On November 2, the GAC headquarters will leave the urban area of Guangzhou, where it has been for more than 20 years, and move entirely from Zhujiang New Town CBD to Panyu Automobile City, where there are GAC Aian , GAC Trumpchi , and GAC Research. hospital.
On October 25, GAC Group issued an announcement that the 71st meeting of the sixth board of directors reviewed and approved the "Proposal on Management Model and Organizational Structure Reform", agreeing to transform the management model of independent brands from strategic control to operational control, and establish an efficient and flexible market-oriented mechanisms and organizational systems to reduce operating costs and improve management efficiency.
Previously, GAC Group’s management of its own brands was in a remote-controlled manner. It listened to data reports and provided more strategic guidance. Now it's different. Being integrated with front-line business has undoubtedly greatly improved both the speed of problem discovery and the efficiency of problem solving. What is efficiency and flexibility? This is efficiency and flexibility.
What followed was the reform of the relevant management system. GAC Group mentioned in its 2024 semi-annual report that “it will further implement overall and in-depth management system and mechanism reforms, further improve the efficiency of the company’s organizational system and governance system, strengthen the integrated operation of research, production and sales, and establish a more streamlined, efficient and flexible market mechanism”.
This will involve personnel changes.
htmlOn September 30, Guangzhou Automobile Group issued an "Informative Announcement on the Postponement of the General Election of the Board of Directors and Board of Supervisors." The announcement stated that the terms of the sixth term of the Board of Directors and the Board of Supervisors will expire on October 8, 2024. However, the general elections for the board of directors and board of supervisors will be postponed appropriately.In other words, in the future, GAC Group will face a top-to-bottom personnel change.
Executives of central enterprises may go south?
Objectively speaking, the personnel changes of GAC Group have always attracted much attention. The most important point is the tenure issue of Chairman Zeng Qinghong. Since he is 63 years old and has reached retirement age, he has already served beyond his term of service. In 2021, he renewed his contract for 3 years. Now, three years have passed. Referring to the experience of Chen Hong of SAIC, there is a high probability that he will not be re-elected.
Zeng Qinghong has been quite vocal in the past two years. I still remember that two years ago, he bluntly said at the 2022 World Power Battery Conference, "Power batteries account for 60% of the cost of a car. Then don't I work for CATL?" This year, Zeng Qinghong even made a lot of golden sentences. , when the proportion of pure electric vehicles in new energy vehicles reaches 50%, it is recommended that relevant government departments study "equal rights for oil and electricity"; "The purpose of the enterprise is to make profits, to contribute to the country, to contribute to society, to pay taxes and to obtain employment." told We, GAC, are also laying off employees. What will happen to society and the country if this continues? " Although the auto industry is not the way to go, it really hits the mark and speaks to the fundamental problems in the current auto industry.
is such a leader of a state-owned enterprise who dares to speak and act, and his successor has become the focus of everyone's attention.
According to the order, his successor should be Feng Xingya, general manager of GAC Group, who is 55 years old and just takes over. But now Chinese cars are in an unconventional period of new energy transformation, and anything is possible.
After the relocation of the GAC Group headquarters is completed, there will be a round of personnel changes, organizational system changes, and then the replacement of the board of directors and the board of supervisors. At that time, the new team will make its debut.
Zeng Qinghong is the most suitable candidate
GAC Group has been deeply involved in the automobile business for decades, and its business is very wide, involving research and development, complete vehicles (cars, motorcycles), parts and components, commerce and travel, energy and ecology, internationalization, investment and finance and other businesses, with a complete closed-loop automotive industry chain. In 2023, the total revenue will reach 128.7 billion, and the cumulative sales of cars will be 2.505 million units. It is a well-deserved automobile giant.
is such a behemoth. It is said that the headquarters will be relocated and the organizational structure will be adjusted. There are also rumors that an outsider will come in to take the second position. Not to mention promoting the three things together, just taking out one of them is enough to make people scratch their heads.
