Core Viewpoint - GAC Group has received approval from the trading association for the registration of its technology innovation bonds, indicating a strategic move to enhance its funding capabilities [1] Group 1 - The trading association issued a "Registration Acceptance Notice" for GAC Group's technology innovation bonds [1] - The registered amount for the bonds is set at 15 billion yuan, which reflects the company's commitment to innovation and development [1] - The registration validity period is two years from the date of the notice [1]

隨附之文件乃本公司於二零二五年十一月十四日在中華人民共和國上海證券交 易所網頁登載之《廣州汽車集團股份有限公司關於中期票據獲註冊的公告》，僅 供參閱。 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。 承董事會命 廣州汽車集團股份有限公司 馮興亞 董事長 A 股代码：601238 A 股简称：广汽集团 公告编号：2025-072 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 关于中期票据获注册的公告 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 ...

Core Viewpoint - GAC Group has received approval from the National Association of Financial Market Institutional Investors for the registration of its technology innovation bonds, with a total registration amount of 15 billion yuan [1] Group 1 - The registered bond type is medium-term notes [1] - The registration amount is set at 15 billion yuan [1] - The validity period for the registration is two years from the date of the notification [1]

Core Viewpoint - GAC Group has received a registration notice from the trading association, allowing the company to issue technology innovation bonds totaling 15 billion yuan, valid for two years from the date of the notice [1] Group 1 - The registered amount for the technology innovation bonds is 15 billion yuan [1] - The registration is valid for two years from the date of the notice [1] - Joint lead underwriters include 12 banks, such as China Merchants Bank and Industrial and Commercial Bank of China [1] Group 2 - The company plans to issue medium-term notes at an opportune time within the registered amount and validity period [1] - The company will fulfill its information disclosure obligations in a timely manner [1]

Core Insights - GAC Group and Alibaba Cloud signed a comprehensive AI strategic cooperation agreement on November 14 [1] - The partnership aims to leverage strengths in the automotive and AI cloud sectors to build future-oriented infrastructure for the automotive industry [1] - The collaboration will accelerate the implementation of AI across various scenarios in the automotive sector [1]

证券之星消息，11月13日南向资金减持12.12万股广汽集团（02238.HK）。近5个交易日中，获南向资金 增持的有2天，累计净增持255.68万股。近20个交易日中，获南向资金增持的有15天，累计净增持 5955.88万股。截至目前，南向资金持有广汽集团（02238.HK）16.82亿股，占公司已发行普通股的 59.8%。 广州汽车集团股份有限公司是一家主要从事汽车及相关业务的中国公司。该公司的主要业务包括研发、 整车（汽车、摩托车）、零部件、商贸与出行、能源及生态、国际化、投资与金融等业务。该公司通过 两个分部开展其业务。汽车业务及相关贸易分部包括生产及销售各种乘用车、商用车、汽车零部件及相 关贸易。其他分部主要包括生产及销售摩托车、汽车金融保险、其他金融服务及投资业务等。该公司主 要在国内外市场开展其业务。 | 交易日 | 持股总数(股) | 持股变动(股) | 变动幅度 | | --- | --- | --- | --- | | 2025-11-13 | 16.82亿 | -12.12万 | -0.01% | | 2025-11-12 | 16.83亿 | -122.40万 | -0.07% | | ...

Core Insights - GAC Group and CATL signed a comprehensive strategic cooperation agreement for a 10-year partnership, focusing on technology development, ecosystem building, and business expansion in the automotive industry [2][3] Group 1: Strategic Cooperation - The agreement aims to leverage the strengths of both companies in manufacturing, technology, resources, and market access, particularly in advanced areas like smart chassis and battery swapping [2] - The partnership will enhance the driving experience and safety standards of GAC's vehicles through the integration of CATL's advanced battery technologies [2][3] Group 2: Business Expansion - Beyond traditional battery supply, the collaboration will explore innovative business models such as battery leasing and joint station construction, promoting a "swap and go" energy service network [2][3] - This strategic move is expected to provide diverse mobility solutions for users, aligning with the growing demand for electric vehicles [2] Group 3: Industry Impact - The partnership is seen as a model for long-term cooperation in the industry, addressing challenges like technology innovation bottlenecks and supply chain stability [3][4] - The collaboration reflects the shift in the new energy sector from rapid expansion to a critical phase of transformation, emphasizing the need for upstream and downstream collaboration for higher quality development [4]

