On October 29, 2021, GAC Group (601238.SH) released the Q3 report of 2021. In the first three quarters, GAC Group achieved consolidated revenue of RMB 55.513 billion, a year-on-year growth of 28.65%, and the cumulative net profit attributable to the parent company 5.284 billion, a year-on-year growth of 5.63%. GAC Group overcame external challenges such as shortage of chip supply, tension of power supply and raw material price increase, and achieved positive year-on-year growth in revenue, profit, production and sales.