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Addentax Group Corp. Announces 1-for-10 Reverse Share Split

SHENZHEN, China, June 30, 2023 /PRNewswire/ -- Addentax Group Corp. ("Addentax" or the "Company") (Nasdaq: ATXG), an integrated service provider focusing on garment manufacturing, logistics service, property management and subleasing, today announced that the Company's board of directors exercised its discretion to effect a 1-for-10 reverse split of its common stock shares ("Reverse Stock Split") on June 8, 2023 and is expected to become effective on June 30, 2023. Upon the effectiveness of the reverse share split, Addentax shareholders will receive one new common stock share of Addentax for every ten shares they hold. Addentax's common stock shares are expected to begin trading on a split-adjusted basis when the market opens on June 30, 2023. The reverse share split is expected to lead Addentax's common stock shares to trade at approximately ten times the price per share at which it trades prior to the effectiveness of the reverse share split. Addentax, however, cannot assure that the price of its common stock shares after the reverse split will reflect the 1-for-10 reverse split ratio, that the price per share following the effective time of the reverse split will be maintained for any period of time, or that the price will remain above the pre-split trading price. As of June 29, 2023, there were 37,395,420 of Addentax's common stock outstanding. Effecting the Reverse Stock Split will reduce that amount to 3,739,542. Treatment of Restricted Shares The number of common stock shares into which Addentax's outstanding restricted shares will be proportionally adjusted to reflect the reverse split. Fractional Shares Any fractional shares that would have resulted because of the Reverse Split will be rounded up to the nearest whole share. New Stock Certificates Addentax will adopt a new stock certificate in connection with the implementation of the reverse share split. Addentax's transfer agent, Transfer Online, Inc., will manage the exchange of share certificates. Shareholders of record will receive a letter of transmittal providing instructions for the exchange of their old certificates as soon as practicable following the effectiveness of the reverse split. Shareholders should not send in their old stock certificates until they receive a letter of transmittal from Transfer Online, Inc. Shareholders who hold their shares through a securities broker or nominee (i.e., in "street name") will be contacted by their brokers or nominees with any instructions. For more information, shareholders and securities brokers should contact Transfer Online, Inc. at +1 (503) 227-2950. About Addentax Group Corp. Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, property management, subleasing, and epidemic prevention supplies. Its apparel manufacturing business includes sales to wholesalers and is based in China. The logistics business, which includes delivery and express services, covers 79 cities in 7 provinces and 2 municipalities in China. The property management and subleasing business provides relevant services to clothing wholesalers and retailers in the apparel market. The epidemic prevention supplies  business includes manufacturing and distributing quarantine products, as well as reselling supplies purchased from the third parties in domestic and overseas markets. More information please visit the website: https://www.addentax.com/. Safe Harbor Statement All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company's filings with the SEC, that may affect the Company's future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur. Company Contact: Addentax Group Corp.Phone: + (86) 755 86961 405 Investor Relations Contact:Sherry ZhengWeitian Group LLC1-718-213-7386shunyu.zheng@weitian-ir.com

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 834 加入收藏 :
GA technologies accelerate M&A business. SPICA CONSULTING agreed on a business synergy partnership to provide a tech-driven M&A solution for customers

