Kuaikeji, September 14th news—This morning, the Shanghai Stock Exchange announced a full-day suspension of trading in GAC Group’s A-shares, citing an undisclosed significant matter. Meanwhile, GAC’s Hong Kong-listed shares traded as usual, opening notably higher and surging by up to 8.64% in morning trading, which has sparked market speculation.

As of the last trading day before the suspension, GAC’s A-shares closed at 5.09 yuan, with a market capitalization of approximately 42.9 billion yuan.

When approached by the media, GAC staff commented, “The suspension was implemented urgently this morning because a major announcement is scheduled to be made after the market closes today. However, the exact timing remains unconfirmed, and the content of the announcement cannot be disclosed at this time.”

At present, GAC has not officially revealed the details of the significant matter, with market rumors primarily focusing on potential mergers and acquisitions within the automotive sector.

Recently, the National Development and Reform Commission expressed its support for large automobile companies to pursue mergers and acquisitions through market-oriented approaches, aiming to integrate research and development and production capacity resources to mitigate homogeneous competition. This policy environment has set the stage for industry consolidation, prompting many investors to speculate that GAC may be involved in a major asset restructuring.

From a fundamental standpoint, GAC owns well-known brands such as Trumpchi, Aion, Hyper, GAC Honda, and GAC Toyota, establishing itself as a leading automobile company in China. In recent years, the company has accelerated its shift towards new energy vehicles. Nevertheless, the ongoing price war in the industry continues to exert pressure on profits, raising expectations for resource integration among automobile companies.

Notably, over the weekend, rumors circulated regarding a potential “equity joint venture” or strategic restructuring between FAW and GAC, although neither party has confirmed or denied these rumors.