Who owns Kaicene? Changan Automobile's stake and the ownership chain
Facts checked Chinese holding 100%
Kaicene is Chinese. It is Changan's commercial-vehicle brand, making the light vans and pickups that carry much of China's small-business freight.
Kaicene is Changan's own light commercial vehicle brand, listed on the group's global site as CHANGAN LCV. The date the brand name was adopted could not be confirmed from a Changan document.
The short answer
| Controlled by | Changan Automobile |
|---|---|
| Stake | 100% |
| Since | not published |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 凯程 “KY-chung (KY as in 'kite')” |
| Top of the chain | State-owned Assets Supervision and Administration Commission of the State Council |
| Is it Chinese? | Yes |
The chain, step by step
State-owned Assets Supervision and Administration Commission of the State Council owns China Changan Automobile Group Co., Ltd. at 100% since 29 July 2025.
The State-owned Assets Supervision and Administration Commission of the State Council inaugurated China Changan Automobile Group Co., Ltd. as a central state-owned enterprise on 29 July 2025, with registered capital of 20 billion yuan and 117 subsidiaries and branches.
China Changan Automobile Group Co., Ltd. owns Changan Automobile at 35.04% since July 2025.
The new central SOE holds 14.23% of the listed Chongqing Changan Automobile directly and a further 20.81% through Chenzhi Group and Zhonghui Futong Investment, for 35.04% in total, as reported in July 2025.
Changan Automobile owns Kaicene at 100%.
Kaicene is Changan's own light commercial vehicle brand, listed on the group's global site as CHANGAN LCV. The date the brand name was adopted could not be confirmed from a Changan document.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| State-owned Assets Supervision and Administration Commission of the State Council | China Changan Automobile Group Co., Ltd. | owns | 100% | 29 July 2025 |
| China Changan Automobile Group Co., Ltd. | Changan Automobile | owns | 35.04% | July 2025 |
| Changan Automobile | Kaicene | owns | 100% | not published |
Kaicene: questions people ask
- Who owns Kaicene?
- Changan Automobile. Kaicene is Changan's own commercial-vehicle brand, listed on the group's global site as CHANGAN LCV.
- What does Kaicene mean?
- The Chinese name 凯程 (Kǎichéng) reads as 'a triumphant journey'. Kaicene is a romanised spelling for export, not a translation.
- What does Kaicene make?
- Vans, light trucks and pickups, sold mainly in China.
Related
Sources for Kaicene
- Changan Automobile, About Us. Read . Changan lists CHANGAN LCV as one of its five brands.
- Wikipedia, Kaicene. Read . The product range, the 2024 sales figure and the relationship to Oshan.
- Wikipedia, List of automobile manufacturers of China. Read . Changan's brand portfolio.
- State-owned Assets Supervision and Administration Commission of the State Council, China Inaugurates Changan as Central SOE. Read .
- iChongqing, Changan Powering Chongqing's Rise as a Global Motor City. Read .