H 股代码：02238 H 股简称：广汽集团 A 股代码：601238 A 股简称：广汽集团 公告编号：临 2025-057 二、审议通过了《关于计提资产减值准备的议案》。董事会认为公司本次计提 资产减值准备符合《企业会计准则》、相关会计政策规定及公司实际情况，计提减 值准备的依据充分，能客观、公允地反映公司资产状况和经营成果，同意公司 2025 年半年度计提资产减值准备 5.26 亿元。 审议结果：同意 10 票，反对 0 票，弃权 0 票。 上述议案在提交董事会审议前已经董事会审计委员会审议通过。 三、审议通过了《关于 2025 年上半年募集资金存放与实际使用情况专项报告 的议案》。 广州汽车集团股份有限公司 第七届董事会第 9 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第七届董事会第 9 次会议于 2025 年 8 月 29 日（星 期五）上午 9:00 在广州市番禺区金山大道东 668 号 T2 一楼 102 会议室召开。 本次会议应出席会议董事 10 人，其中现场出席董事 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 10 billion RMB for the first half of the year, representing a 15% year-over-year growth[10]. - The company's operating revenue for the first half of the year was CNY 42.17 billion, a decrease of 7.95% compared to CNY 45.81 billion in the same period last year[31]. - The total revenue for the company reached approximately 1,330,922.78 million RMB, with a year-on-year increase of 88.15%[135]. - The net profit attributable to shareholders was approximately RMB -25.38 billion, a decrease of about 267.39% year-on-year[73]. - The company reported a net profit attributable to shareholders of -2.54 billion RMB for the reporting period, resulting in no profit distribution[107]. - The total comprehensive income amounted to -3,607,304,323 RMB, contrasting with 1,431,557,600 RMB in the prior year, reflecting a substantial decrease in overall performance[164]. Market and Product Development - User data indicates a rise in active users to 5 million, up 20% compared to the previous period, reflecting strong customer engagement[10]. - New product launches include the introduction of two electric vehicle models, expected to contribute an additional 2 billion RMB in sales by year-end[10]. - The group launched new models such as the GAC Trumpchi Xiangwang S7 and Aion UT, with overseas terminal sales exceeding 50,000 units in the first half of the year, expanding to 84 countries and regions[16]. - GAC Toyota's electric transformation achieved breakthroughs with the launch of the Platinum Smart 3X, which became the best-selling joint venture electric vehicle for two consecutive months[17]. - The company aims to achieve a sales target of 2 million units for its self-owned brand by 2027, focusing on technology, safety, and high-quality products[23]. Research and Development - The company is investing 1 billion RMB in R&D for new technologies, focusing on battery efficiency and autonomous driving capabilities[10]. - The company has filed over 1,600 new patent applications in the first half of 2025, bringing the total to over 22,000 patents[16]. - The company’s R&D expenses increased by 16.55% to RMB 37.89 billion compared to the previous year[74]. - Research and development expenses for the first half of 2025 were CNY 706.21 million, slightly higher than CNY 680.78 million in the same period last year[163]. Financial Management and Strategy - The board has approved a profit distribution plan, with no plans for capital increase through reserves this period[10]. - The company emphasizes the importance of risk management in its forward-looking statements, advising investors to remain cautious[10]. - The company has implemented a cash dividend plan for 2024-2026, committing to distribute no less than 10% of the annual distributable profit as cash dividends, with a cumulative payout ratio exceeding 62% for the year[102]. - A share repurchase plan has been executed with a total amount of approximately 900 million RMB, repurchasing over 300 million shares, which is 2.94% of the total shares[103]. - The company has established a three-year "Panyu Action" plan to enhance operational reform and sustainable development, focusing on integrated management across research, production, supply, sales, and finance[102]. Challenges and Risks - The overall production and sales performance of the group faced pressure due to intense market competition and rapid demand structure upgrades, leading to a strategic transformation under a "wartime state" approach[15]. - The company faces challenges including the need to enhance user insight capabilities and improve product competitiveness, as well as slow efficiency in the marketing system and insufficient cost control[98][99]. - The domestic market is entering a low to medium growth phase, with increasing competition and a decline in market share for fuel vehicles, while the penetration rate of new energy vehicles continues to rise[97]. Corporate Governance and Compliance - There are no reported instances of non-operational fund occupation by controlling shareholders, ensuring financial integrity[10]. - The company has undergone a board restructuring, electing new directors and appointing a new chairman, Feng Xingya, following the retirement of former chairman Zeng Qinghong[106]. - The company has not reported any significant changes in major contracts or guarantees during the reporting period[127]. - The company has no significant litigation or arbitration matters during the reporting period[118]. Community and Social Responsibility - The company has invested 970,000 RMB in agricultural infrastructure projects as part of its rural revitalization efforts, with a total of 16.23 million RMB donated to support poverty alleviation initiatives[110]. - The company has achieved a consumption assistance value of 16.5 million yuan in agricultural products in the first half of the year, utilizing innovative cross-industry initiatives[111]. - The company has developed 55 products under the "Love in the Car" brand, generating over 43 million yuan in output value and increasing farmers' income by over 3.4 million yuan[112].

