"Half of the future automotive chips will be replaced by Gree products" clarified by GAC.

On January 20, GAC Group responded to the matter of "50% of automotive chips being replaced by Gree products" by stating that the related online rumors are not true. If there are any specific developments in cooperation in the future, the company will release the information through official channels in a timely manner. Five days ago, GAC Group's Chairman Feng Xingya led a team to visit Gree Electric Appliances, and discussed the integration of 'people, cars, and homes' smart ecological development with Dong Mingzhu and the management team, exploring industry synergy. During the visit, Feng Xingya introduced a model named Haobo, stating that one version of the car has 1004 chips, and the intellectual property rights of these chips are all Chinese. Dong Mingzhu said, "In the future, 500 of them will be mine." Feng Xingya responded by stating that the next step is to strive to install Gree's automotive chips on the car.