Xin Lang Zheng Quan·2025-07-30 10:49Group 1 - The recent Fortune Global 500 list includes 130 Chinese companies, with 68 experiencing a decline in rankings, particularly in traditional manufacturing, automotive, and energy sectors [1] - GAC Group ranks 252nd this year, dropping 71 places from last year, and its position among Chinese automakers fell from 4th to 7th [1] - In 2024, GAC Group reported a sales volume of 2.0031 million units, a year-on-year decrease of 20.04%, with significant declines in joint venture brands GAC Honda and GAC Toyota, as well as its own brand GAC Aion, all down over 20% [1] Group 2 - GAC Group's revenue for 2024 was 106.798 billion yuan, a decrease of 17.05%, while net profit attributable to shareholders was 824 million yuan, down 81.4% year-on-year [1] - In the first half of 2025, GAC Group's sales continued to face pressure, with June sales at 150,075 units, a decline of 8.22%, and cumulative sales from January to June at 755,300 units, down 12.48% [1] - Specific brands within GAC Group saw varied performance in June, with GAC Honda down 12.61%, GAC Trumpchi down 12.05%, and GAC Aion down 22.60%, while GAC Toyota experienced a slight increase of 1.43% [1] Group 3 - GAC Group's chairman, Feng Xingya, acknowledged a misjudgment regarding customer concerns over range anxiety, stating that the company failed to capitalize on the rapid development of range-extended and plug-in hybrid technologies [2]