TOKYO, June 30, 2023 /PRNewswire/ -- GA technologies Co., Ltd. announced the news that the company is acquiring the stock shares of SPICACONSULTING Co., Ltd. fully to complete a business merger partnership with an agreement between the two parties. SPICACONSULTING Co., Ltd. is a company that provides industry specialized business mergers and acquisitions (M&A) consulting service to businesses looking for such a solution and advice to upgrade business value (Headquarters: Minato-Ku, Tokyo; Hereinafter as SPICACONSULTING). The stock share acquisition agreement was signed between the two parties on the 14th of June 2023, with more details provided below. The process of the transfer of the stocks will be completed and be officially effective on the 3rd of July 2023. The two parties will be moving on to the step of discussing strategies for business synergy and partnership. Along with the current subsidiary of GA technologies group, MtechA Co., Ltd. which is utilizing AI technology in the process of M&A business counseling; the two together shall provide a more comprehensive solution service to our customers. Eventually, leads to the acceleration of our M&A business growth and to acquire bigger market share. We are planning to provide a M&A business matching platform with the combination of tech elements from MtechA and the consulting skill from SPICACONSULTING. It is going to be a tech-driven consulting service that offers a one-stop solution to our customers. The service aims for helping our customers to realize their goals of achieving business synergy. Key Highlights The announcement of a business merger agreement between GA technologies and SPICACONSULTING, an industry specialized business mergers & acquisitions solution consulting firm. By combining the tech strength of our group company, MtechA and the newly joined SPICA CONSULTING with its counseling techniques; we are able to provide the market with a tech-driven M&A solution platform service. GA technologies would be able to provide a more elaborate one-step asset management service to our customers. Our intention for the business partnership this time Since GA technologies established its business in 2013, our mission has always been "Creating a world-leading company that inspires people through technology x innovation." Our goal is to push the old-fashioned real estate industry in Japan to catch up with the digital transformation happening in all industries. We have been expanding our business practices into various fields besides real estate. One of the steps we have taken is to start the provision of M&A consulting service for corporations using AI technology know-how (The service is provided by sub company MtechA). On the other hand, the joining of SPICACONSULTING will allow us to provide a more comprehensive M&A consultation to our customers by adding SPICA CONSULTING's soft skill of "professional counseling". We are able to provide a strategic advising service to both sides of our customers (The transferer and the transferee) in the process of M&A. This is going to place GA technologies in a more competitive position against our competitors. By combining the strengths of both GA technologies and SPICA CONSULTING in tech aspect and soft skill aspect will make our M&A business grow faster and to offer customers a more elaborate customer experience in the future. What our customers will get is a one-step asset management solution with extra options of real estate and finance commodities that comes along with its M&A consultation service. By doing so, we shall be able to achieve a synergy effect of our existing services as well. Background of the business partnership this time GA technologies started out as a prop tech company with the development and the operation of a total one-step real estate service "RENOSY". We then expanded ourselves into the SaaS development industry, which is the second pillar that supports our business, also known as "ITANDI". We are cultivating our third pillar for our business which is the M&A business by the partnership with MtechA Co., Ltd. in August 2022 as the first step. We believe that by utilizing our tech strengths in this industry is going to allow us to provide a more transparent customer experience to our customers. The reason why we decided to step into this industry is the market potential of the M&A business. The number of owners looking for business mergers and acquisition opportunities are increasing over the years in Japan due to lack of manpower to succeed the business. Topics of M&A is gaining attention in Japanese society; however, the way the process works is still old-fashioned in this country. By adding the strengths from SPICACONSULTING could speed up our progress in taking more market share. Schedule for signing the agreement Board meeting for partnership discussion June 14, 2023 Agreement signing June 14, 2023 The official partnership