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GAC Group has unveiled its 2024 annual report, revealing a total annual operating revenue of approximately 401.65 billion yuan. The Group achieved automobile production and sales volumes of 1.9166 million and 2.0031 million units, respectively. Its annual automobile export volume reached a significant 127,000 units, marking a 67.6% growth in overseas sales and a gross profit margin of 14.72% in international markets. Notably, exports of independent brands surpassed 100,000 units for the first time, experiencing a remarkable growth rate of 92.3%. GAC Group's commitment to innovation is evident, with R&D investment exceeding 7.9 billion yuan in 2024. Looking ahead, the Group plans to introduce and sell China's first L3 autonomous driving product in the fourth quarter of 2025.
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