Group 1: New Energy Vehicle Sales - In the first ten months of 2023, sales of traditional fuel passenger cars were mainly concentrated in the price range of 100,000 to 150,000 yuan, with a total sales volume of 3.698 million units, a year-on-year decline of 8.6% [1] - In contrast, sales of new energy passenger cars in the price range of 100,000 to 200,000 yuan reached 5.446 million units, showing a year-on-year growth of 29.4% [1] Group 2: Market Trends and Policies - The "old-for-new" policy has had a significant positive effect, leading to a reduction in aggressive price competition and an improvement in market order [1] - The automotive industry's profit margin rebounded to 4.5% in the first nine months of 2023, indicating a stabilization in price promotions and an increase in industry scale [1] Group 3: Strategic Partnerships - CATL and GAC Group signed a 10-year strategic cooperation agreement focusing on joint research and development in smart chassis and battery swapping ecosystems [2] - The partnership aims to enhance the competitiveness of new energy vehicles and improve vehicle quality through the application of key technologies [2] Group 4: New Product Launches - SAIC-GM Wuling announced the launch of the Wuling Hongguang MINIEV four-door version with a range of 301 kilometers, priced at 55,800 yuan [3] Group 5: Corporate Leadership Changes - General Motors announced that John Roth will succeed Steve Hill as the President of GM China, effective December 1 [5] Group 6: Impact of Tariffs on Japanese Automakers - Japanese automakers reported significant declines in performance due to the U.S. tariffs on imported vehicles, with an estimated total loss of 1.5 trillion yen for the seven major manufacturers [7] - The tariffs, which began in April 2023, have led to increased costs and reduced profits for companies heavily reliant on the U.S. market [8]

Industry News - The National Development and Reform Commission expects a balanced energy supply and demand during the heating season, with national power generation capacity reaching 3.72 billion kilowatts, an increase of 560 million kilowatts year-on-year [3] - China's new energy vehicle sales exceeded 50% of total car sales for the first time in October, with production and sales of new energy vehicles reaching 13.015 million and 12.943 million units respectively from January to October, marking year-on-year growth of 33.1% and 32.7% [3] - A perovskite solar cell with a light-to-electricity conversion efficiency of 27.2% has been successfully developed, significantly enhancing operational stability and laying a foundation for industrial development [3] Company News - The China National Nuclear Corporation has established an internationally advanced quantum radioactive metrology laboratory, marking a significant advancement in quantum radioactive measurement technology in China [5] - State Grid Corporation of China released its first contribution report on implementing the Global Security Initiative, marking its third report on international platforms following previous environmental and development initiative reports [5] - Southern Power Grid has established two new centers focused on electricity market research and financial sharing, aiming to enhance high-quality development and contribute to the construction of a world-class enterprise [7] - The construction of a large-scale floating wind power demonstration project has officially started in Guangdong, marking significant progress in China's floating offshore wind power industry [7] - GAC Group and CATL signed a comprehensive strategic cooperation agreement to deepen collaboration in the new energy sector over the next decade [8] Local News - Zhejiang Province leads the nation in the issuance of green certificates for distributed renewable energy projects, promoting a transparent and collaborative green energy development environment [9] - The State Grid Qinghai Haidong Power Supply Company has completed the electrification of 37 geological disaster relocation sites, benefiting 1,176 relocated households [9] International News - Russia is preparing to transfer nuclear technology to India, indicating a new level of cooperation in the nuclear energy sector [11] - Australia has released a net-zero emissions investment guide to attract international investment for achieving its net-zero emissions goals [13]

人民财讯11月10日电，11月10日，广汽集团（601238）与宁德时代（300750）正式签署全面战略合作协 议。根据协议，广汽集团与宁德时代将开展十年长期合作，以此为基石充分发挥各自在智造、技术、资 源与市场等方面的优势，共同构建体系化生态圈与协同发展新格局。 在具体合作方面，双方将加强智能底盘、换电等领域的研发合作，助力广汽旗下乘用车品牌打造具有竞 争力的新能源汽车产品。此外，双方将在电池租赁、联合建站等业务领域开展长期深度合作。 ...