in effect (Scheduled for changes) July 3, 2023 Comments from the two CEO about the business partnership this time SPICACONSULTING Co., Ltd. Hayao Nakahara "SPICACONSULTING has been helping many of our customers to achieve a greater value of their businesses through our consultation and support. We are specialized in specific industries M&A consultation and business support. For SPICACONSULTING alone it will be hard to elaborate the technology elements into our service smoothly, but with the business partnership with GA technologies, I believe that we would be able to form a stronger force to create something innovative in the industry together." "The mission of SPICACONSULTING will not change and will always be bringing a brighter future to our customers' businesses through M&A solutions. Helping our customers to achieve the best value of their businesses shall always be our first priority." GA technologies Co., Ltd. Ryo Higuchi "The mission of GA technologies is to create a world-leading company that inspires people through technology x innovation. Under such a business value, starting with AI, we combine both technology and manpower to provide an efficient and smooth customer experience through the synergy of online and offline." "There are many issues that exist in both the real estate industry and the M&A industry waiting to be solved. By incorporating the soft consultation skill of SPICACONSULTING and technology know-how of GA technologies, we want to provide a tech-driven medium to help our customers tackle various issues occurring in their businesses. I am excited to have all the awesome members led by Mr. Nakahara to join the GA group. We are a group of members sharing the same value and aiming for the same goal to create a new set of values and bring in more innovative ideas into the M&A industry." SPICACONSULTING Co.,Ltd. Company name: SPICACONSULTING Co., Ltd.Representative: Hayao NakaharaWebsite link: https://spicon.co.jp/ Headquarters: Minami- Aoyama 3-1-3, Minato-Ku, TokyoYear of founding: August 23, 2022Capital fund: 50,000,000 yenServices provided: M&A Advising business Business consultation, support GA technologies Co., Ltd. Company name: GA technologies Co., Ltd.Representative: Ryo HiguchiWebsite link: https://www.ga-tech.co.jp/ Headquarters: 40F of Sumitomo real estate Roppongi Grand Tower, Roppongi 3-2-1, Minato-Ku, TokyoYear of founding: March 2013Capital fund: 7,261,734,937 yen (By April 2023)Services provided: Internet real estate marketplace business: RENOSY BtoB PropTech SaaS development Group partners: GA technologies group: ITANDI, RENOSY PLUS, Shenjumiausuan and 12 other group companies CONTACT: Judy Yu, Phone: +81-3-6230-9180 Companies logos

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 1226 加入收藏 :
COP28 President-Designate calls for holistic ecosystem to drive climate action during London Climate Action Week

Connecting policy, technology, finance, and people is essential to keep 1.5C within reach. Dr. Sultan Al Jaber, COP28 President-Designate, meets with His Majesty King Charles III, UK Government ministers, industry leaders across tech and finance, and university students during London Climate Action Week 2023. Dr. Sultan Al Jaber renews his call for world leaders to start delivering on climate finance reform and accelerate technology development ahead of COP28. "We must stop talking and start delivering. Climate finance is nowhere near available enough, accessible enough and affordable enough – especially for countries in the Global South". "Money isn't flowing to the places that need it most. Less than 2 per cent of the $1.5 trillion of clean tech finance was invested in vulnerable and low-income countries across the Global South". "We must create an active partnership between the largest producers of energy, the biggest industrial consumers, technology companies, entrepreneurs, the finance community, investors, governments and civil society". "It is time to do things differently because we can't afford to rely on business as usual". "Working together, we will narrow the gap to 2030, deliver a just transition, and mobilize all stakeholders in a new way". "We will bring everyone the table in a more inclusive process than ever before and institutionalize accountability globally, and within the COP process". LONDON, June 29, 2023 /PRNewswire/ -- During London Climate Action Week 2023, COP28 President-Designate, Dr. Sultan Al Jaber, traveled to London to collaborate with British stakeholders to develop holistic ecosystems that connect policy, technology, finance, and people. During his visit, he collaborated with the UK Government on polices which enable greater climate investments, he galvanized investors to fund climate technology, and he consulted with youth climate advocates to help shape the COP28 agenda. HRH King Charles III receives H.E. Dr Sultan Al Jaber, Cop28 President-Designate and the UAE's Special Envoy for Climate Change Dr. Sultan Al Jaber met with a wide range of key stakeholders during a visit to London this week, including H.M King Charles III, the Secretary of State for Energy Security and Net Zero, the Rt Hon. Grant Shapps MP, and Minister of State for Overseas Territories, Commonwealth, Energy, Climate and Environment, the Rt Hon. Lord Zac Goldsmith, as well as business leaders, university students and young climate advocates. The COP28 President-Designate attended a roundtable on climate solutions joined by H.M King Charles III and attended by Sadiq Khan, Mayor of London; Rt Hon. Graham Stuart MP, Minister for Energy Security and Net Zero; the Vice-Chancellors of the Universities of Oxford and Cambridge; and the CEOs of HSBC, AstraZeneca, OVO Energy, and Gridserve. During London Climate Action Week, Dr. Al Jaber said, "If we are going to cut emissions by 43 percent in the next 7 years, we need a holistic ecosystem that connects policy, technology, finance and people. We need supportive policies to stimulate adoption of clean energies and incentivize decarbonization. We obviously need to apply the latest technologies rapidly and at scale. That will require finance and lots of capital across the world, and particularly in emerging and developing economies. And a critical success factor is people. We need capacity building, and skills development to train young people for the jobs of the future. Because we must deliver climate action and socio-economic opportunity at the same time." "This is a moment of clarity that we must face with total honesty – we need a major course correction, and we need it now. Our goal must be to stop talking and start delivering". During his visit, Dr. Sultan Al Jaber, also held meetings with UK Government Ministers from the Department for Energy Security and Net Zero and the Foreign, Commonwealth and Development Office to discuss key initiatives and areas for collaboration ahead of COP28. Dr. Sultan Al Jaber also visited Octopus Energy and its founding CEO, Greg Jackson, in their London headquarters. They discussed the latest technologies that support the rollout of renewable energy and storage solutions, improve energy efficiency, and help in the race to net zero. Masdar, the UAE's world-leading renewable energy company that Dr. Sultan al-Jaber chairs, has committed to invest £1 billion in British battery storage, following its acquisition of Arlington Energy. Masdar has partnered with Octopus Energy to license its groundbreaking technology platform, Kraken, to manage its battery portfolio at low cost and with maximum efficiency. The platform aims to manage 100,000 devices and 6GW of energy capacity by the end of 2023. This will help bring more renewables onto the grid quicker and drive down prices. During one of his visit highlights, Dr. Al Jaber attended a roundtable with university students and young climate advocates. Hosted by H.E Shamma Al Mazrui, COP28 Youth Climate Champion, the consultation sought views from young people to shape the agenda at COP28, including how the President-Designate can help to ensure that the process and outcomes can be more inclusive and equitable. Addressing the youth consultation, the COP28 President-Designate said "your generation is critical, because you will inherit some of the greatest challenges of climate change and will also provide many of the solutions. Your perspectives must be heard. And you must be empowered to make a difference. We need pioneers like yourselves – who are impatient set new benchmarks." He also restated his commitment to making COP28 the most inclusive COP ever, by providing "opportunities for youth who have never been included in the process and that come from countries which have seen climate disasters firsthand" through initiatives like the Youth Climate Delegates Program. In his remarks, Dr. Al Jaber emphasized the need for the voices of young people to be included at COP28 and stated his commitment to called on young people to "bring your passion, your focus and your courage to meet the