Guangzhou Automobile Group was established.
Guangzhou Automobile Group Co., Ltd. was established on June 28th, 2005. The predecessor of the Group is Guangzhou Automobile Group Co., Ltd., which was established in June 1997. Headquartered in Guangzhou, China, the Group is a joint-stock company, and its business scope includes automobiles, spare parts, commerce, finance and insurance.
Sponsor of Guangzhou Automobile Group
The founders of the group include Guangzhou Automobile Industry Group Co., Ltd., China Machinery Industry Group Co., Ltd., Guangzhou Changlong Hotel Group Co., Ltd., Wanxiang Group Co., Ltd., and Zhou Iron and Steel Enterprise Group Co., Ltd., and it was officially restructured into Guangzhou Automobile Group Co., Ltd. on June 28, 2005.
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