Guangzhou Automobile Group Co., Ltd.

Guangzhou Automobile Group Co., Ltd. (hereinafter "GAC") is integrally converted into a joint stock company from the former limited liability company on June 28th, 2005. It was initiated by Guangzhou Automobile Industry Group Co., Ltd., Wanxiang Group Corporation, China National Machinery Industry Corporation, Guangzhou Iron & Steel Enterprises Group and Guangzhou Chime-Long Hotel Co., Ltd.
GAC's equity participation is as below: Guangzhou Automobile Industry Group Co., Ltd. holds 3,217,403,529 shares, which account for 91.9346% of the total shareholding equity, Wanxiang Group Corporation holds 139,636,656 shares, which account for 3.99%, China National Machinery Industry Corporation holds 129,169,156 shares, which account for 3.6909%, Guangzhou Iron & Steel Enterprises Group holds 6,999,331 shares, which account for 0.2%, Guangzhou Chime-Long Hotel Co., Ltd. holds 6,456,883 shares, which account for 0.1845%. Among them, Wanxiang Group Corporation is one of the l... [Details]