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GAC Group Chairman Clarifies: No Connection to 'Auto Industry's Evergrande' or 'Financial Crisis'
1 week ago /
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Author：小编
Feng Xingya, the Chairman of GAC Group, emphatically underscored that the company boasts a robust financial structure, evidenced by its asset-liability ratio of merely 47.6% in 2024, which surpasses the industry norm. The capital operations of GAC AION are strategically designed to invigorate organizational dynamism and do not hinge on the capital market to resolve funding challenges. In response to the whispers of being labeled as the 'auto industry's Evergrande' or facing a 'financial crisis', Feng Xingya unequivocally stated that GAC Group has no association with such allegations.
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