GAC Group Vice President Zheng Heng Resigns Due to Health Reasons

[Personnel Change] GAC Group Vice President Zheng Heng has resigned due to health reasons, stepping down before the scheduled end of his term in 2028.

⚡ Key Development: Sudden Executive Departure Mid-Term

Zheng Heng officially resigned as Vice President of GAC Group on December 23, 2025, with his resignation taking effect the following day. He will no longer hold any position within the company. His original term was set to expire on March 27, 2028.

📊 Key Metrics: Leadership Transition Amid Operational Pressure

In the first three quarters of 2025, GAC Group reported revenue of approximately RMB 66.929 billion and a net loss of RMB 4.312 billion. Prior to his departure, Zheng was one of five vice presidents and had led the launch of multiple GAC Honda models. He also served as Chairman of subsidiaries including Yinpai Battery Technology.

🔍 Strategic Context: Smooth Transition, No Public Disagreements

GAC Group’s announcement emphasized that Zheng Heng’s resignation will not affect the company’s normal operations or production, and that he has no disagreements with the board of directors, nor any unfulfilled commitments.