Summary by Moomoo AI
Guangzhou Automobile Group Co., Ltd. (referred to as "Guangzhou Automobile Group") has released its financial report for 2024. The report shows that the company's total revenue and profit have both increased in that year. Guangzhou Automobile Group's total revenue increased from 216,339,376 yuan in the previous year to 218,448,770 yuan, while net profit increased from 91,524,301 yuan to 93,994,958 yuan. In addition, the company's sales data shows that the sales volume of new energy vehicles continues to grow, especially in the SUV and MPV markets. The report mentioned several new models under Guangzhou Automobile Group, including the GS4 MAX, M6 MAX, and AION series of electric vehicles, which have contributed to the company's sales growth. The report also mentioned future development plans, including the launch of new models with higher energy density batteries in 2026, and the commercialization of Level 3 autonomous driving technology in 2027. Guangzhou Automobile Group's financial report demonstrates the company's continued investment and potential for development in the field of new energy vehicles.