Group 1 - GAC Group had a financing buy-in amount of 0.29 billion yuan, ranking 940th in the two markets on August 26 [1] - The financing repayment amount on the same day was 0.37 billion yuan, resulting in a net sell of 7.62 million yuan [1] - Over the last three trading days (August 22-26), GAC Group received financing buy-ins of 0.26 billion yuan, 0.53 billion yuan, and 0.29 billion yuan respectively [1] Group 2 - On August 26, the company had a securities lending sell-out of 43,400 shares, with a net sell of 30,900 shares [1]

Group 1 - GAC Group recently launched a new range extender technology called "Star Source" during the Haobo HL range extender version launch event [2] - This launch follows previous technological advancements under the "Star Spirit" brand, including intelligent technology, safety systems, and AI panoramic views [2] - The new technology addresses common issues faced by range extender vehicles, such as increased fuel consumption, power degradation, and heightened noise and vibration when battery levels are low [2] Group 2 - GAC Group has been working on range extender technology since 2010, participating in the national 863 program for the development and industrialization of range-extended electric vehicles [2] - The company launched China's first range extender sedan, the GAC Trumpchi GA5 REV, in 2014 and has since made significant advancements in powertrain and core technologies [2] - The new "Star Source" technology enhances the efficiency of the range extender, improves power response, and optimizes NVH performance, while also utilizing an AI energy control platform for better energy management [2][3] Group 3 - The industry standard for range extender fuel-to-electric conversion is approximately 3.4 kWh generated from 1 liter of fuel [3] - The "Star Source" technology aims to improve this conversion rate and reduce energy losses in the electric drive system, effectively addressing high fuel consumption during low battery conditions [3] - The first model equipped with the "Star Source" technology, the Haobo HL range extender version, has been officially launched, with plans to apply this technology to other GAC brands, including GAC Trumpchi and GAC Aion [3]

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。 隨附之文件乃本公司於二零二五年八月二十五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召開 2025 半年度業績說明會 的公告》，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，二零二五年八月二十五日 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。 H 股代码：02238 H 股简称：广汽集团 A 股代码：601238 A 股简称：广汽集团 ...

A 股代码：601238 A 股简称：广汽集团 公告编号：临 2025-056 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 关于召开 2025 半年度业绩说明会的公告 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。 重要内容提示： 会议召开时间：2025 年 9 月 2 日（星期二）11:00-12:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 8 月 26 日（星期二）至 9 月 1 日（星期一）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@gac.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 广州汽车集团股份有限公司（下称"公司"或"本公司"）将于 2025 年 8 月 29 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 20 ...

Core Viewpoint - GAC Group has experienced a net sell-off in recent trading days, indicating potential investor caution or market volatility [1] Financing Activity - On August 21, GAC Group had a financing buy amount of 0.27 billion, ranking 884th in the two markets [1] - The financing repayment amount on the same day was 0.32 billion, resulting in a net sell of 4.4644 million [1] - Over the last three trading days (August 19-21), GAC Group received financing buys of 0.20 billion, 0.45 billion, and 0.27 billion respectively [1] Securities Lending - On August 21, GAC Group had a securities lending sell of 26,500 shares, with a net buy of 19,800 shares [1]

Core Viewpoint - GAC Group has launched its new range extender technology, Star Source, alongside the Haobo HL range extender model, marking a significant technological advancement in the automotive sector for the company [1][2] Group 1: Technology and Innovation - The Star Source range extender technology aims to enhance the efficiency of range extenders, improve power response, and optimize NVH performance, utilizing an AI energy control platform for precise energy utilization [1] - GAC Group has a history of innovation in electric vehicle technology, having participated in the national 863 program for range-extended electric vehicles since 2010 and launching the GAC Trumpchi GA5 REV in 2014 [1] Group 2: Product Features - The Haobo HL range extender model features four versions with configurations for five and six seats, equipped with a 60kWh battery from CATL, offering a pure electric range of 350 km and a total range of 1369 km [2] - The vehicle supports ultra-fast charging with 800V/5C technology, allowing for a 210 km charge in just 10 minutes, and includes advanced safety features such as a mixed steel-aluminum body and NP2.0 thermal separation technology for battery safety [2] Group 3: Future Applications - The Star Source technology will be applied to new models across GAC's three major brands: Haobo, Trumpchi, and Aion, aiming to meet diverse consumer needs and enhance the green travel experience [2]

Group 1 - GAC Group has launched a new range extension technology called "Xingyuan Range Extension" to address issues such as high fuel consumption, slow acceleration, and noise in previous range extension models [1] - The first model equipped with this technology is the Haobo HL range extension version, which features a battery from CATL that allows for a pure electric range of 350 kilometers and a comprehensive range of 1369 kilometers [1] - The fuel consumption in low battery mode is only 6.7 liters, and the vehicle supports fast charging technology, enabling a recharge of 210 kilometers in just 10 minutes [1]

Core Insights - GAC Group has launched a new range extender technology called "Xingyuan," which reportedly improves efficiency, power response, and NVH performance compared to other technologies in the industry [1] - The oil-electric conversion rate of the Xingyuan range extender can reach 3.73 kWh/L, surpassing the industry standard of approximately 3.4 kWh/L [1] - The first model equipped with this technology, the Haobo HL range extender version, has been launched with a price range of 269,800 to 299,800 yuan, featuring a 60 kWh battery that allows for a pure electric range of 350 km and a total range of 1,369 km [1] Industry Context - GAC Group has been involved in the development of range extender electric vehicles since 2010, participating in the national 863 program and launching the first domestic range extender vehicle in 2014 [2] - The company has acknowledged past strategic missteps regarding the development of range extender and plug-in hybrid technologies, recognizing the persistent consumer anxiety regarding range due to insufficient charging infrastructure [2] - GAC Group plans to adjust its vehicle and technology strategy by introducing multiple range extender and plug-in hybrid models starting this year [2]