Leju Finance Wang Min On January 5, Guangzhou Automobile Group Co., Ltd. (hereinafter referred to as "GAC Group") released the December 2021 Production and Sales Express, GAC Group's December automobile production was 268,000 units, an increase of 21.43% year-on-year, and the cumulative production of 2.1381 million units from January to December, an increase of 5.08% year-on-year; December automobile sales were 233,700 units, an increase of 11.77% year-on-year, and the cumulative sales of 2.1444 million units from January to December, an increase of 4.92% year-on-year.
GAC Group was established on June 6, 1997, the legal representative is Zeng Qinghong, the registered capital is 10.232 billion yuan, and the business scope includes the investment of the company's own funds; Technical research and development of vehicle engineering; Information technology consulting services, etc. Guangzhou Automobile Industry Group Co., Ltd. is its major shareholder, holding 53.1% of the shares. The company has 40 foreign-invested enterprises, including GAC Passenger Vehicle Co., Ltd.
Source: Leju Finance
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