致：香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 公司名稱: 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) 呈交日期: 2026年3月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 A | | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601238 | 說明 A股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 7,383,697,595 | RMB | | 1 RMB | | 7,383,697,595 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 7,383,697,595 | RMB | | 1 RMB | | 7,383,697,595 | ...

Group 1: Autonomous Driving Development - The core viewpoint emphasizes the need for accelerating the improvement of laws and regulations related to autonomous driving, and establishing a unified national standard and evaluation system to support the large-scale implementation of autonomous vehicles in China [1][3] - GAC Group has developed L4-level mass production capabilities and commercial operation results through a comprehensive strategy of "self-research + ecological cooperation + platform operation," collaborating with companies like WeRide and Didi to promote the deployment of Robotaxi and Robobus [4] - GAC Aion and Didi have jointly launched the new generation Robotaxi—R2, with over 300 Robotaxis currently in operation across cities like Guangzhou and Shenzhen, and plans to expand to 100 core cities with a fleet of over 10,000 Robotaxis in the next five years [4] Group 2: Battery Swapping and Energy Solutions - With the increasing penetration and ownership of new energy vehicles, battery swapping has emerged as a new challenge, and GAC Group suggests accelerating the establishment of a unified battery swapping standard and enhancing operational subsidies for swapping stations [5] - The proposal includes a comprehensive layout of the battery swapping network and the establishment of a vehicle-battery separation system to promote the scale effect of battery swapping [5] Group 3: Low-altitude Economy Development - The low-altitude economy is identified as a strategic emerging industry, with GAC Group advocating for a high-quality development approach through planning, regulatory standards, and application scenario expansion [6][7] - GAC Group is advancing the industrialization of low-altitude economy technologies, with its flying car brand GOVY planning to launch its first model in March 2023 and has received nearly 2,000 customer orders for its flying vehicles [7] Group 4: Enhancing International Competitiveness - GAC Group has maintained its position as the world's largest automobile exporter for three consecutive years, and it is crucial to accelerate the internationalization of industry standards to enhance competitiveness [8] - The company has expanded its global channels to 650, covering 86 countries and regions, and plans to innovate in product development and operational methods to support its transition from a major exporter to a strong automotive nation [8]

Group 1: Autonomous Driving Development - The core viewpoint emphasizes the need for accelerating the improvement of laws and regulations related to autonomous driving, and establishing a unified national standard and evaluation system to support the large-scale implementation of autonomous vehicles in China [1][2] - GAC Group has developed L4-level mass production capabilities and commercial operation results through a comprehensive strategy of "self-research + ecological cooperation + platform operation," collaborating with companies like WeRide and Didi to promote the deployment of Robotaxi and Robobus [3] - GAC's Robotaxi service has over 300 vehicles operating in cities like Guangzhou and Shenzhen, with plans to expand to 100 core cities and build a fleet of over 10,000 Robotaxis in the next five years [3] Group 2: Battery Swapping and Energy Solutions - With the increasing penetration and ownership of new energy vehicles, battery swapping has emerged as a new challenge, and GAC suggests accelerating the establishment of national battery swapping standards and enhancing operational subsidies for swapping stations [4] - The proposal includes a comprehensive layout of the battery swapping network and the establishment of a framework for vehicle-battery separation to promote the scale effect of battery swapping [4] Group 3: Low-altitude Economy Development - The low-altitude economy is identified as a strategic emerging industry, with GAC proposing a four-pronged approach to promote its high-quality development, including planning, regulatory standards, supervision mechanisms, and application scenarios [5] - GAC's flying car brand, GOVY, has established a factory in Guangzhou and plans to launch its first model, GOVY AirJet, in March 2024, with significant customer interest in its GOVY AirCab model [6] Group 4: Enhancing International Competitiveness - GAC highlights the importance of accelerating the transition from scale expansion to high-quality development in China's automotive exports, advocating for the establishment of a compliance service system for overseas markets and aligning domestic standards with international ones [7] - As of now, GAC has expanded its global channels to 650, covering 86 countries and regions, and plans to innovate in product development and operational methods while addressing the travel needs of the elderly through inclusive service models [8]

