[GAC Launches "Brazil Initiative" with Simultaneous Launch of Five New Models] On May 23, the GAC Group's Brazil Brand and New Model Launch Ceremony was held in São Paulo, Brazil. GAC announced the first substantive implementation plan of its "One GAC 2.0" globalization strategy in Latin America - the "Brazil Initiative" - and launched five new models: AION V, AION Y, HYPTEC HT, GS4 HYBRID, and AION ES. As of now, GAC has established 33 dealerships in Brazil, covering major cities across the country, with a market coverage rate exceeding 95%.