GAC FIAT CHRYSLER Automobiles

It is a CNY 17 billion investment by Guangzhou Automobile Group Co., Ltd. (hereinafter "GAC") and Stellantis Group on a 50:50 basis. he Company is headquartered in Changsha Economic and Technological Development Zone of Hunan. It currently has two vehicle plants (one in Changsha and the other in Guangzhou) and one engine plant. The Company's total designed annual vehicle production capacity reaches 328,000 units and its annual engine production capacity reaches 488,000 units. Moreover, the Company has a wholly-owned independent sales company. Currently, GAC FCA has over 4,000 employees. Changsha Plant