On March 31, Guangzhou Automobile Group Co., Ltd. held its 2021 annual media communication meeting. Zeng Qinghong, chairman of GAC Group, said at the communication meeting that in 2021, GAC Group achieved automobile production and sales of about 2.14 million vehicles, an increase of about 5% year-on-year, and the growth rate of production and sales outperformed the industry trend, and its domestic market share further increased to 8.16%; the total operating income of the total operating income was about 429.755 billion yuan, an increase of about 8.66% year-on-year; the net profit attributable to the shareholders of listed companies exceeded 7.3 billion yuan, an increase of nearly 23% year-on-year. At the same time, in order to effectively return shareholders, GAC Group intends to pay a final dividend of 1.7 yuan (including tax) per 10 shares to all shareholders, superimposed on the dividends already paid in the medium term, with a total total dividend of about 2.297 billion yuan for the whole year.
As a large-scale car company that has attracted market attention recently, in 2021, GAC Group's performance in terms of independent brands is particularly outstanding, and while the sales of many new models have increased rapidly, the continuous enhancement of scientific and technological strength has also helped GAC Group's product strength, marketing power and brand power to significantly increase. At the same time, the GAC joint venture brand is also in a continuous upward trend, continuously innovating through product technology and continuously increasing the comprehensive competitiveness of the entire group.
In terms of independent research and development, GAC Group insists on using scientific and technological innovation to seek new development for the group. In the past year, GAC Group has continued to build an "ecosystem" for the whole industry chain, strengthening the research and development of key core technologies around the field of intelligent networking and new energy, promoting scientific and technological self-reliance and self-improvement, and achieving new breakthroughs in many scientific and technological fields.
Feng Xingya, general manager of GAC Group, said at the media briefing that this year is a key year for the 14th Five-Year Plan, and GAC Group will challenge the 15% growth target. It's a goal that you have to jump up to touch. But facing the future, GAC not only has to jump, but also has to run. GAC Group will base itself on the present, continue to run the road of transformation of the new four modernizations and the road of scientific and technological innovation, and drive GAC to open up a new future with science and technology.
Through this media communication meeting, it can be clearly felt that gagac group, which has entered the fast lane of development, has become more and more scientific and technological.
Independent research and development to achieve new breakthroughs GAC Group accelerated its transformation into a technology-based enterprise
From the communication meeting, it can be learned that at present, GAC Group is accelerating its transformation into a science and technology enterprise, aiming at new energy, intelligent networking and other fields, continuing to exert efforts in scientific research and innovation, and striving to build a new development pattern. Throughout 2021, in terms of R&D investment, GAC Group increased its investment in R&D, investing nearly 5.2 billion yuan in R&D throughout the year, and adding 2,580 new patent applications, including 1,108 invention patents and 10,620 cumulative patent applications.
In the field of intelligent networking, GAC Group is steadily promoting the research and development of various cutting-edge intelligent networking technologies. In terms of the results already achieved, it is understood that GAC Group has made phased progress in the fields of vehicle-cloud integrated electronic and electrical architecture, intelligent driving, and ADiGO (intelligent driving interconnection) ecosystem. Guangzhou Automobile's cloud-integrated centralized computing electronic and electrical architecture "Xingling Architecture" was officially released at the 2021 Guangzhou Auto Show, and all technical solutions have been designed so far. The ADiGo ecosystem has been iterated to version 4.0, including over-the-horizon summoning parking, NDA pilot assisted driving and other functions, and has been mass-produced in new models such as AION V Plus.
In addition to entering a critical landing period in the development of intelligent and connected vehicles, GAC Group has also achieved significant results in digital development.
