GAC Aion's mixed ownership reform and listing plan

In 2022, GAC Aion will carry out mixed ownership reform and implement an employee stock ownership plan. It was originally planned to list on the Science and Technology Innovation Board in 2023, but due to tightening policies and intensified market competition, the listing location was adjusted to Hong Kong stocks. In 2024, Aion is no longer in a hurry to IPO, and will prioritize consolidating its market position through technological breakthroughs and product innovation. Aion executives said that the core purpose of the IPO is not financing, but to solve institutional and mechanism problems.