Guangzhou Automobile Group Co Ltd 2022 AR2
The report highlights GAC Group's performance in 2022, marking its 25th anniversary. The company achieved a vehicle production of 2,479,900 units and sales of 2,433,800 units, representing year-on-year increases of 15.99% and 13.50% respectively. GAC Group's self-developed brands, GAMC and GAC AION, reached record sales of 633,700 units, with GAC AION's sales surging by 125.67%. Financially, the Group recorded an aggregated sales revenue of approximately RMB 514.605 billion, up 19.74% year-on-year. Additionally, the Group accelerated its transition to intelligent connected and new energy vehicles, advancing its 'GLASS Plan' for carbon neutrality and completing GAC AION's Series A mixed-ownership reform.
Company: Guangzhou Automobile Group Co Ltd
Sector: Consumer Discretionary
Country: China
Year: 2022
Type: AR2
Pages: 366
Guangzhou Automobile Group Co Ltd
Annual Report
The report highlights GAC Group's performance in 2022, marking its 25th anniversary. The company achieved a vehicle production of 2,479,900 units and sales of 2,433,800 units, representing year-on-year increases of 15.99% and 13.50% respectively. GAC Group's self-developed brands, GAMC and GAC AION, reached record sales of 633,700 units, with GAC AION's sales surging by 125.67%. Financially, the Group recorded an aggregated sales revenue of approximately RMB 514.605 billion, up 19.74% year-on-year. Additionally, the Group accelerated its transition to intelligent connected and new energy vehicles, advancing its 'GLASS Plan' for carbon neutrality and completing GAC AION's Series A mixed-ownership reform.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees