Guangzhou Automobile Group Co.Ltd(601238) hold online social responsibility report conference

On April 25, Guangzhou Automobile Group Co.Ltd(601238) held the first online social responsibility report conference, which was jointly released by Guangzhou Automobile Group Co.Ltd(601238) headquarters and 6 investment enterprises and institutions - GAC Research Institute, GAC motor, GAC e'an, GAC Honda, GAC Toyota and Ruqi travel. The report presents the performance of Guangzhou Automobile Group Co.Ltd(601238) social responsibility from four aspects: corporate governance, mobile life, low-carbon travel and corporate ecology.

Guangzhou Automobile Group Co.Ltd(601238) 2021: 2138100 and 2144400 vehicles were produced and sold, with a year-on-year increase of 5.1% and 4.9% respectively. The main indicators outperformed the industry; In the whole year, the total industrial output value reached 350.01 billion yuan, a year-on-year increase of 9.7%, and the total operating revenue reached 429755 billion yuan, a year-on-year increase of 8.66% Guangzhou Automobile Group Co.Ltd(601238) ranked 176 in the Fortune Global 500 last year, setting a record high, and the brand value has steadily increased. In 2021, for every 10000 vehicles produced by the whole group, greenhouse gas emissions will decrease by 27%, total water consumption will decrease by 34%, and total energy consumption will decrease by 53%.

In 2021, Guangzhou Automobile Group Co.Ltd(601238) released the "glass green net plan", formulated the "14th five year plan" for energy conservation and emission reduction, planned to achieve carbon neutralization in the whole life cycle of products by 2050 (challenging 2045), and committed to building an environment-friendly and sustainable green GAC through the research and development of new energy products and technologies. In terms of vehicle production, Guangzhou Automobile Group Co.Ltd(601238) continues to strengthen the product layout of simultaneous development of "ICV (Intelligent Networking) + ev (electrification)" and "ICV (Intelligent Networking) + xev (hybrid)", and continues to strengthen the reserve of energy-saving and new energy technologies such as hybrid, electric and hydrogen energy.

In terms of hybrid, GAC electrification strategy continues to focus on the development of high-efficiency hybrid system. It plans to launch at least two electrified models every year from 2022 and implement hybrid in 2025. GAC electrification strategy continues to focus on the development of high-efficiency hybrid system. It plans to launch at least two electrified models every year from 2022 and realize the electrification of all models in 2025. In 2021 Guangzhou Automobile Group Co.Ltd(601238) released "green engine technology" in the field of hybrid power. GAC motor gs8 hybrid version is the first vehicle equipped with "green engine technology" self-developed engine 2.0tm matching Toyota's new fourth generation high-capacity ths hybrid system, which will be carried on more GAC motor models in the future.

In terms of pure electric, three electric core technologies have made a breakthrough. Black technologies such as magazine battery system safety technology, super speed battery technology and sponge silicon negative electrode battery technology have been successfully carried on the best-selling models of GAC ai'an Guangzhou Automobile Group Co.Ltd(601238) build "gac-e'an" into an independent high-end intelligent electric vehicle brand, and has launched four independently developed electric vehicle products, with production and sales of more than 120000 in 2021; As a zero carbon advanced demonstration area of Guangzhou Automobile Group Co.Ltd(601238) key construction, gac-e'an plans to complete the construction of zero carbon capacity system in 2022 and realize zero carbon emission of the plant in 2023, becoming Guangzhou Automobile Group Co.Ltd(601238) first zero carbon plant. In terms of hydrogen fuel cell technology, Guangzhou Automobile Group Co.Ltd(601238) actively undertakes the national hydrogen energy development strategy and continues to study the fuel cell system using hydrogen as fuel. In October 2021, Guangzhou Automobile Group Co.Ltd(601238) the first batch of hydrogen fuel cell passenger cars aion LX fuel cell launched online car Hailing platform, taking the lead in launching the first fuel cell passenger car demonstration operation of "online car Hailing + hydrogen energy" in Guangdong, Hong Kong and Macao.

Guangzhou Automobile Group Co.Ltd(601238) while developing its main business, it has fully fulfilled its corporate social responsibility in poverty alleviation, rural revitalization, anti epidemic and disaster relief, public welfare and charity, cultural and sports undertakings, safe travel and other fields, and earnestly implemented the social responsibility slogan of "GAC loves to accompany". Over the past 25 years since its establishment, Guangzhou Automobile Group Co.Ltd(601238) has invested more than 3 billion yuan in charity and public welfare undertakings.

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