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GAC Aion is the new energy vehicle brand of GAC Group. Established in July 2017 as GAC New Energy Automobile Co., Ltd., the brand was officially launched as an independent entity at the 2020 Guangzhou Auto Show. GAC Aion is committed to becoming a high-end smart electric vehicle brand, accelerating the development of new energy and intelligent automotive products, and seeking breakthroughs in brand advancement. The product line of GAC Aion is rich, including models such as the Aion S, Aion Y, Aion V, etc., covering various segments such as sedans and SUVs. The intelligent ecological factory of GAC Aion is located in Panyu District, Guangzhou, covering an area of 469,000 square meters with a total planned production capacity of 400,000 vehicles/year, of which the first phase has a capacity of 200,000 vehicles/year. GAC Aion continues to break through in technological innovation, launching the world's first 5G vehicle, the AION V, and in 2022, it released a new generation of electronic and electrical architecture—Aion Hyperstar Architecture. The management team of GAC Aion is experienced, with the core management being seasoned veterans from within the GAC Group, possessing forward-looking vision and the ability to respond promptly to the development trends of the new energy vehicle industry. After the brand became independent, GAC Aion carried out a mixed-ownership reform, introduced strategic investors, and planned to go public independently to achieve diversified financing and enhance brand vitality. Sales data released by GAC Aion in April 2023 showed that the sales volume in March was 40,016 vehicles, a year-on-year increase of 97%, and a month-on-month increase of 33%; the cumulative sales volume from January to March was 80,308 vehicles, a year-on-year increase of 79%. After operating independently, GAC Aion has shown strong market competitiveness and development potential.