In the field of digitalization, the digital transformation of GAC Group will extend from the fields of marketing and control to the fields of intelligent manufacturing and research and development. In the past year, GAC Group has taken the listing of new models such as Yingbao as an opportunity to explore digital marketing innovation, break through the traditional marketing service link, and form a new "user-centric" marketing service model by establishing direct connections between OEMs and customers, and thus help GAC Trumpchi achieve a cumulative total sales increase of more than 10% throughout the year, reaching 324,200 vehicles; at the same time, GAC Group launched the construction of GAC Data Center Project, with the principles of intensification, flexibility and autonomy to create the cornerstone of the Group's digital transformation.
In addition, adhering to the principle that talent is the source of scientific and technological innovation, GAC Group has also been making unremitting efforts to promote the development of talents and stimulate the vitality of talents for the sake of the Group's scientific and technological tomorrow. Zeng Qinghong, chairman of GAC Group, said at the communication meeting that he will continue to strengthen the construction of high-level talent teams, and aims to form a leading talent with more than 30 people, a software talent team of 20%, and an intelligent network new energy technology research and development team of 3,000 people by 2025. Next, GAC Group will also face the global recruitment of professional managers who are deputy general managers of the group, and will soon issue recruitment advertisements to the outside world.
Based on the rapid development of technology, GAC Group's scientific and technological transformation is advancing in depth, through the above-mentioned layout in the field of multi-faceted independent research and development of science and technology, GAC Group will use technology to help itself better achieve the unremitting pursuit of excellent quality over the years.
Actively plan the layout of brand technology GAC Group will transform science and technology into hard power
In today's increasingly fierce market competition, scientific and technological strength has gradually become the focus of competition. To this end, GAC Group is actively building its multi-brand technology hard power and laying out in advance to achieve the strategic goals of the 14th Five-Year Plan.
At present, GAC Trumpchi is adhering to the "hybrid + intelligent" dual-core development strategy, and plans to achieve hybridization of all models in 2025, and the sales volume of hybrid models will account for more than 60% in 2030. Starting this year, Trumpchi will continue to launch hybrid models and build two hybrid systems based on the Julang power system. One is a combination of GAC 2.0ATK engine and GAC GMC2.0 hybrid system, with a maximum thermal efficiency of 42.1% and a thermal efficiency rate of 95.5%; the other is a combination of GAC's third-generation 2.0TM engine and Toyota's fourth-generation THS hybrid system, and the new second-generation GS8 has taken the lead in equipping this system.
As a new force in the new energy market, GAC Aean is also making great strides in scientific and technological innovation. It is understood that GAC Aeon will focus on continuous investment in the field of EV+ICV to accelerate innovation and development in these two fields.
In terms of EV technology innovation, GAC AEG will focus on platform upgrades and overcharge layouts to build a sustainable energy ecosystem. Through the launch of AEP3.0's new electric vehicle platform, it realizes technology that can be overcharged, upgraded and quickly exchanged. At the same time, GAC Aeon is also laying out the brand supercharge network, in March this year, GAC Group announced the establishment of GAC Energy Ecological Technology Co., Ltd. to help Aean lay out a sustainable energy supply system. The total investment of the project is 4.96 billion yuan. In addition, GAC Aean's replacement models will be gradually introduced to the market starting next year, and it is expected to continue to optimize the product structure of GAC Aeon. In terms of ICV technology innovation, GAC Aean will rely on the 'Xingling' electronic and electrical architecture to comprehensively enhance the scientific and technological innovation strength of ICV, and will launch the first infrared sensing technology to create an all-weather intelligent driving perception program.
For GAC's joint venture brand, in 2022, its electrification trend is more obvious, and the brand's scientific and technological strength is deeper.
This year, GUANGC Shuangtian's investment in new energy vehicles will increase significantly. Gac Toyota's pure electric SUV model, the bZ4X, debuted in November 2021 and is expected to be officially launched in 2022. The model is based on Toyota's new e-TNGA electric vehicle platform and is positioned as a compact SUV. Guangqi Honda also officially released its new electric brand: Ji Pan (English name e: NP), and the brand's first model, Ji Pan 1, was also unveiled. The emergence of Ji pan will help GAC Group accelerate the transformation of electric power with new solutions in all fields.
