China's 20 Millionth New Energy Vehicle Rolls off the Assembly Line at GAC Aion.…
On August 30, 2021, GAC Group released its semi-annual report of 2021. During the report period, GAC Group achieved an aggregated revenue of RMB 204.282 billion, a year-on-year growth of 27.91%; a consolidated revenue of RMB 34.572 billion, a year-on-year growth of 34.83%; net profit attributable to shareholders of listed companies was RMB 4.337 billion, a year-on-year growth of 87.07%; net profit excluding non-recurring profit and loss attributable to shareholders of listed companies was RMB 4.045 billion, a year-on-year growth of 99.81%. In order to pay back shareholders, the company continues to uphold the sustained and stable dividend policy and pay dividends twice a year. It will distribute an interim dividend of RMB 0.5 (including tax) for every 10 shares to all shareholders.
On the same day, GAC Group also announced that it will conduct the mixed-ownership reform of GAC AION through reorganization and integration of R&D capacity and business assets of new energy vehicle. It would increase capital, expand share and introduce strategic investors. The intensive preparation is ongoing. After the introduction of strategic investors, GAC AION will remain a holding subsidiary of GAC Group. In the future, GAC AION will fully utilize the capital market, actively seek to be listed at the appropriate time, and set up an independent capital platform and market-oriented incentive mechanism.