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Moomoo > Quotes > 02238 GAC GROUP > Company Profile
02238 GAC GROUP
7.860
+0.010+0.13%
Symbol
02238
Company Name
GAC GROUP
ISIN
CNE100000Q35
Listing Date
08/30/2010
Establishment Date
06/06/1997
Registration
China
Chairman
Qinghong Ceng
Secretary
Chuangshun\suili Liang
Audit Institution
Luo Bingxian PricewaterhouseCoopers, Shin Yongzhong and CPA firms (special general partnership)
Company Category
Mainland registration of Mainland State-owned Assets control
Registered Office
23rd floor, Chengyue Building, 448 Dong Feng Zhong Road, Yuexiu District, Guangzhou City
Head Office and Principal Place of Business
Guangzhou Automobile Center, No. 23 Xingguo Road, Zhujiang New Town, Tianhe District, Guangzhou City, Guangdong Province
Fiscal Year Ends
12-31
Employees
96989
Market
Hong Kong motherboard
Phone
020-83151139
Fax
020-83150319
Email
ir@gagc.com.cn
Business
Guangzhou Automobile Group Co., Ltd. is an investment holding company mainly engaged in automobile and related business. The company consists of five business units. The R & D department mainly develops new products and technologies and carries out R & D work. The whole vehicle department makes cars and motorcycles. The business and trade service department is engaged in automobile sales, logistics, international trade, used cars, disassembly, resource regeneration and supporting services. The main products of the parts department include engines, transmissions, seats, car lamps, automatic operating accessories, steering gears, shock absorbers and accessories. The financial sector provides financial investment, insurance, insurance brokerage, financial leasing, car credit and other related services.
Profile
Guangzhou Automobile Group Co., Ltd. (GAC GROUP for short) is a large state-owned shareholding enterprise group, its predecessor is Guangzhou Automobile Group Co., Ltd., which was established in June 1997. Guangzhou Automotive Industry Group Co., Ltd., Wanxiang Group Co., Ltd., China Machinery Industry Group Co., Ltd., Guangzhou Iron and Steel Enterprise Group Co., Ltd. And Guangzhou Changlong Group Co., Ltd., as co-sponsors, carried out the shareholding transformation of the former Guangzhou Automobile Group Co., Ltd., and established GAC GROUP, which is the first in China's automobile industry to introduce a number of joint venture partners at the group level. Enterprises that carry out restructuring and set up joint-stock companies are mainly engaged in the design and manufacture of complete automobile and spare parts facing domestic and foreign markets, automobile sales and logistics, auto finance, insurance and related services, with an independent and complete production, supply, marketing and R & D system. GAC GROUP's main business is automobile design and manufacturing for domestic and foreign markets, automobile sales and logistics, auto finance, insurance and related services, with an independent and complete production, supply, marketing and R & D system. At present, the Group owns GAC MOTOR, Guangzhou Automobile Honda, Guangzhou Automobile Toyota, Guangzhou Automobile Fick, Guangzhou Automobile Mitsubishi, Guangzhou Automobile Geo, Guangzhou Automobile ZTE, Honda (China), Guangzhou Automobile Hino, Guangzhou Automobile bus, Wuyang Honda, Guangzhou Automobile parts, Guangzhou Automobile Toyota engine, Shanghai Hino engine, Guangzhou Automobile Trading, Tongfang Global, Zhonglong Investment, Guangzhou Automobile Huili, Guangai, Zhongcheng Insurance, Guangzhou Automobile Capital, GAC R&D CENTER and other dozens of well-known enterprises and R & D institutions. With the goal of "casting a public company trusted by society", GAC GROUP continues to improve economic efficiency, asset quality, profitability, and achieved good financial performance. At the same time, the group formulates a relatively stable and continuous profit distribution plan, which actively rewards shareholders; the group insists on paying taxes in accordance with the law, and the tax revenue created for the country increases year by year. After 2013, GAC GROUP was re-listed in the 2014 Fortune 500 list and jumped to 117th place. Its own brand Chuanqi also ranked first again in J.D. Power Asia Pacific's China New car quality Research report in 2014. Power.
Company Overview
Guangzhou Automobile Group Co., Ltd. is an investment holding company mainly engaged in automobile and related business. The company consists of five business units. The R & D department mainly develops new products and technologies and carries out R & D work. The whole vehicle department makes cars and motorcycles. The business and trade service department is engaged in automobile sales, logistics, international trade, used cars, disassembly, resource regeneration and supporting services. The main products of the parts department include engines, transmissions, seats, car lamps, automatic operating accessories, steering gears, shock absorbers and accessories. The financial sector provides financial investment, insurance, insurance brokerage, financial leasing, car credit and other related services.
CEO: Qinghong Ceng
Market: Hong Kong motherboard
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