Overall Situation of Automobile Exports - In 2025, China's automobile manufacturers are expected to export a total of 7.1 million vehicles, representing a year-on-year growth of 21%, maintaining the position as the world's largest automobile exporter [1] - The export growth is characterized by an increase in both volume and value, with a significant enhancement in product added value [1] Export Growth Drivers - Passenger vehicles have become the core engine of export growth, significantly outpacing the growth of bus exports [2] - The main export destinations remain Europe, ASEAN, and South America, with a notable performance in countries along the "Belt and Road" initiative [2] Structure of Exporting Enterprises - The structure of automobile export enterprises has undergone significant changes, with a trend of increased concentration among leading companies, the rise of private enterprises, and a reduction in the market share of foreign-funded enterprises [4] - Domestic brands have shown remarkable performance, with their export share increasing from 22% in 2024 to 24% in 2025 [4] Performance of Major Automobile Groups - BYD leads the industry with an export volume of 1.05 million new energy vehicles, particularly excelling in high-end markets such as Europe and Japan [5] - SAIC Group exported 950,000 vehicles, leveraging its joint ventures and domestic brands to maintain a leading position in ASEAN and South American markets [5] Export Performance of Different Types of Enterprises - Different types of automobile enterprises show varied export performance, with leading companies demonstrating strong results [7] - New energy vehicle companies like BYD, Leap Motor, and Xpeng have seen significant year-on-year growth in export volumes [8] Challenges and Recommendations - The industry faces challenges such as overseas trade barriers, supply chain risks, and intensified global market competition [1] - Companies are advised to increase investment in core technology research and development, optimize export products, and strengthen localized production and services to enhance global supply chain influence [1]

Core Viewpoint - GAC Group is undergoing significant organizational reforms with the establishment of the new "Pangu Action" initiative, marking the completion of its autonomous brand restructuring and the formation of a "dual BU + independent brand" collaborative development model [1][2]. Group 1: Establishment of the New BU - The establishment of the new Trumpchi Business Unit (BU) on January 16 follows the formation of the Haobo Aian BU, indicating a strategic shift towards integrated operations and unified command across the value chain [1][2]. - The core objective of the Trumpchi BU is to break down internal barriers, enhance decision-making efficiency, and improve market responsiveness, ensuring precise resource allocation and effective collaboration [2]. Group 2: Leadership Team - The new leadership team for the Trumpchi BU has been confirmed, with Huang Jian as President, and Li An and Wang Yu as Vice Presidents, all of whom are seasoned professionals within GAC [3][4]. - Huang Jian, with 28 years of experience in the automotive industry, has a strong background in strategic planning and management, making him a suitable leader for the Trumpchi product line [3]. - Li An will focus on sales and service, leveraging his experience in optimizing sales channels to enhance execution efficiency [3]. - Wang Yu, with expertise in product development and supply chain innovation, will drive product quality improvements to meet the demands of the new energy market [4]. Group 3: Product Planning - The Trumpchi BU has outlined plans to launch nine new or significantly updated models this year, indicating a proactive approach to product development [5].

Group 1: New Energy Vehicle Battery Recycling Regulations - The Ministry of Industry and Information Technology and five other departments have jointly released interim measures for the recycling and comprehensive utilization of used power batteries from new energy vehicles, effective from April 1, 2026 [1] - The regulations emphasize "full-channel, full-chain, and full-lifecycle" management, requiring that each power battery has a digital identity to prevent the loss of used batteries [1] - A national information platform for tracking the lifecycle of new energy vehicle batteries will be established, enhancing monitoring through digital technology [1] Group 2: Automotive Industry Developments - GAC Group has officially established the "Trumpchi Business Unit" as of January 16, 2026 [2] - JAC Motors has projected a net loss of 1.68 billion yuan for 2025, impacted by increasing competition in the international automotive market and losses from its joint venture with Volkswagen Anhui [3] - Ford China has responded to rumors of negotiations with BYD, stating that it engages in discussions with various companies across multiple business areas [3] - Huawei's Smart Car Solutions BU CEO announced that over 80 models are expected to feature Huawei's ADS by 2026, with a cumulative total of around 3 million vehicles [3] Group 3: Market Performance and Challenges - Porsche has reported a 10% decline in global deliveries for 2025, totaling 279,449 vehicles, with significant drops in the European market due to supply shortages linked to EU cybersecurity regulations [6] - Stellantis Group has ruled out the possibility of closing factories in Europe in 2026, emphasizing the need for greater flexibility in EU carbon emission regulations to support the local automotive industry [7] - Stellantis is expected to announce a new strategic plan by the end of the first half of this year [8]

A股代码：601238 A股简称：广汽集团 公告编号：2026-005 H股代码：02238 H股简称：广汽集团 广州汽车集团股份有限公司 第七届董事会第18次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 广州汽车集团股份有限公司（简称"本公司"或"公司"）第七届董事会第18次会议于2026年1月16日(星期 五)以通讯方式召开。本次会议应参与表决董事10人，实际参与表决董事10人。本次会议的召集、召开 符合《中华人民共和国公司法》《广州汽车集团股份有限公司章程》《广州汽车集团股份有限公司董事 会议事规则》的相关规定，所做决议合法有效。经与会董事投票表决，会议审议通过了如下事项： 一、审议通过了《关于第四期股票期权激励计划第二个行权期期权注销的议案》。 因业绩条件不满足，公司《第四期股票期权激励计划》第2个行权期的股票期权全部注销（注销数量为 93,382,160股）。 表决结果：冯兴亚董事、邓蕾董事作为激励计划的受益人，回避表决；经其他8名非关联董事表决，同 意8票，反对0票，弃权0票。 本议案在提交董事会审 ...