Core Viewpoint - The article emphasizes the need to accelerate the improvement of rural charging networks and enhance after-sales service points, while also strengthening talent and equipment support to fully unleash the consumption potential of new energy vehicles in rural areas [1] Group 1: Rural New Energy Vehicle Development - Accelerate the establishment of a rural charging network and promote the decentralization of after-sales service points [1] - Optimize fiscal and financial support to maximize the consumption potential of rural new energy vehicles [1] Group 2: Battery Swapping and Hydrogen Fuel Cell Standards - Accelerate the construction of a unified national standard for battery swapping models and strengthen operational subsidies and resource guarantees [1] - Improve the 70MPa hydrogen refueling standards and regulatory framework to provide necessary institutional support for the hydrogen fuel cell vehicle industry [1] Group 3: International Standards and Compliance - Accelerate the establishment of a compliant service system for overseas expansion, promoting alignment of domestic standards with international ones [1] - Strengthen the coordination and unification of standards among domestic enterprises to enhance the quality and efficiency of automobile exports [1] Group 4: Aging Population and Accessibility - Accelerate the digital application adaptation for the elderly and improve artificial safety net services [1] - Promote the upgrade of barrier-free facilities and transportation tools to cater to the aging population [1] Group 5: Autonomous Driving and Low-altitude Economy - Accelerate the improvement of laws and regulations related to autonomous driving, establishing a unified national standard and evaluation system [1] - Strengthen the planning and coordination of the low-altitude economy to expand commercial application scenarios [1]

Group 1: Automotive Industry Development - The core suggestions from the chairman of GAC Group focus on high-quality development in the automotive industry, emphasizing new energy vehicle (NEV) battery swapping, autonomous driving, and the construction of Chinese automotive brands [2][3] - The battery swapping model is entering its initial stage of large-scale development, with recommendations to accelerate the establishment of a unified national battery swapping standard and enhance operational subsidies for swapping stations [2] - The autonomous driving industry in China is moving towards large-scale application, with calls to improve relevant laws and regulations, and to create a unified national standard and evaluation system to support the rapid development of smart driving technology [3] Group 2: Low-altitude Economy - The low-altitude economy in China has a market size exceeding 600 billion yuan, but it is still in its early stages of development [4] - Suggestions to promote high-quality development in the low-altitude economy include strengthening planning, establishing a "14th Five-Year" development plan, and creating a low-altitude airspace network [4] - Recommendations also include improving regulatory mechanisms and expanding application scenarios in logistics, medical emergencies, and urban transportation to foster sustainable business models [4] Group 3: Rural and Elderly Mobility - The potential for rural new energy vehicle markets is significant, but there are deficiencies in infrastructure; suggestions include enhancing charging and swapping networks and increasing support for rural automotive consumption [5] - Addressing the travel needs of the elderly population, which numbers 323 million, recommendations include implementing a "digital inclusion + human support" travel service model and optimizing travel applications for elderly users [5]

Group 1 - The core focus is on boosting the development of the rural electric vehicle (EV) market, promoting battery swapping for EVs, and enhancing the international competitiveness of China's EV exports [1] Group 2 - The disparity between the market share of EVs in rural and urban areas is significant, indicating a vast potential in the rural EV market. Recommendations include improving the rural charging network, enhancing after-sales service, and optimizing financial support to unlock rural EV consumption potential [1] Group 3 - Regarding the development of the battery swapping model, it is highlighted that this model offers efficient energy replenishment. Suggestions include establishing a unified national standard, enhancing operational subsidies, and coordinating the layout of the battery swapping network to support high-quality development of the industry [1] Group 4 - On the topic of EV exports, it is noted that China's automotive export scale remains globally leading and is entering a new phase of high-quality development. Recommendations include establishing a compliance service system for exports, aligning domestic standards with international ones, and fostering collaboration among domestic enterprises to enhance global competitiveness [1]

