On June 6, GAC Group and Changan Auto signed a strategic cooperation framework agreement in Chongqing. Based on the principle of complementary development and mutual benefits, the two sides will carry out strategic cooperation in the areas of generic platforms and technologies, industry chain ecology, international business and industry funds, so as to jointly enhance the core competitiveness of China's auto industry.

 

Wang Xia (3rd from left), Zhou Qing (3rd from right),

Zeng Qinghong (2nd from left), Zhu Huarong (2nd from right),

Xia Xianqing (1st from left), and Wang Hui (1st from right)

give a thumb-up to the strategic cooperation

 

Witnessed by Wang Xia, President of the Automotive Industry Committee, China Council for the Promotion of International Trade, Zhou Qing, Counselor of Chongqing Municipal Government, Zeng Qinghong, Chairman of GAC Group, and Zhu Huarong, Chairman of Changan Auto, Xia Xianqing, Vice President of GAC Group, and Wang Hui, Vice President of Changan Auto, signed the strategic cooperation framework agreement on behalf of the two parties.

 

Signing ceremony

 

Zeng Qinghong, Chairman of GAC Group, states China's automobiles industry is undergoing profound changes unseen in a century. Adhering to the strategic guideline and historical mission of strengthening and expanding self-owned brand automobiless, GAC and Changan leverage their respective resource advantages, and work together to establish a strategic partnership, which is not only to enhance the comprehensive competitiveness of the two automakers and realize long-term sustainable development, but also to smooth the combination of central enterprises and local state-owned enterprises, and to promote the high-quality development of the auto industry. In the future, GAC and Changan will strive to contribute more wisdom and strength to the building of an automotive powerhouse.

 

 

Zhu Huarong, Chairman of Changan Auto, mentions Changan and GAC, as representatives of China's automobiles industry, has always maintained a friendly and interactive relation. Under the guidance of Xi Jinping's thought of socialism with Chinese characteristics in the new era, the two automakers will fully realize complementary development, resource sharing and strategic synergy through the strategic cooperation. The two companies will join hands to stand out from the fierce competition, build new quality productive forces, and work together to address the industry's pain points, thus providing users with superior products and services.