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GAC GROUP Intends to Localize Production, Set Up R&D Center in Brazil
Brazilian President Luiz Inacio Lula da Silva met with Wei Haigang, General Manager of GAC International, in Beijing during his visit to China. They had in-depth discussions on the...
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GAC GROUP Intends to Localize Production, Set Up R&D Center in Brazil
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Brazilian President Luiz Inacio Lula da Silva met with Wei Haigang, General Manager of GAC International, in Beijing during his visit to China. They had in-depth discussions on the achievements of the GAC brand in Brazil, development plans, and Sino-Brazilian cooperation in green mobility.

In the meeting, GAC GROUP (02238.HK)  -0.020 (-0.709%)    Short selling $3.80M; Ratio 17.935%   (601238.SH)  +0.040 (+0.501%)   also affirmed its plans for localized production in Brazil and announced the establishment of an R&D center in collaboration with several Brazilian universities, aiming to enhance its competitiveness in Brazil, promote Sino-Brazilian cooperation in the green mobility industry, and demonstrate its global strategy and planning.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 12:25.) (A Shares quote is delayed for at least 15 mins.)

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