challenge", reflecting that "it is time to do things differently because we can't afford to rely on business as usual". Notes to Editors: COP28 UAE: COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors. As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals. The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a "leave no one behind" approach to inclusive climate action. Youth Climate Delegate Program Through the International Youth Delegates Program we will support 100 youth to join us from small island developing states, least developed countries and indigenous communities from around the world. Further information on the Youth Climate Delegates can be found on the COP28 website - https://www.cop28.com/en/youth-delegates Masdar UK investment Dr. Sultan al-Jaber was the founding CEO of Masdar, the UAE's leading renewable energy company, and still serves as its chairman. In October 2022, Masdar acquired Arlington Energy, a UK-based battery energy storage system developer. Masdar has committed to invest £1 billion in UK battery storage. In May 2022, Masdar and Octopus Energy Group signed an agreement to use Octopus' groundbreaking technology platform, Kraken, to manage its battery storage portfolio in the UK.  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 1022 加入收藏 :
華為:加速創新勢能向產業發展動能轉化

上海2023年6月29日 /美通社/ -- 在2023 MWC 上海期間華為全球運營商Marketing與解決方案銷售部總裁劉康發表《積蓄創新勢能,數智共轉產業發展新動能》的演講。 「在通信行業,運營商一直都是數字化轉型的引領者和使能者。運營商不僅在數字化轉型過程中不斷優化、積蓄自身的創新能力,同時賦能千行百業數字化升級,已經積蓄了巨大的創新勢能。 」劉康說。 華為全球運營商Marketing與解決方案銷售部總裁 劉康 運營商使能數字化轉型已積蓄巨大創新勢能 首先,面向消費者,運營商從過去僅提供簡單的語音服務,走到今天為消費者提供泛在千兆,實現智能交互。領先的網絡基礎設施是消費數字業務服務層出不窮的基礎。 其次,面向行業,企業從辦公數字化,到營銷和客服的數字化,現在正在走向生產的數字化,遠控、AGV、PLC 等關鍵的生產應用場景被充分激發,大大提升了企業的生產效率。 劉康指出,這些成果都離不開運營商數字化轉型過程中積累的能力外溢。 攜手佈局新一輪數智化轉型,加速創新勢能向發展動能轉化 面向新一輪的數智化浪潮,華為認為,應該與運營商攜手,共同構築三個全新的數字化轉型能力。 一是基礎設施層,將ICT協同轉化為彈性整合戰略資源的能力。劉康說:「一個最直觀的表現就是聯接從現在的百兆上行、Gbps下行、雲原生等能力正在走向Gbps上行、10Gbps下行、內生智能等典型特徵的新聯接。在此基礎上,與計算能力相結合,催生出雲網協同、雲邊協同、雲端協同等新需求。 」 二是運營層,將海量數據轉化為敏捷應對複雜場景的能力。從數據聚合,轉為數據聚合+提供智能,智能的加持,讓數據在人們的生產、生活活動中的流轉速度進一步加快,使能了全流程和全業務的智慧運營,直接帶來體驗和效率的倍增,以及模式的不斷創新。 三是數字業務層,將優勢業務轉化為快速激發創新的能力。通過數字化轉型,運營商可以充分發揮SIM這個天然的入口優勢,提供更多的創新數字業務。面向未來,劉康說:「新一輪的數智化浪潮正在全面襲來,華為仍將與產業繼續攜手,持續推動數智化轉型,加速創新勢能向產業發展動能的轉化。 」 2023 MWC 上海於6月28日至6月30日在中國上海舉行。華為展區位於上海新國際博覽中心(SNIEC)N1館E10、E50展區。華為與全球運營商、行業精英、意見領袖等一起深入探討加速5G繁榮、邁向5.5G時代、數智化轉型等熱點話題;5.5G為人聯、物聯、車聯等場景帶來商業新價值,助力千行百業全面邁向智能世界。欲瞭解更多詳情,請參閱:https://carrier.huawei.com/cn/events/mwcs2023  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 2730 加入收藏 :
Building Innovation Momentum to Boost Digital and Intelligent Transformation

SHANGHAI, June 29, 2023 /PRNewswire/ -- At the day 2 of MWC Shanghai 2023, Liu Kang, president of Huawei Global Carrier Marketing & Solution Sales Dept, released "Building Innovation Momentum to Boost Digital and Intelligent Transformation" during MWC 2023 Shanghai. "In the telecommunication industry, operators have always been the leaders and enablers of digital transformation. Operators have not only continuously optimized and accumulated their own innovation capabilities during digital transformation, but also enabled digital upgrade in thousands of industries, which has accumulated huge innovation potential. "Liu Kang said. Liu Kang, Global Carrier Marketing & Solution Sales Dept of Huawei Huge Innovation Momentum Already Built for Carriers to Enable Digital Transformation First, for consumers, operators have changed from providing simple voice services to providing ubiquitous gigabit and implementing intelligent interaction. Leading-edge network infrastructure is the foundation for the emergence of consumer digital business services. Second, for the industry, enterprises are moving towards digital production from office digitalization to marketing and customer service digitalization. Key production scenarios such as remote control, AGV, and PLC are fully stimulated, greatly improving enterprise production efficiency. Liu Kang pointed out that these achievements are inseparable from the overflow of capabilities accumulated during carriers' digital transformation. A New Wave of Digital Transformation Converts Innovation Momentum into Growth To cope with the new wave of digital intelligence, Huawei believes that we should work with carriers to build three new capabilities of digital transformation. The first is the infrastructure layer, which transforms ICT collaboration into the ability to elastic integrate strategic resources. Liu Kang said, "One of the most intuitive manifestations is that