In addition, at this media communication meeting, Mr. Feng Xingya, general manager of GAC Group, also revealed to everyone: First, this year GAC Group will release a real pure electric supercar, which only needs 1.9 seconds to accelerate 100 kilometers, and can be delivered at the end of the year or early next year; second, the self-developed advanced intelligent driver assistance system NDA will be mass-produced this year and can support urban road scenes in the future; third, in the middle of this year, the group will also hold GAC Science and Technology Week activities to release a series of industry-leading innovative technologies.
It can be seen that GAC Group is making every effort to improve the scientific and technological level of its brands, consolidate the advantages of intelligence and electrification, and use scientific and technological strength to help the group increase its future revenue.
New Energy Vehicle Market Welcomes New Changes GAC Group seizes opportunities with science and technology
Nowadays, new energy vehicles have entered a new stage of development from policy-driven to market-driven, showing a development situation of "double improvement" of market scale and development quality. At present, the Ministry of Industry and Information Technology is stepping up research and clarifying support policies such as the continuation of preferential tax treatment for new energy vehicles to stabilize market expectations. This year's government work report also clearly proposed to "continue to support the consumption of new energy vehicles" and increase support for the real economy, including the new energy automobile industry.
It can be seen that with the rapid implementation of the national "double carbon" strategy, the concept of green and low-carbon travel has become a common practice, and the prospects of the new energy market are very good. How to grasp the opportunity in such a situation where opportunities and challenges coexist, the importance of energy-saving and new energy-related technological achievements is self-evident.
In this regard, GAC Group is continuing to promote technology research and development, and insists on using science and technology as a starting point to seize future opportunities. Last year, GAC Group officially released the hybrid technology platform "Green Engine Technology" at the 2021 Shanghai Auto Show to comprehensively promote the installation of the dual-motor hybrid system. Among them, Toyota's advanced THS hybrid system is equipped with GS8/M8 high-end models; the self-developed GMC system is equipped with GS4 and Shadow Leopard main sales models.
At the same time, GAC Group is also continuing to promote the key core technology of "three electricity" independent and controllable. Among them, the self-developed sponge silicon anode plate battery energy density, low temperature characteristics, etc. are at the industry's leading level, has been successfully equipped with AION LX Plus model listed last year, becoming the first model with a range of more than 1,000 kilometers announced by the Ministry of Industry and Information Technology; super double speed battery technology is also equipped with AION V Plus mass production applications; magazine battery system safety technology to achieve ternary lithium battery whole pack needle prick fire, successfully applied to AION Y and other models Gac's first hydrogen fuel cell vehicle based on its autonomous fuel cell system has also been officially demonstrated, which is expected to create new performance growth points for GAC in the future.
In addition, GAC Group said that new energy vehicles provide unprecedented opportunities for the explosive growth of energy-saving vehicles. The Group will firmly grasp this historical opportunity, take advantage of the momentum, and make every effort to promote the innovative development of GAC E-An and the implementation of GAC Trumpchi's hybridization strategy, and provide all-round support in terms of talent resources, capital operation, marketing, assessment and incentives, especially to steadily promote the mixed reform of GAC E-An, so as to lay a solid foundation for the realization of the annual goals and tasks and the green and low-carbon development of the Group.
In the future, GAC Group insists that it will focus on the Group's long-term goals for 2035 and the "14th Five-Year Plan" development plan, work hard, break the situation, and strive to create a new situation of "growth GAC, benefit GAC, quality GAC, independent GAC, science and technology GAC, efficiency GAC, and responsible GAC", challenge the goal of 15% year-on-year increase in automobile production and sales for the whole year, and strive to create a new situation of high-quality development of the group.
![Li Mu, public relations director of the marketing department of GAC Trumpchi, has been doing public relations and gradually promoted frequently[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)