Guangzhou Automobile Group Co., Ltd. (601238.SS)

10.80 +0.11 (+1.03%) At close: 03:00PM CST

Guangzhou Automobile Group Co., Ltd.

GAC Center
No.23, Xingguo Road Zhujiang New Town Tianhe District
Guangzhou 510623
China
86 20 8315 1139
https://www.gac.com.cn

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 96,989

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Qinghong Zeng	Exec. Chairman	1.19M	N/A	1961
Mr. Xingya Feng	GM & Exec. Director	3.17M	N/A	1967
Ms. Dan Wang	CFO & Deputy Gen. Mang.	N/A	N/A	1970
Ms. Jiang Xiuyun	Chief Accountant	N/A	N/A	1969
Mr. Rui Gao	Deputy GM & Head of PR and Publicity Department	N/A	N/A	1979
Mr. Song Wu	Standing Deputy Gen. Mang.	N/A	N/A	1963
Ms. Li Sui	Sec. of the Board & Head of the Financing Bus. Department	N/A	N/A	1968
Mr. Jinpei He	Head of Department of Discipline Inspection & Supervision	N/A	N/A	1964
Mr. Zhuo Huang	Supervisor and Head of Audit Department & Risk Control Department	N/A	N/A	1981
Mr. Xianqing Ge	Deputy Gen. Mang.	N/A	N/A	1973

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CNY.

Description

Guangzhou Automobile Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others. It offers large to medium sized passenger vehicles, light and heavy trucks, construction vehicles, and energy vehicles; motorcycles comprising standard motorcycles, sport bikes, scooters, etc.; and auto-parts and components, including engines, gearboxes, car seats, micro motors, shifters, electric controllers, and interior and exterior decorations. The company also provides financial investment, insurance, insurance brokerage, financial leasing, automobile credit, and other related services; and engages in the businesses of vehicle sales, logistics, international trading, second-hand vehicles, end-of-life vehicles disassembling, resources recycling, supporting services, digitalization and mobility transportation services, etc. In addition, it offers investment management services; and engages in the trade of steel. The company was incorporated in 1997 and is headquartered in Guangzhou, the People's Republic of China. Guangzhou Automobile Group Co., Ltd. is a subsidiary of Guangzhou Automobile Industry Group Co., Ltd.

Corporate governance

Guangzhou Automobile Group Co., Ltd.’s ISS governance QualityScore as of 1 March 2023 is 5. The pillar scores are Audit: 9; Board: 5; Shareholder rights: 10; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.