GAC GROUP(SH:601238) Xin Lang Cai Jing·2025-04-06 01:27Core Insights - GAC Group has released its 2024 annual performance report, highlighting a focus on R&D investment alongside revenue and profit figures [1] R&D Investment Summary - In 2024, GAC Group's total R&D investment amounted to 7.508 billion yuan, a decrease of 0.88 billion yuan from 8.388 billion yuan in 2023, with the R&D investment accounting for 6.97% of total revenue, an increase of 0.5 percentage points year-on-year [3] - The breakdown of R&D investment includes 1.439 billion yuan in expensed R&D and 6.069 billion yuan in capitalized R&D [3] - The decline in R&D investment is attributed to adjustments in R&D investment pace and cost reduction measures in response to market conditions [3] R&D Personnel Overview - GAC Group currently employs 7,317 R&D personnel, representing 19.1% of the total workforce [5] - The educational background of R&D personnel includes 128 doctoral researchers, 2,674 master's degree holders, 3,741 bachelor's degree holders, 508 associate degree holders, and 265 individuals with high school education or below [3][5] - Compared to 2023, the number of R&D personnel with high school education or below has increased, surpassing the number of doctoral researchers [3] Age Structure of R&D Personnel - The age distribution of R&D personnel is predominantly young, with 1,798 individuals under 30, 4,328 between 30 and 40, 1,091 between 40 and 50, 95 between 50 and 60, and 5 aged 60 and above [4][5]