltd., which is 95.59% owned by the city's state-asset commission. It became a direct holder of 21.17% of Chery Automobile in January 2025 and was diluted by the September 2025 share issue; the largest holder is shown at about 19.9% in later data. Chery told the Hong Kong exchange that no single party is able to control the company.

The short answer

Controlled by Wuhu municipal government (Wuhu SASAC)
Stake21.17%
SinceJanuary 2025
Kindcompany
Recorded holdings10
OriginCN
Name in Chinese 奇瑞汽车股份有限公司 Qíruì Qìchē Gǔfèn Yǒuxiàn Gōngsī “chee-RWAY chee-CHUH goo-FUN yoh-SHYEN gong-SUH”
Top of the chainWuhu municipal government (Wuhu SASAC)

The chain, step by step

  1. Wuhu municipal government (Wuhu SASAC) holds a stake in Chery Automobile Co., Ltd. at 21.17% since January 2025.

    The Wuhu city government holds its Chery shares through Wuhu Investment Holding Co., Ltd., which is 95.59% owned by the city's state-asset commission. It became a direct holder of 21.17% of Chery Automobile in January 2025 and was diluted by the September 2025 share issue; the largest holder is shown at about 19.9% in later data. Chery told the Hong Kong exchange that no single party is able to control the company.

Former owners

Holdings that have ended. They are here because the story needs them and are never part of the current tree.

  1. Chery Holding Group formerly held Chery Automobile Co., Ltd. at 42.32% until January 2025.

    Chery Holding Group owned the carmaker until January 2025, when it distributed its 42.32% holding to its own shareholders in proportion to their stakes - a step Chinese reporting calls 股东下沉, shareholder down-shift. Wuhu Investment Holding, the employee partnerships and the Luxshare vehicle went from indirect to direct holders, and Chery Automobile went to its Hong Kong listing that September without a parent company.

  2. Qingdao Wudaokou New Energy Automobile Industry Fund formerly held Chery Automobile Co., Ltd. from December 2019 until 2022.

    The same 2019 transaction gave the fund a direct stake in the carmaker: 18.52% per the December 2019 report, or 35.58% per the 2024 retrospective covering the completed deal. The two published figures differ, so none is recorded as the value.

Every holding above this entity, with the stake and the date it began.
Holder Holds Kind Stake Since
Wuhu municipal government (Wuhu SASAC) Chery Automobile Co., Ltd. holds a stake in 21.17% January 2025

Other recorded holdings in Chery Automobile Co., Ltd.

Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.

Joint ventures, licences and shareholdings recorded in Chery Automobile Co., Ltd..
HolderWhat it isShareSinceWhat the source says
Chery management and employee shareholding partnerships (Ruichuang, Ruiheng, Zhenrui)holds a stake in18.25%January 2025Chery's management and employee partnerships together held about 18.25% of the carmaker before the listing: Ruichuang 11.51%, Ruiheng 3.37% and Zhenrui 3.37%. Ruichuang's figure is from Chinese reporting of the prospectus; the three-way split is from Wikipedia and was not verified against a filing.
Luxshare Investment (Hong Kong) Limitedholds a stake in16.83%January 2025Luxshare Investment (Hong Kong) Limited became a direct holder of 16.83% of Chery Automobile in the January 2025 restructuring. Chinese reporting says the company is owned 50/50 by Wang Laijiao and Wang Laixi, siblings of Luxshare Precision's chair Wang Laichun, so Luxshare Precision itself does not hold Chery Automobile shares - a point Chery has publicly made after reports that Luxshare had become its largest shareholder.
Anhui provincial governmentholds a stake innot publishednot publishedAnhui provincial vehicles hold a further block alongside the city's: Anhui Credit Financing Guarantee Group at 9.97% and Anhui Investment Holding at 5.2% of Chery Automobile before the listing. These two figures come from Wikipedia's summary of the listing document and were not verified against a filing, so no combined figure is given here.
Contemporary Amperex Technology Co., Limitedholds a stake in3.15%not publishedThe battery maker CATL is listed among Chery Automobile's shareholders at 3.15%. The figure comes from Wikipedia's summary of the listing document and was not verified against a filing.

What Chery Automobile Co., Ltd. holds

Every current holding recorded from Chery Automobile Co., Ltd. downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.

Holdings recorded from Chery Automobile Co., Ltd..
HoldingWhat it isShareSinceWhat the source says
Cheryowns100%January 2025The Chery marque belongs to Chery Automobile Co., Ltd., the Hong Kong-listed carmaker. Note that this site uses the same id for the Chery brand and for Chery Holding Group; the edge here is to the brand.
Exeedowns100%2017Exeed is Chery's premium marque, shown in September 2017.
Jetourowns100%22 January 2018Jetour was established on 22 January 2018 and is Chery's second-largest brand by volume.
Omodaowns100%2022Omoda was created in 2022 as an export marque under Chery International.
Jaecooowns100%April 2023Jaecoo was launched in April 2023 as Chery's second export marque and shares its sales network with Omoda.
iCarcontrolscontrolsApril 2023iCar Ecological Technology Co., Ltd. is a Chery subsidiary set up in April 2023. The exact holding was not established here; the brand is exported as iCAUR.
Luxeedowns85%2026Chery Automobile holds 85% of Luxeed Auto. Two Wuhu investment partnerships holding shares for managers took 7.5% each; they are controlled by Guo Rui (40%), Zhao Changjiang (30%) and Zhu Xiaodong (30%).
Soueastowns100%March 2024Chery acquired Soueast outright in March 2024, reported as 100%.
JLR (Jaguar Land Rover)runs a joint venture withnot publishedNovember 2012Chery Jaguar Land Rover Automotive Co., Ltd. is owned 50/50 by Chery and JLR; the stake field is left null because neither partner owns any part of the other. The plant is at Changshu, Jiangsu, and opened in October 2014. JLR said in May 2025 that the venture would stop building Jaguar and Land Rover badged cars - the XEL, XFL and E-Pace ended in September 2025, the Evoque and Discovery Sport by the end of 2026 - and under a June 2024 agreement it instead builds electric cars under the revived Freelander marque.
EV Motors S.L.runs a joint venture withnot publishedNovember 2024Chery assembles cars in Barcelona with the Spanish company EV Motors, at part of the former Nissan Zona Franca site; output is sold under the revived Ebro marque and assembly began in November 2024 with Tiggo 7 and Tiggo 8 based models. The equity split was not established from a primary source in this pass.

Former holdings

Holdings that ended, kept out of the tables above so nothing current reads as past or the reverse.

Holdings Chery Automobile Co., Ltd. no longer has.
HoldingWhat it isShareSinceWhat the source says
Luxeedformerly held100%November 2023Chery owned all of Luxeed from the brand's announcement in November 2023 until the 2026 management buy-in reduced it to 85%.

Related

Sources for Chery Automobile Co., Ltd.

  1. Chery International, Chery Listed on HKEX, Embarking on a New Voyage in the Global Market. Read .
  2. 中国基金报 (China Fund News), 奇瑞IPO迷局 (Chery's IPO puzzle). Read .
  3. Wikipedia, Chery. Read . Finding aid for the post-listing figure of about 19.9%; not verified against a filing.