Guangzhou Automobile Group Co., Ltd. (SEHK:2238) held the 15th session of the 4th directorate meeting on January 21, 2016, which discussed and approved the "Proposal of A2A Project of Guangzhou Automobile Group Motor Co., Ltd, the "Proposal of GAC Motor Transferring 10% of Equity of Changfeng Liebao Automobile Co., Ltd." and the "Proposal of Continuous Connected Transactions”.