Group 1 - The core viewpoint of the news is the appointment of a new management team at GAC Group, which aims to enhance organizational vitality and drive the company's transformation into a "new GAC" through innovative talent mechanisms [1][2]. - GAC Group has appointed He Xianqing as General Manager and Wang Dan as Chief Accountant, along with several Vice General Managers, as part of a market-oriented selection process [1]. - The company has implemented a performance-oriented compensation incentive mechanism and a tiered exit mechanism based on assessment results, enhancing its corporate governance [1][2]. Group 2 - GAC Group is undergoing a significant transformation in the global automotive industry, focusing on electrification, intelligence, and connectivity, with the launch of the "Panyu Action" initiative in November 2024 [2]. - The new management team is a key outcome of the "Panyu Action," which aims to attract high-level talent and promote a diverse and high-level talent ecosystem [2][3]. - GAC Group's recruitment efforts have successfully attracted top talents from well-known automotive brands, contributing to the continuous upgrade of its talent structure and cross-industry integration [2][3].

人民财讯11月16日电，广汽集团（601238）11月16日公告称，公司董事会11月16日以通讯方式召开，审 议通过《关于聘任公司总经理的议案》。冯兴亚不再兼任公司总经理，仍担任公司董事长及董事会战略 委员会主任委员。聘任閤先庆为公司总经理，任期与本届董事会一致。 ...

新京报贝壳财经讯（记者张冰）11月16日，广汽集团发布公告称，冯兴亚不再兼任公司总经理，仍担任 公司董事长及董事会战略委员会主任委员；董事会同意聘任閤先庆为总经理，聘任王丹为总会计师（财 务负责人），聘任高锐、江秀云、郑衡、黄永强、陈家才为副总经理。 新京报贝壳财经记者梳理发现，新一届职业经理人团队职责覆盖产品管理、研发技术、制造供应、品牌 营销、国际化、战略发展及人力资源等核心业务链；而且值得注意的是，本轮职业经理人团队中也引入 了外部人才，陈家才正式加盟广汽集团，负责广汽海外业务。 编辑 杨娟娟 校对 卢茜 公开资料显示，陈家才曾任赛力斯汽车集团海外BU轮值总裁、集团EMT成员，奇瑞汽车捷途国际公司 总经理，奇瑞商用车国际公司总经理，奇瑞汽车河南有限公司管理部部长。 2024年11月，广汽集团启动了为期三年的"番禺行动"，对自主品牌从战略管控模式向更具实效性的经营 管控模式转型。在转型过程中，广汽重塑了流程、重构了组织，并通过完善人才培养体系、优化激励机 制等方式激活人才动能。2025年以来，广汽集团面向社会开放了多个中高端核心岗位。 ...

北京商报讯（记者 刘晓梦）11月16日，广汽集团新一届职业经理人选聘结果正式公布，经严格的市场 化遴选与组织考察，广汽集团正式聘任閤先庆为总经理、王丹为总会计师，高锐、江秀云、郑衡、黄永 强、陈家才为副总经理。 ...

