On January 11, GAC Group released its 2021 performance forecast. The expected net profit attributable to shareholders of listed companies of 2021 was ~ RMB 6.6 -7.6 billion, a year-on-year growth of ~11%-27%; net profit excluding non-recurring profit and loss attributable to shareholders of listed companies of 2021 was ~RMB 5.6-6.7 billion, a year-on-year growth of 16%-39%, basically securing the double-digit growth of GAC Group’s net profit in 2021.

In spite of impact and challenges such as shortage of chip, rising cost of raw material and recurrent pandemic situation in 2021, GAC Group achieved the yearly steady growth of production and sales. Thanks to measures such as product restructuring and consolidating cost regulation, GAC Group steadily enhances the operation efficiency, and finally guarantees its steady performance growth.