GAC Group and Changan Automobile Sign Strategic Cooperation Agreement
TapTechNews June 6 news, today, GAC Group and Changan Automobile signed a strategic cooperation framework agreement in Chongqing, and will carry out strategic cooperation in areas such as common platforms and technologies, industrial chain ecosystems, international business, and industrial funds.
GAC Group Chairman Zeng Qinghong said:
At present, the Chinese automotive industry is experiencing a once-in-a-century great change. Adhering to the strategic orientation and historical mission of strengthening and expanding the independent brand automobiles, GAC and Changan give full play to their respective industrial resource advantages and join hands to establish a strategic cooperative partnership. This is not only an active choice to enhance the comprehensive competitiveness of the two automotive groups and achieve long-term sustainable development, but also an objective requirement to smooth the strong alliance between central enterprises and local state-owned enterprises and promote the high-quality development of the automotive industry. In the future, GAC and Changan will strive to contribute more wisdom and strength to the construction of a powerful automotive country.
Changan Automobile Chairman Zhu Huarong said:
Changan Automobile and GAC Group are both typical representatives of the Chinese automotive industry and have always maintained a very friendly interactive relationship. This strategic cooperation, under the guidance of the thought of socialism with Chinese characteristics for a new era, truly realizes the complementarity of each other's advantages, resource sharing and strategic coordination between the two sides, and jointly deals with the fierce industrial competition to create new productive forces, jointly solve the pain points of the industry, and provide users with more extreme product and service experiences.
TapTechNews noticed that at the 2024 China Automobile Chongqing Forum (CACS2024) which opened today, Zhu Huarong and Zeng Qinghong took the stage to speak successively.
Changan Automobile Chairman Zhu Huarong believes that the volume in the automotive industry is a process of good money driving out bad money, and it is the best way to make the industry quickly return to a healthy competition. The volume itself means the pursuit of excellence, which will roll out a new height of Chinese brands and will roll out the maximization of users' interests and truly create value for users. In the next 10 years, there will be more Chinese brands rolled into world-class brands.
At the same forum, Zeng Qinghong, Chairman of GAC Group, said: The purpose of enterprises is to make a profit and contribute to the country. Now GAC has also laid off a lot of people. We should have a big-picture pattern, long-termism, rather than just going to 'roll' at present. Without benefits, enterprises cannot survive.