GAC Establishes New Company BlueCrystal Automotive to Accelerate NEV and Intelligent Tech Strategy

[Company News] In March, GAC Group established Guangzhou BlueCrystal Automotive Co., Ltd., focusing on new energy vehicles and intelligent software businesses.

Key Leadership: Wang Xin and Zhang Chaofeng to Lead the New Company

Wang Xin serves as Chairman and Legal Representative. He is currently Deputy General Manager of GAC Commerce and has long led channel operations for GAC Honda. Zhang Chaofeng serves as Director, formerly General Manager of GAC Leasing, and now oversees international business and import-export trade for GAC Commerce.

Key Figures: Registered Capital of RMB 50 million, with 97% Held by GAC Commerce

The company was registered on March 6, 2026, in Nansha District, Guangzhou, with a registered capital of RMB 50 million. GAC Commerce holds 97% of shares, while Guangzhou Heijing Investment Partnership holds the remaining 3%. Its business scope includes sales of new energy vehicles, production of road motor vehicles, AI software development, and automotive component manufacturing.

Strategic Foundation: Strengthening New Energy and Technology Transformation Strategy

As the core platform for commerce and mobility services within GAC Group, GAC Commerce leverages BlueCrystal Automotive to further integrate resources and accelerate its transformation into a technology-driven enterprise, highlighting the group's deep commitment to the new energy vehicle industry chain.