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, and the cumulative sales of GAC Group from January to December were 2.1444 million units, an increase of 4.92% year-on-year; the sales of new energy vehicles in December were 19,300 units, an increase of 113.60% year-on-year; and the sales of new energy vehicles in January-December were 143,000 units, an increase of 77.35% 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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