GAC Group's 2022 annual performance report, disclosed on March 29, revealed that the Group saw double-digit growth in both revenue and net profit in 2022. During the reporting period, GAC Group’s total operating revenue was about RMB 514.605 billion, representing a year-on-year growth of about 19.74%. The total operating revenue on a consolidated basis was about RMB 110.006 billion, a year-on-year increase of about 45.36%. The net profit attributable to shareholders of listed companies was about RMB 8.068 billion, a year-on-year increase of about 10.00%. The basic earnings per share (EPS) were RMB 0.78/share, a year-on-year increase of over 8%. GAC Group maintained the dividend rate for 2022 at more than 30% and paid a dividend of RMB 2.4 (inclusive of tax) for every 10 shares to all shareholders, with a total annual dividend payout amount of approximately RMB 2.516 billion (inclusive of interim dividends).

In 2022, despite challenges posed by rising raw material prices, an unstable supply chain, and recurring epidemic outbreaks, China's automobile production and sales registered year-on-year growth of 3.4% and 2.1%, respectively. GAC Group produced 2.4799 million and sold 2.4338 million vehicles in the year, with a year-on-year growth of 16.0% and 13.5%, far surpassing the industry average. The production and sales scale rose to become the fourth-largest in the industry, with its market share increasing to about 9.1%, hitting a new all-time high. This healthy and stable development demonstrates GAC Group's excellent industrial layout and capacities for system-wide development, as well as its sustainable development momentum.