Core Viewpoint - GAC Group announces a leadership change, with Feng Xingya stepping down as General Manager while remaining Chairman, and the appointment of He Xianqing as the new General Manager, indicating a strategic shift towards a market-oriented management approach [1] Management Changes - Feng Xingya will continue as Chairman and Chairman of the Board's Strategic Committee, while He Xianqing is appointed as General Manager and Wang Dan as Chief Accountant [1] - The new management team includes five Vice General Managers: Gao Rui, Jiang Xiuyun, Zheng Heng, Huang Yongqiang, and Chen Jiacai [1] Strategic Direction - The company emphasizes a new hiring mechanism characterized by "market-oriented selection, contractual management, differentiated compensation, and market-oriented exit," aiming to attract talent from both internal and external sources [1] - Feng believes this new team, which is strategic, operationally skilled, and innovative, will accelerate the transformation of GAC Group into a "new GAC," setting a new benchmark for the transformation of the Chinese automotive industry [1]