Investment Rating - The report maintains a positive investment recommendation for the automotive sector, anticipating a recovery in the market next year [1]. Core Insights - The automotive market is currently experiencing a downturn, with Q4 expectations falling short due to the impact of trade-in quotas. However, there is optimism for an upward revision in Q1 2026, suggesting that the sector may hit bottom sooner than expected. Despite the current sluggish trading environment, selective investment opportunities for next year are encouraged [1]. Data Tracking - In early November, the discount rate for vehicles increased to 10.0%, up by 0.4 percentage points month-on-month and 1.5 percentage points year-on-year. The average discount amount rose by 23,103 yuan, with significant fluctuations noted among major brands [3]. - In October, new energy vehicle deliveries saw significant growth, with BYD delivering 442,000 units (down 12.1% year-on-year but up 11.5% month-on-month), while other brands like Leap Motor and Xpeng reported substantial year-on-year increases [3][21]. - Traditional automakers also showed strong sales, with Geely's sales increasing by 35.0% year-on-year to 307,000 units in October [3][24]. Recommendations - For complete vehicles, the report recommends investing in Geely and BYD, highlighting Geely's upcoming product cycle and potential for significant profit increases in the next 6-9 months. The report also suggests considering Jianghuai Automobile due to its strong product cycle and recent stock price corrections [5]. - In the automotive parts sector, the report identifies AI and intelligent driving as key areas for growth, recommending companies like Horizon Robotics and Sensetime Technology. It also highlights opportunities in liquid cooling and robotics, suggesting investments in companies like Minth Group and Top Group [5]. - The heavy truck segment is noted for its strong performance in recent months, with recommendations for companies like China National Heavy Duty Truck Group and Weichai Power [5]. Industry News - In October, new energy vehicles accounted for over 50% of total new car sales for the first time, with production and sales figures for the year showing over 10% growth [8][31]. - The report mentions the launch of new models, including the IM LS9, which features advanced technology and significant performance metrics [31]. - The Ministry of Industry and Information Technology has set new requirements for new energy vehicle credit ratios for 2026 and 2027, indicating a regulatory push towards electric vehicles [31].

董事会同时宣布，经董事会会议审议通过，本公司副总经理閤先庆先生(閤先生)获选举为新任总经理， 自本公告日期起生效。 广汽集团（601238）(02238)发布公告，本公司于2025年11月16日召开本公司第七届董事会(董事会)第十 三次会议，审议通过了《关于聘任公司总经理的议案》，据此冯兴亚先生(冯先生)因工作分工不再兼任 本公司总经理职务。冯先生仍继续担任本公司董事长及董事会战略委员会主任委员职务。 ...

Core Viewpoint - GAC Group announced the appointment of a new general manager, with the current general manager stepping down due to work reallocation, while retaining his position as chairman [1] Group 1: Management Changes - GAC Group's board of directors will hold its 13th meeting of the seventh session on November 16, 2025, to discuss the appointment of a new general manager [1] - Mr. Feng Xingya will no longer serve as the general manager but will continue as chairman and head of the board's strategic committee [1] - Mr. He Xianqing has been elected as the new general manager, effective from the date of the announcement [1]

据广汽集团官微消息，11月16日，广汽集团新一届职业经理人选聘结果正式公布。经严格的市场化遴选 与组织考察，广汽集团正式聘任閤先庆为总经理、王丹为总会计师，高锐、江秀云、郑衡、黄永强、陈 家才为副总经理。 ...

格隆汇11月16日丨广汽集团(02238.HK)发布公告，集团于2025年11月16日召开董事会第十三次会议，审 议通过了《关于聘任公司总经理的议案》，据此冯兴亚因工作分工不再兼任公司总经理职务，其仍继续 担任董事长及董事会战略委员会主任委员职务。经董事会会议审议通过，公司副总经理合先庆获选举为 新任总经理，自本公告日期起生效。 ...

每经记者｜孙磊 每经编辑｜余婷婷 11月16日，广汽集团发布公告称，公司董事会于11月16日以通讯方式召开，共有10名董事参与表决，会议审议通过了《关于聘任公司总经理的议案》。 具体而言，冯兴亚不再兼任公司总经理，仍担任公司董事长及董事会战略委员会主任委员。董事会同意聘任閤先庆为公司总经理，任期与本届董事会一致。 此外，会议还审议通过了《关于聘任公司总会计师及副总经理的议案》，同意聘任王丹为总会计师（财务负责人），同意聘任高锐、江秀云、郑衡、黄永 强、陈家才为副总经理，任期与本届董事会一致。 閤先庆 图片来源：企业供图 对于上述的调整，一位接近广汽集团的人士告诉《每日经济新闻》记者："新一届职业经理人团队职责全面覆盖产品管理、研发技术、制造供应、品牌营 销、国际化、战略发展及人力资源等核心业务链。""本轮职业经理人团队中还引入了外部人才，陈家才正式加盟广汽集团，将负责广汽海外业务。"该人士 还透露，"此次职业经理人团队的重组，是番禺行动人才机制改革的一项成果。" ...