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Guangzhou Automobile Group (02238) semi-annual report: Overseas market revenue increased by 109.27%, reaching 14.013 billion yuan, humanoid robots, etc. entered the commercialization stage
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The Zhitong Finance App learned that on August 28, GAC Group (02238) disclosed the 2026 semi-annual report. During the reporting period, the company's total consolidated revenue exceeded 46.5 billion yuan, up 9.13% year on year, and the entire group sold 773,300 vehicles, up 2.35% year on year.

During the reporting period, GAC Group's revenue in overseas markets increased 109.27% year-on-year to 14.013 billion yuan, and the export volume of its own brands increased 132% year-on-year to 121,500 vehicles. The export scale was close to the total volume for the full year of 2025. It also expanded 32 new overseas markets, covering 110 countries and regions, and 746 overseas sales and service outlets. The company will clearly establish the overseas market as the “first growth curve”.

The GAC Group also disclosed that in the first half of the year, it had invested more than 4.8 billion yuan in independent R&D, an increase of 27.58% over the previous year. The proportion of R&D investment reached 10.4%, and the cumulative investment in independent R&D had exceeded 67 billion yuan. Over the same period, the GAC Group's in-depth layout of AI applications such as humanoid robots, flying cars, and robotaxis has gradually switched to commercial operation. Of the more than 140 participating companies in the company's investment layout since this year, 20 companies including Changxin Technology and Momenta have been listed.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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