On September 7, the first incubation technology innovation company of GAC Group -- Guangzhou Juwan Technology Research Co., Ltd. was registered, marking that GAC Group has stepped into a new phase in the field of industrial application of high technologies.

Guangzhou Juwan Technology Research Co., Ltd., with a registered capital of 58.82 million yuan, was jointly established by GAC Capital, the graphene technology team of GAC R&D Center and third-party strategic shareholding platform under the leadership of GAC Group. Huang Xiangdong, former vice president of GAC Group and the first president of GAC R&D Center, acts as chairman of this new company, aiming to push forward the technical revolution in fields of new energy and new materials.