These things can only be accomplished by Zeng Qinghong. Not only because of his position, but also because of his courage.
At the beginning, GAC Aian’s hybrid reform was enough to shock the world. A state-owned enterprise brand requires strategic investment, independent capital operation, full employee shareholding, and a series of market-oriented operations such as the tenure system and appointment system, and is ultimately driven by a complete market mechanism.
This is simply unimaginable.
But it was under Zeng Qinghong’s leadership that GAC Aion flourished, and its sales in September ranked among the top three of mainstream pure electric vehicles (in the global market). If the market sales are stable, it shows that the path of reform is feasible. Behind this, there must be Zeng Qinghong’s full support.
China's new energy vehicle market is currently booming. The market share of self-owned brand passenger cars has exceeded 50%, and the penetration rate of new energy models has also exceeded 50%. This is very important for the high-quality development of enterprises. GAC Group is in the transition period of switching from old to new driving forces, and its top priority is to seize this market wave and opportunities.
Previously, the two self-owned brands of GAC Trumpchi and GAC Aian have achieved very good results. Now it is natural to make them bigger and stronger and create greater glories. Judging from the general market trend and its own development status, GAC Group has focused its reform on its own brands, which is also in line with the changing needs of the market.
This change within GAC Group should have been brewing for a long time, which is reflected in the statement in the GAC Group’s semi-annual report mentioned above. Since
is a reform, it must face resistance. Therefore, as a strong leader, Zeng Qinghong has prestige and courage. At the end of his term, he will clear all obstacles, complete changes and finalize the decision. This will be critical to the work of the next leadership team and the future development of GAC Group. , it can be said that the merits are immeasurable and the benefits will last forever.
Common People Reviews Cars
Ideal, Weilai , Xiaopeng , Xiaomi and other new power brands have proven with facts that by quickly crossing the river by feeling the stones and accelerating adjustments, they will surely be able to stay ahead of the market. Enterprise development is like this. There are no eternal people and things, only the needs that are suitable for future development. Only by doing this can we achieve long-term development.
On November 2, the GAC headquarters will leave the urban area of Guangzhou, where it has been for more than 20 years, and move entirely from Zhujiang New Town CBD to Panyu Automobile City, where there are GAC Aian , GAC Trumpchi , and GAC Research. hospital.
On October 25, GAC Group issued an announcement that the 71st meeting of the sixth board of directors reviewed and approved the "Proposal on Management Model and Organizational Structure Reform", agreeing to transform the management model of independent brands from strategic control to operational control, and establish an efficient and flexible market-oriented mechanisms and organizational systems to reduce operating costs and improve management efficiency.
Previously, GAC Group’s management of its own brands was in a remote-controlled manner. It listened to data reports and provided more strategic guidance. Now it's different. Being integrated with front-line business has undoubtedly greatly improved both the speed of problem discovery and the efficiency of problem solving. What is efficiency and flexibility? This is efficiency and flexibility.
What followed was the reform of the relevant management system. GAC Group mentioned in its 2024 semi-annual report that “it will further implement overall and in-depth management system and mechanism reforms, further improve the efficiency of the company’s organizational system and governance system, strengthen the integrated operation of research, production and sales, and establish a more streamlined, efficient and flexible market mechanism”.
This will involve personnel changes.
htmlOn September 30, Guangzhou Automobile Group issued an "Informative Announcement on the Postponement of the General Election of the Board of Directors and Board of Supervisors." The announcement stated that the terms of the sixth term of the Board of Directors and the Board of Supervisors will expire on October 8, 2024. However, the general elections for the board of directors and board of supervisors will be postponed appropriately.In other words, in the future, GAC Group will face a top-to-bottom personnel change.
Executives of central enterprises may go south?
Objectively speaking, the personnel changes of GAC Group have always attracted much attention. The most important point is the tenure issue of Chairman Zeng Qinghong. Since he is 63 years old and has reached retirement age, he has already served beyond his term of service. In 2021, he renewed his contract for 3 years. Now, three years have passed. Referring to the experience of Chen Hong of SAIC, there is a high probability that he will not be re-elected.