connections are moving from 100 Mbit/s uplink, Gbit/s downlink, and cloud native capabilities to new connections with typical characteristics such as Gbit/s uplink, 10 Gbit/s downlink, and endogenous intelligence. On this basis, the combination of network + computing, the requirements of cloud-network synergy, cloud-edge collaboration, and cloud-device synergy are emerging. " The second is the operation layer, which converts massive data into the ability to cope with complex scenarios in an agile manner. From data aggregation to data aggregation + intelligent support further accelerates data transfer in people's production and life activities, enables smart operations throughout the entire process and business, and directly doubles experience and efficiency. And the continuous innovation of the model. The third is the digital service layer, which transforms advantageous services into the ability to quickly stimulate innovation. With digital transformation, operators can fully exploit the advantages of SIM, which is a natural entry point, and provide more innovative digital services. Facing the future, Liu Kang said: "A new wave of intelligent digital era is coming. Huawei will continue to work with the industry to continuously promote digital transformation and accelerate the transformation of innovation potential into industry development momentum." MWC Shanghai 2023 runs from June 28 to June 30 in Shanghai, China. Huawei will showcase its products and solutions at stands E10 and E50 in Hall N1 of Shanghai New International Expo Centre (SNIEC). Together with global operators, industry professionals, and opinion leaders, we dive into topics such as speeding up 5G prosperity, striding towards the 5.5G era, and intelligent digital transformation. 5.5G creates new business value in areas like connecting people, Internet of Things (IoT), and Internet of Vehicles (IoV), supporting countless industries as they move towards an intelligent world. For more information, please visit: https://carrier.huawei.com/en/events/mwcs2023.

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GAC Unveils Industry-First Innovations at GAC TECH DAY 2023

GUANGZHOU, China, June 29, 2023 /PRNewswire/ -- GAC Group, China's leading automobile manufacturer with a strong emphasis on innovation, hosted its annual flagship conference GAC TECH DAY 2023 on June 26. Themed "Evolving Technology", the event unveiled several key innovative feats and industry firsts in the field of connectivity, engine, and vehicle technology.   The event was attended by over 160 foreign and domestic media outlets and distinguished guests, including Jiang Zhitao, Vice Mayor of Guangzhou; Zeng Qinghong, Chairman of GAC Group; and Feng Xingya, General Manager of GAC Group. At the conference, GAC revealed the world's first ammonia-powered engine for passenger cars. The engine, developed by the group's in-house R&D center, achieves reliable fuel ignition with 120kW power and a 90% carbon reduction rate, offering an efficient, reliable, and low-carbon fuel alternative for the automobile industry. GAC also introduced Trumpchi E9, the industry's first passenger vehicle to use liquid hydrogen fuel. Equipped with GAC's Mega Waves Hybrid Modular Architecture, the hydrogen-powered MPV has a range of nearly 600km and travels up to 100km on 1.4kg of hydrogen. ADiGO MAGIC, a revolutionary in-car open-source software platform was also unveiled. The platform provides more than 2,000 service-oriented functions to build immediate and personalized travel scenarios for users, and will be equipped on the soon-to-be-released AION Hyper GT. Additionally, GAC also announced its GOVE (GAC On-the-Go Vertical EV), an all-electric flying vehicle. Consisting of a separable flight cabin and ADiGO PILOT-powered autonomous mobile chassis, the GOVE adopts 90% lightweight composite materials, a 3DoF flight control system, and aerospace-grade high-precision docking technology. The design ensures the GOVE can operate as a smart mobility solution in ground travel, airborne flight, and air-to-ground docking scenarios. Technology and innovation are at the core of GAC MOTOR's brand value. The technological achievements showcased at GAC TECH DAY 2023 will serve as key solutions in the brand's efforts to reach new heights in the global automobile market. GAC will continue to leverage its capabilities to develop an innovation-driven and carbon neutral future for mobility.

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