GAC Motor Hangzhou

GAC Motor Hangzhou was established on April 27, 2016. It is a key project jointly built by the Hangzhou municipal government and GAC Group and a successful implementation of supply-side structural reform. The company is planned for a long-term annual capacity of 400,000 vehicles, with an initial investment of RMB 8 billion to build a 200,000-vehicle-per-year capacity in one phase. It has complete stamping, welding, painting, and assembly production lines for whole vehicles, built to high industry standards, achieving an organic integration of production automation, information digitalization, intelligent management, and ecological intelligent manufacturing. It is an intelligent manufacturing benchmark factory featuring high efficiency, high quality, and energy conservation and environmental protection. Since production began, annual sales have exceeded 100,000 vehicles for consecutive years, contributing nearly RMB 10 billion in output value. At full capacity, it can achieve sales revenue of approximately RMB 20 billion, taxes and profits of approximately RMB 3 billion, create nearly 10,000 jobs, and drive upstream parts and downstream service and trade, contributing nearly RMB 100 billion in output value.