Zeng Qinghong has been quite vocal in the past two years. I still remember that two years ago, he bluntly said at the 2022 World Power Battery Conference, "Power batteries account for 60% of the cost of a car. Then don't I work for CATL?" This year, Zeng Qinghong even made a lot of golden sentences. , when the proportion of pure electric vehicles in new energy vehicles reaches 50%, it is recommended that relevant government departments study "equal rights for oil and electricity"; "The purpose of the enterprise is to make profits, to contribute to the country, to contribute to society, to pay taxes and to obtain employment." told We, GAC, are also laying off employees. What will happen to society and the country if this continues? " Although the auto industry is not the way to go, it really hits the mark and speaks to the fundamental problems in the current auto industry.
is such a leader of a state-owned enterprise who dares to speak and act, and his successor has become the focus of everyone's attention.
According to the order, his successor should be Feng Xingya, general manager of GAC Group, who is 55 years old and just takes over. But now Chinese cars are in an unconventional period of new energy transformation, and anything is possible.
After the relocation of the GAC Group headquarters is completed, there will be a round of personnel changes, organizational system changes, and then the replacement of the board of directors and the board of supervisors. At that time, the new team will make its debut.
Zeng Qinghong is the most suitable candidate
GAC Group has been deeply involved in the automobile business for decades, and its business is very wide, involving research and development, complete vehicles (cars, motorcycles), parts and components, commerce and travel, energy and ecology, internationalization, investment and finance and other businesses, with a complete closed-loop automotive industry chain. In 2023, the total revenue will reach 128.7 billion, and the cumulative sales of cars will be 2.505 million units. It is a well-deserved automobile giant.
is such a behemoth. It is said that the headquarters will be relocated and the organizational structure will be adjusted. There are also rumors that an outsider will come in to take the second position. Not to mention promoting the three things together, just taking out one of them is enough to make people scratch their heads.
These things can only be accomplished by Zeng Qinghong. Not only because of his position, but also because of his courage.
At the beginning, GAC Aian’s hybrid reform was enough to shock the world. A state-owned enterprise brand requires strategic investment, independent capital operation, full employee shareholding, and a series of market-oriented operations such as the tenure system and appointment system, and is ultimately driven by a complete market mechanism.
This is simply unimaginable.
But it was under Zeng Qinghong’s leadership that GAC Aion flourished, and its sales in September ranked among the top three of mainstream pure electric vehicles (in the global market). If the market sales are stable, it shows that the path of reform is feasible. Behind this, there must be Zeng Qinghong’s full support.
China's new energy vehicle market is currently booming. The market share of self-owned brand passenger cars has exceeded 50%, and the penetration rate of new energy models has also exceeded 50%. This is very important for the high-quality development of enterprises. GAC Group is in the transition period of switching from old to new driving forces, and its top priority is to seize this market wave and opportunities.
Previously, the two self-owned brands of GAC Trumpchi and GAC Aian have achieved very good results. Now it is natural to make them bigger and stronger and create greater glories. Judging from the general market trend and its own development status, GAC Group has focused its reform on its own brands, which is also in line with the changing needs of the market.
This change within GAC Group should have been brewing for a long time, which is reflected in the statement in the GAC Group’s semi-annual report mentioned above. Since
is a reform, it must face resistance. Therefore, as a strong leader, Zeng Qinghong has prestige and courage. At the end of his term, he will clear all obstacles, complete changes and finalize the decision. This will be critical to the work of the next leadership team and the future development of GAC Group. , it can be said that the merits are immeasurable and the benefits will last forever.
Common People Reviews Cars
Ideal, Weilai , Xiaopeng , Xiaomi and other new power brands have proven with facts that by quickly crossing the river by feeling the stones and accelerating adjustments, they will surely be able to stay ahead of the market. Enterprise development is like this. There are no eternal people and things, only the needs that are suitable for future development. Only by doing this can we achieve long-term development.
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