Guangzhou Automobile Group Co., Ltd. (02G)

Overview

Guangzhou Automobile Group Co., Ltd. (GAC Group) is a prominent player in the automotive industry, engaging in the research, development, manufacturing, and sale of various vehicles and motorcycles, alongside a range of automotive parts and components. Founded in 1997 and based in Guangzhou, China, the company extends its services to include commercial and financial services within Mainland China and Hong Kong. Operating under two main segments, Vehicles and Related Operations, and Others, GAC Group is part of the Guangzhou Automobile Industry Group Co., Ltd., thriving as a subsidiary that has grown to cater to a vast spectrum of automotive needs.

Products and Services

• Passenger and Commercial Vehicles

  GAC Group manufactures a diverse array of vehicles, covering large to medium-sized passenger vehicles, light and heavy trucks, construction vehicles, and energy vehicles. This range caters to various market demands, from personal transport needs to logistics and construction industries, highlighting the company's comprehensive approach to vehicle production.

• Motorcycles

  The company's production extends to motorcycles, including standard motorcycles, sport bikes, and scooters. These offerings demonstrate GAC Group's commitment to providing various modes of transportation to suit different consumer preferences and needs.

• Auto Parts and Components

  GAC Group is also a significant supplier of auto parts and components, offering engines, gearboxes, car seats, HVAC (Heating, Ventilation, and Air Conditioning) systems, auto lamps, automation accessories, redirectors, shock absorbers, and other accessories. These components are crucial for vehicle repair, maintenance, and enhancement, serving both the OEM (Original Equipment Manufacturer) and aftermarket sectors.

• Financial and Commercial Services

  The company diversifies its portfolio with financial investment services, insurance, insurance brokerage, financial leasing, automobile credit, and other related services. These offerings indicate GAC Group's intention to support its automotive products with financial solutions, catering to both individual and corporate clients.

• Vehicle Sales and Support Services

  GAC Group is involved in vehicle sales, logistics, international trading, second-hand vehicles, disassembling, resources recycling, the provision of supporting services, and even the trade of steel. These operations exemplify the company's efforts to deliver comprehensive automotive solutions, encompassing the lifecycle of a vehicle from production to recycling.

• Investment Management Services

  Apart from its core automotive business, GAC Group provides investment management services. This facet of the company illustrates its involvement in broader financial activities, managing investments to optimize returns and fuel further growth of the conglomerate.