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Which one is better, GAC Group or China Mobile?
Different industries cannot be compared.
The cooperation between Guangzhou Automobile Group (601238) and China Mobile can be described as a strong alliance. On November 23, 2017, GAC Group and China Mobile signed a "Strategic Cooperation Framework Agreement" (referred to as the "Cooperation Agreement"). The two parties will carry out comprehensive cooperation in four major areas, including 4G, 5G, basic communications and joint marketing. At the same time, China Mobile will also establish a four-level service technical support team for GAC Group at headquarters, province, city and county.
GAC Group is composed of Guangzhou Automobile Industry Group, Wanxiang Group Company, China National Machinery Industry Corporation (formerly China National Machinery Equipment (Group) Company), Guangzhou Iron and Steel Enterprise Group Co., Ltd., and Guangzhou Changlong Hotel Co., Ltd. As a co-initiator, it was established by sponsorship. China Mobile Communications Corporation is China's largest mobile communications operator, mainly engaged in mobile voice, data, IP telephony and multimedia services.
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