Jing Ji Guan Cha Wang·2026-01-07 11:37Core Viewpoint - GAC Group (601238) reported a total sales volume of 1.8135 million vehicles for the year 2025, with a significant increase in fourth-quarter sales, indicating a positive growth trend in the company's performance [1] Group 1: Sales Performance - The total sales volume for GAC Group in 2025 reached 1.8135 million vehicles, with fourth-quarter sales exceeding 537,800 units, reflecting a quarter-on-quarter increase of 25.56% [1] - The overseas sales of GAC's self-owned brands approached 130,000 units, marking a year-on-year growth of 47% [1] Group 2: Management and Structural Changes - A new professional management team for GAC Group officially took office in November 2025 [1] - In December 2025, the company initiated a reform of its self-owned brand business units (BUs), with the Haobo Aian BU already established and channel integration underway, while the Trumpchi BU is in preparation for launch [1] Group 3: Operational Efficiency - Since the beginning of 2025, GAC's "Panyu Action" integration reform has made significant progress, including reducing the new vehicle development cycle to 18-21 months and lowering R&D costs by over 10% [1] - Overall business efficiency has improved by approximately 50% as a result of these reforms [1]