GAC Group

Guangzhou Automobile Group Co., Ltd. (abbreviated as GAC Group, 601238.SH, 02238.HK) is headquartered in Guangzhou and is a large joint-stock automobile enterprise group listed on both A-shares and H-shares. It currently employs approximately 100,000 people and has been listed in the Fortune Global 500 for 13 consecutive years. Its main business covers seven major sectors: research and development, complete vehicles, parts and components, energy and ecology, internationalization, commerce and mobility, and investment and finance. It adheres to the simultaneous advancement of independent innovation and joint ventures and cooperation, and is currently making every effort to transform into a technology-oriented enterprise. Adhering to the corporate philosophy of "People-oriented, integrity-driven, innovation-first," GAC Group will strive to become an outstanding enterprise trusted by customers, with happy employees and social expectations, and continue to create value for the beautiful mobile life of humanity.

Since 2013, GAC Group has been listed in the Fortune Global 500 for five consecutive years. In 2017, it ranked 238th among world enterprises and 52nd among China's top 500 enterprises.
GAC Group adheres to the joint development of joint ventures and cooperation with independent innovation. Its business covers complete vehicles (automobiles, motorcycles) and research, development, and manufacturing of parts and components, automotive commerce services, and automotive finance, making it one of the domestic automotive groups with the most complete industrial chain and the first enterprise group in China's automotive industry to hold multiple non-bank financial licenses, including insurance, insurance brokerage, automotive finance, capital, finance, and financial leasing. Currently, GAC Group has dozens of well-known enterprises and research institutions under it, including GAC Motor, GAC Honda, GAC Toyota, GAC Mitsubishi, GAC Fiat Chrysler, and GAC Research Institute.
In 2017, the three core complete vehicle business sectors of GAC Group—its own brands, Japanese joint ventures, and European and American joint ventures—achieved comprehensive growth, with automobile production and sales both reaching 2 million vehicles, a year-on-year increase of over 20%, setting a historical record.
Looking forward to the "13th Five-Year Plan," GAC Group will continue to strengthen and solidify its five major sectors, leverage the entire group's strength to develop its own brands, achieve leapfrog development in its own brand business, and comprehensively realize major breakthroughs in electrification, internationalization, and connectivity. By 2020, GAC Group aims to double its main indicators compared to the end of the "12th Five-Year Plan," complete automobile production and sales of 2.4 million vehicles, achieve operating revenue exceeding 400 billion yuan, and total profits and taxes exceeding 50 billion yuan.
In April 2017, GAC Group launched a new brand slogan, "Craftsmanship in Heart, Quality in Action," and fully implemented a new brand strategic plan. In the future, GAC Group will uphold the brand core of "Ultimate Precision · Ambition for Broadness," not forget craftsmanship, pursue excellence, and with the way of craftsmanship, carefully and comprehensively create value for consumers and employees, partners in cooperation and investment, the industry, and society as a whole, striving to become a creator of mobile life value and a first-class automotive brand with international influence.