Guangzhou Automobile Group Co Ltd (Guangzhou Automobile), a subsidiary of Guangzhou Automobile Industry Group Company, Ltd, carries out the research and development, manufacture, distribution and after-sales services of passenger vehicles, commercial vehicles, motorcycles, engines and other auto parts. The company offers automobile leasing, logistics services, automobile disassembling, automobile credit, insurance brokerage services, and equity interest investment. Guangzhou Automobile engages in the production and sale of motorcycles, automobile finance and insurance and other financial investing business. The company offers its products through sales outlets and online channels. It operates in Mainland China and Hong Kong. Guangzhou Automobile is headquartered in Guangzhou, Guangdong, China.
Headquarters
China
Address
Gac Center, No. 23, Xingguo Road, Zhujiang New City, Tianhe District, Guangzhou, Guangdong, 510623
Website
www.gac.com.cn
Telephone
86 20 83151139
No of Employees
96,825
Industry
Automotive
Ticker Symbol & Exchange
601238 (SHA)
Revenue (2022)
$18.3B
17.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-45.1%
(2022 vs 2021)
Market Cap*
$10.2B
Net Profit Margin (2022)
XYZ
-53.4%
(2022 vs 2021)
* As of and is in US$
Guangzhou Automobile Group Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Passenger Vehicles | Logistics Services |
| Commercial Vehicles | Automobile Credit |
| Auto Parts | Automobile Leasing |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched M8 and M6 Pro models in the Philippines. |
| 2024 | Plans/Strategy | In January, the company and Gaungzhou Qingyun New Energy Technology announced plans to acquire a stake in GAC Hino Motors from Hino Motors. |
| 2023 | Contracts/Agreements | In November, the company and GEM signed a strategic cooperation framework agreement to jointly build an electric vehicle full lifecycle value chain on a global scale, achieving green recycling, resource utilization, and remanufacturing of scrapped electric vehicles. |
Competitor Comparison
| Key Parameters | Guangzhou Automobile Group Co Ltd | Geely Automobile Holdings Ltd | Great Wall Motor Co Ltd | Jiangling Motors Corporation Ltd | Lifan Technology Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | Hong Kong | China | China | China |
| City | Guangzhou | Hong Kong | Baoding | Nanchang | Chongqing |
| State/Province | Guangdong | - | Hebei | Jiangxi | Chongqing |
| No. of Employees | 96,825 | 60,000 | 82,439 | 11,619 | 5,768 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zeng Qinghong | Chairman | Executive Board | 2005 | 61 |
| Wang Dan | Chief Financial Officer; Deputy General Manager | Senior Management | 2005 | 52 |
| Feng Xingya | General Manager; Director | Executive Board | 2016 | 53 |
| Chen Xiaomu | Director; Deputy Party Secretary | Executive Board | 2020 | 47 |
| Li Shao | Deputy General Manager | Senior Management | 2021 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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