Guangzhou Automobile Group (full name "Guangzhou Automobile Group Co., Ltd.") was established on June 28th, 2005. The Group owns dozens of well-known enterprises such as Guangzhou Automobile Passenger Car, Guangzhou Automobile Honda, Guangzhou Automobile Toyota (China), Guangzhou Automobile Hino, Guangzhou Automobile Parts, Guangzhou Automobile Toyota Engine, Guangzhou Automobile Trade, Guangai Company, Tongfang Global, Zhonglong Investment and Guangzhou Automobile Research Institute. The main business includes the design and manufacture of complete vehicles and parts for domestic and foreign markets, automobile sales and logistics, automobile finance, insurance and related services, with an independent and complete production, supply, sales and research and development system. In the past two years, the output value and sales revenue of Guangzhou Automobile Group have both exceeded 654.38+00 billion yuan, and the profits and taxes have each exceeded 654.38+00 billion yuan.
According to the strategic reorganization agreement reached between Guangzhou Automobile Group and Changfeng Group on May 2, 2009, Changfeng Group transferred its 15 1 0,052,703 shares (accounting for 29% of the total share capital of Changfeng Automobile) to Guangzhou Automobile Group, and Guangzhou Automobile Group became the largest shareholder.
Guangzhou Automobile Changfeng mainly deals in Cheetah and Changfeng Yangzi. Among them, Cheetah also includes: CS6, Tengfei, Black King Kong, Indiana Jones and other four models on sale; Changfeng Yangzi includes: flying bell pickup truck, flying bell SUV, flying bell pickup truck and flying bell SUV. As the first cross-regional reorganization case after the promulgation and implementation of the "Automobile Industry Adjustment and Revitalization Plan", Guangzhou Automobile Changfeng after the reorganization has taken on a brand-new image as the "leader of the Automobile Xiang Army" and attracted the attention of the industry. Guangzhou Automobile Group is a well-known large-scale automobile group in China, with rich experience in international cooperation, quality control, after-sales service and enterprise management, and its operating efficiency ranks among the top in the domestic automobile industry. Changfeng Group is a 60-year "SUV manufacturing expert", supported by Mitsubishi technology and military quality, and has a leading edge in the field of professional off-road vehicle manufacturing. Guangzhou Automobile Changfeng combines the respective advantages of Guangzhou Automobile Group and Changfeng Group, and the "aggregation effect" of this strong alliance will continue to appear.
Looking forward to the future, GAC Changfeng will adhere to the internationalization, specialization and quality route, further consolidate the advantages of SUV market segment, enter and stabilize the position of the top three in the industry, and expand into the passenger car market segment to become a comprehensive automobile manufacturer with distinctive characteristics. At the same time, GAC Changfeng will actively carry out activities in the fields of safety, environmental protection and social welfare, strive to be a responsible and courageous corporate citizen, and strive to become an enterprise that society expects to exist.