On May 17th, Guangzhou Greater Bay Technology Co., Ltd. (hereinafter referred to as “Greater Bay Technology”) signed a strategic cooperation agreement with TELD New Energy Co., Ltd. (hereinafter referred to as “TELD”) in Panyu District, Guangzhou.

GAC (601238.SH, 02238.HK) announced on May 6th that its wholly-owned subsidiary GAC Capital Co., Ltd. (hereinafter referred to as “GAC Capital”) would cooperate with Guangzhou Yuexiu Industrial Investment Fund Management Co., Ltd.

On May 6th, GAC announced the progress of its controlling shareholder’s increase of shares.

GAC Group announced the first quarter report of 2022 on April 27. During the reporting period, the Company achieved a total operating income of RMB 23.145 billion, a year-on-year increase of 45.67%.

On April 25th, GAC held its first press conference online for the release of its social responsibility report in cooperation with 6 invested enterprises and institutions.

An inauguration ceremony was held for Qiling Hotel in Huadu District, Guangzhon on March 31st.

On March 31st, GAC held a press conference for the release of its 2021 annual report both online and offline.

On March 23rd, the first GAC Mitsubishi electric SUV, AIRTREK, was officially launched. Two versions, Pioneer and Hardcore were available.