（文章来源：证券日报） 证券日报网讯 1月16日，广汽集团发布公告称，公司第七届董事会第18次会议审议通过《关于第四期股 票期权激励计划第二个行权期期权注销的议案》《关于修订的议案》。 ...

Group 1 - GAC Group has officially established a new business unit (BU) for the Trumpchi brand, following the establishment of the Haobo Aian BU, aimed at revitalizing the Trumpchi brand [1] - The new leadership team for the Trumpchi BU includes President Huang Jian and Vice Presidents Li An and Wang Yu, all of whom are key figures within the GAC Group with expertise in different critical areas [1]

Core Viewpoint - The event in Auckland marks the launch of GAC's New Zealand brand, highlighting the growing demand for electric vehicles and the collaboration between China and New Zealand in the field of sustainable transportation [1] Group 1: Industry Insights - China is the world's largest producer and exporter of new energy vehicles, providing high-quality and affordable electric vehicle models to global markets [1] - The demand for technological innovation and green products among New Zealand consumers is increasing, presenting a favorable market opportunity for Chinese new energy vehicle brands, including GAC Group [1] Group 2: Company Developments - GAC Group aims to adhere to an open and win-win development philosophy, offering New Zealand consumers more high-cost performance products and services [1] - The arrival of GAC in New Zealand is expected to enhance consumer choices and contribute to sustainable transportation, while also driving economic development in the region [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內容而 引致的任何損失承擔任何責任。 GUANGZHOU AUTOMOBILE GROUP CO., LTD. 廣州汽車集團股份有限公司 ( 於中華人民共和國註冊成立的股份有限公司 ) (股份編號: 2238) 海外監管公告 本公告乃廣州汽車集團股份有限公司（「本公司」）按香港聯合交易所有限公司證券上市規 則第 13.10B 條發出。 以下文件乃本公司於二零二六年一月十六日在中華人民共和國上海證券交易所網頁登載， 僅供參閱。 承董事會命 廣州汽車集團股份有限公司 馮興亞 董事長 中國廣州，二零二六年一月十六日 於本公告日期，本公司的執行董事為馮興亞，本公司的非執行董事為陳小沐、鄧蕾、周開荃、 王亦偉及洪素麗，以及本公司的獨立非執行董事為趙福全、肖勝方、王克勤及宋鐵波。 1. 《廣州汽車集團股份有限公司第七屆董事會第 18 次會議決議公告》 2. 《廣州汽車集團股份有限公司關於第四期股票期權激勵計劃第 2 個行權期期權 註銷的公告》 3. 《 ...

| 广汽集团《第四期股票期权激励计划》 | | --- | | 第2个行权期股票期权注销人员名单 | | 464 | 张奇洲 | 1235 | 刘振坚 | 2006 | 许睿奇 | 2777 | 郭俏丽 | | --- | --- | --- | --- | --- | --- | --- | --- | | 465 | 张伟锋 | 1236 | 李雄 | 2007 | 蔡志鸿 | 2778 | 李晟 | | 466 | 昝磊 | 1237 | 刘穗中 | 2008 | 林佳娜 | 2779 | 汪华 | | 467 | 陈麒麟 | 1238 | 莫艺涛 | 2009 | 谢海和 | 2780 | 王宇 | | 468 | 肖一渊 | 1239 | 谢天 | 2010 | 张煜林 | 2781 | LI JIXUAN | | 469 | 欧阳俊 | 1240 | 蔡长伟 | 2011 | 梁非 | 2782 | 洪锦平 | | 470 | 张少雄 | 1241 | 郑泽伟 | 2012 | 欧阳思 | 2783 | 李素风 | | 471 | 凌晓明 | 1242 | 甘永波 | 2013 | 李志宏 | 2 ...

| A股代码：601238 | A股简称：广汽集团 | 公告编号：2026-006 | | --- | --- | --- | | H股代码：02238 | 股简称：广汽集团 H | | 广州汽车集团股份有限公司 关于第四期股票期权激励计划第 2 个行权期期权注销的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 广州汽车集团股份有限公司（下称"本公司"或"公司"）第七届董事会第 18 次会议于 2026 年 1 月 16 日(星期五)以通讯方式召开，审议通过《关于第四 期股票期权激励计划第二个行权期期权注销的议案》，会议同意因业绩条件不满 足对《第四期股票期权激励计划》第 2 个行权期的股票期权进行注销。具体如下： 一、《第四期股票期权激励计划》第 2 个行权期注销数量 （一）因公司经营业绩未满足《第四期股票期权激励计划》第 2 个行权期的 行权条件，激励对象获授的股票期权需注销。具体如下： | 激励 方式 | 代码 | | 人数 -人 | 授予数量-股 | 注销数量-股 | 剩余数量-股 | 备注 | | --- | ...