Group 1: Low Altitude Economy Development - The low altitude economy in China has foundational conditions and resource support but is still in its early stages, suggesting the need for a "14th Five-Year" plan and a digital airspace map [2] - Recommendations include strengthening planning coordination, establishing a low altitude air route network, and creating low altitude corridors in urban clusters like the Yangtze River Delta and Guangdong-Hong Kong-Macau [2] - The proposal emphasizes the need for improved regulations and standards, including airspace management and flight safety, to support regional integration through innovative bilateral sandbox systems [2] - A regulatory mechanism is suggested to establish a collaborative platform among military, civil aviation, and ground sectors, utilizing technologies like digital twins and AI for smart regulation [2] - Encouragement for local governments to open application scenarios in logistics, medical emergencies, and urban transportation, along with supportive policies to reduce pilot project costs [2] Group 2: Automotive Export Development - The proposal addresses the challenges of varying global standards that increase compliance costs and the weak international voice of domestic standards, advocating for a compliance service system for exports [3] - It suggests aligning Chinese standards with international norms and enhancing the coordination and unification of domestic enterprise standards to accelerate the transformation of technological advantages into export competitiveness [3] - The aim is to facilitate China's transition from being an "exporting country" to becoming a "global industry leader" through collaborative industry efforts [3]

Group 1 - The core viewpoint of the article emphasizes the need for a structured development plan for China's low-altitude economy, suggesting the creation of a "14th Five-Year" plan and a digital airspace map to enhance infrastructure in key urban areas like the Yangtze River Delta and Guangdong-Hong Kong-Macau [3][4]. Group 2 - To promote high-quality development of the low-altitude economy, the company recommends strengthening planning coordination, establishing a comprehensive low-altitude air route network, and creating low-altitude corridors in major urban clusters [4]. - The company suggests improving regulatory standards by enhancing airspace management, flight safety, and cross-border data regulations, while supporting innovative regulatory frameworks in the Guangdong-Hong Kong-Macau region [5]. - A recommendation is made to establish a collaborative platform for military and civil aviation, implementing risk-based regulatory measures and utilizing technologies like digital twins and artificial intelligence for smart regulation [6]. - The company encourages local governments to open application scenarios in logistics, medical emergencies, and urban transportation, proposing supportive policies to reduce pilot costs and create benchmark projects for sustainable business models [7]. Group 3 - In a separate suggestion regarding the automotive industry, the company highlights the challenges posed by varying global standards that increase compliance costs and the weak international influence of domestic standards [7]. - The company proposes building an outbound compliance service system, aligning Chinese standards with international norms, and enhancing the coordination of domestic enterprise standards to accelerate the transformation of technological advantages into export competitiveness [7].

Group 1 - The core focus of GAC Group's chairman, Feng Xingya, includes "high-quality industrial development, global automotive layout, and social welfare" to promote the high-quality development of the automotive industry and build a strong automotive nation [1] - In the energy ecosystem, there is a proposal to improve rural charging and battery swapping networks and promote the high-quality development of battery swapping models to address energy supply bottlenecks [3] - The penetration rate and ownership of new energy vehicles are increasing, making charging efficiency and safety essential for development. The battery swapping model is entering a phase of scale development, and there is a call to establish a unified national standard for battery swapping [4] Group 2 - The potential of the rural new energy vehicle market is significant, and there is a suggestion to enhance the rural energy supply network, improve after-sales service points, and optimize financial support to fully unleash consumption potential [4] - The automatic driving sector is seen as a strategic high ground in the new technological revolution and industrial competition, with a recommendation to accelerate the establishment of relevant laws and regulations and a unified national standard for automatic driving [4]

Group 1 - The 2026 National Two Sessions will open on March 5 in Beijing, with GAC Group's Chairman Feng Xingya attending to propose suggestions for the high-quality development of the automotive industry and the construction of a strong automotive nation [1] - GAC Group is focusing on the rural new energy market as a core engine for the green transformation of China's automotive industry, driven by the national "Rural Revitalization" strategy and the comprehensive rollout of new energy vehicles in rural areas [2][5] - GAC Group's comprehensive sales service center in Zhaoqing, Siwei, is a strategic location for the company to penetrate county-level markets, addressing consumer preferences and operational challenges through direct engagement with sales staff and customers [5][7] Group 2 - GAC Group has launched a comprehensive sales service center model to efficiently connect with end-users in county markets, facilitating a "one-stop comparison and purchase" experience for consumers [5][10] - The company plans to add 600 full-brand experience stores by mid-2026, aiming for over 90% coverage of county markets, enhancing access to quality products and services for more users [10] - GAC is developing a complete "26 Energy Action" ecosystem service system, with over 24,000 self-operated charging piles by the end of 2025, leading in the number of DC fast charging stations among Chinese automakers [10][12]