GAC Stock - Sunday background on China’s state-owned automaker

GAC is one of China’s major state-owned automakers and EV players. With no fresh market-moving news this weekend, the focus turns to background on its ownership, structure and role in the Chinese car and new energy vehicle market.

Edited by ad hoc news Background & Management Desk. Verified prior to publication on 06/21/2026, 20:50 UTC. Details in the imprint.

GAC (CNE100000Q35) is one of China’s larger state-owned automakers and a long-standing player in combustion and new energy vehicles. With no new market-moving company announcement or major analyst action over the weekend, the focus today is on the group’s structure and background.

The ownership and listing structure

GAC, formally Guangzhou Automobile Group Co., Ltd., is ultimately controlled by the Guangzhou municipal government through Guangzhou Automobile Industry Group Co., Ltd., which acts as the parent holding entity. The listed company is incorporated in mainland China.

GAC stock is traded as H-shares on the Hong Kong Stock Exchange and as A-shares on the Shanghai Stock Exchange, reflecting a dual-listing structure common among large Chinese state-owned enterprises. The Hong Kong H-share ticker is 2238, while the Shanghai A-share ticker is 601238.

Role in China’s auto industry

According to company disclosures, GAC has built a portfolio of joint ventures with major global carmakers, including GAC Honda, GAC Toyota and GAC Mitsubishi, alongside its own brands. This mix of JVs and self-owned marques is central to its strategy in China’s competitive auto market.

GAC is also active in new energy vehicles through its GAC Aion brand, which focuses on battery electric vehicles and related technologies. This positions the group within China’s policy-driven push to raise the share of NEVs in total auto sales over the coming years.

What the company sells

GAC generates revenue mainly from manufacturing and selling passenger vehicles under joint-venture marques such as GAC Honda and GAC Toyota, and its own brands including Trumpchi and the electric-vehicle focused GAC Aion. It also operates supporting businesses in auto finance and parts.

Where the stock trades today

GAC stock is listed in Hong Kong under the ticker 2238 and in Shanghai under 601238; current prices and intraday data are available on the respective exchange quote pages.

Key facts on GAC stock

• Company: Guangzhou Automobile Group Co., Ltd.
• ISIN: CNE100000Q35
• Ticker: 2238 (HKEX H-share), 601238 (SSE A-share)
• Venue: HKEX / SSE
• Sector / Industry: Automobiles - Passenger vehicles and new energy vehicles

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.