Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 12:28 PM ET

Automobiles

Company Overview of Guangzhou Automobile Group Co., Ltd.

Company Overview

Guangzhou Automobile Group Co., Ltd., together with its subsidiaries, engages in the research, design, development, manufacture, and sale of passenger and commercial vehicles, motorcycles, engines, and auto parts in Mainland China and Hong Kong. The company provides light and heavy trucks, construction vehicles, energy vehicles, and pickups; motorcycles comprising standard motorcycles, sport bikes, scooters, etc.; and auto-parts, including engines, gearboxes, car seats, HVAC systems, auto lamps, redirectors, shock absorbers, and accessories. It is also involved in automobile leasing activities; the import and export of automobile related products; automobile disassembling and automobile cred...

Chengyue Building

23rd Floor

448-458 Dong Feng Zhong Road

Yuexiu District

Guangzhou,  510030

China

Founded in 1997

Phone:

86 20 8315 1139

Fax:

86 20 8315 0335

Key Executives for Guangzhou Automobile Group Co., Ltd.

Vice Chairman, General Manager and Member of Strategy Committee
Age: 54
Total Annual Compensation: $1.4M
Deputy General Manager, Company Secretary and Executive Director
Age: 50
Total Annual Compensation: $1.2M
Vice Chairman and Member of Strategy Committee
Age: 57
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2014.

Guangzhou Automobile Group Co., Ltd. Key Developments

Guangzhou Automobile Group To Sell Stake In Changfeng Liebao Automobile

Guangzhou Automobile Group Co., Ltd. (SEHK:2238) held the 15th session of the 4th directorate meeting on January 21, 2016, which discussed and approved the "Proposal of A2A Project of Guangzhou Automobile Group Motor Co., Ltd, the "Proposal of GAC Motor Transferring 10% of Equity of Changfeng Liebao Automobile Co., Ltd." and the "Proposal of Continuous Connected Transactions”.

Guangzhou Automobile Group Co., Ltd., Board Meeting, Jan 21, 2016

Guangzhou Automobile Group Co., Ltd., Board Meeting, Jan 21, 2016. Agenda: To discuss and approve the proposal of A2A Project of GAC Motor Co., Ltd. ; to consider the proposal of GAC Motor transferring 10% of equity of Changfeng Liebao Automobile Co., Ltd.; and to the consider proposal of continuous connected transactions (2016-2018).

Guangzhou Automobile Group Co., Ltd. Provides Earnings Guidance for the Full Year Ended December 31, 2015

Guangzhou Automobile Group Co., Ltd. provided earnings guidance for the full year ended December 31, 2015. Based on the preliminary estimations of the financial department of the company, the net profit realized and attributable to its shareholders in the year ended December 31, 2015 is expected to increase by 20% to 45%, compared with the same period last year. The company realized net profit attributable to the shareholders of the company of RMB 3,185,890,686 or RMB 0.50 per share in the same period in the last year. Main reason for the estimated increase of results during the period is: in 2015, the core business of the company has a stable development by actively introducing new products and implementing product strategic plan in order to steadily enhance the quality and efficiency of enterprise development. The annual sales volume of independent brand passenger vehicles has a significant increase while the results of the joint venture companies have been further enhanced with the rapid development of automobile parts, commercial services, automobile credit and insurance businesses in both the up-stream and down-stream of the industry chain. Meanwhile, the operating quality of the company has further enhanced and the net profit attributable to its shareholders for the year 2015 has maintained a relatively rapid growth compared with the same period last year.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 4, 2016
--
Private Placement
December 22, 2015
UberChina
Private Placement
November 19, 2015
GAC MITSUBISHI MOTORS Co.,LTD.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Guangzhou Automobile Group Co., Ltd., please visit www.gagc.com.cn. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.