Guangzhou Automobile Group Co., Ltd.

广州汽车集团股份有限公司

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CountyYuexiu District · Guangzhou · Guangdong, China
IndustryAutomotive
Main productsThe entire vehicle and its key components; automotive parts
Established1997
Registration statusNot stated in source listing
Business modelTrader
Entity typeListed Joint Stock Company (state-controlled)
Registered capitalRMB 6.44 billion
Registered address23rd Floor, Chengyue Building, No. 448-458, Dongfeng Middle Road, Yuexiu District, Guangzhou
WebsiteNo website on record

Profile

Guangzhou Automobile Group Co., Ltd. (referred to as GAC Group) is a large state-controlled joint-stock enterprise group, whose predecessor was the Guangzhou Automobile Group Co., Ltd., established in June 1997. On June 28, 2005, Guangzhou Automobile Industry Group Co., Ltd., Wanxiang Group Co., Ltd., China National Machinery Industry Corporation, Guangzhou Iron and Steel Enterprise Group Co., Ltd., and Guangzhou Chimelong Hotel Co., Ltd. jointly initiated the transformation of the original Guangzhou Automobile Group Co., Ltd. into a joint-stock company, resulting in the establishment of GAC Group. Among China's large state-controlled automobile groups, GAC Group was the first to achieve a simultaneous A+H share listing. GAC Group's main businesses include the design and manufacturing of automobiles and auto parts for domestic and international markets, automobile sales and logistics, automobile finance, insurance, and related services. It possesses an independent and complete production, supply, sales, and research and development system. Currently, the group owns several well-known companies and research institutions, including GAC Passenger Vehicles, GAC Honda, GAC Toyota, GAC Mitsubishi, GAC Fiat, GAC Geely, Honda (China), GAC Nissan, GAC Buses, Wuyang Honda, GAC Components, GAC Toyota Engines, Shanghai Nissan Engines, GAC Trading, Tongfang Global, Zhonglong Investment, GAC Huili, Guangai Company, Zhongcheng Insurance, and GAC Research Institute.

Business scope

Corporate own funds investment; Technical research and development in vehicle engineering; Information Technology Consulting Services; Automobile Sales; Automobile retail; Wholesale of automobile spare parts; Retail of automobile spare parts; Conference and Exhibition Services; Import and export of goods (excluding goods under state monopoly and control); Import and export of technology; Property Management; Projects requiring approval in accordance with the law may be operated only after approval by the relevant authorities

Markets in this district

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