GRAZ, Austria, Nov. 21, 2025 /PRNewswire/ -- Today, GAC and Magna announced a widespread cooperation program to accelerate electric mobility and expand EV collaboration in Europe. The collaboration underscores GAC's regional commitment, extending technical cooperation, supply and sales, while highlighting Magna's leadership in vehicle manufacturing. Localized and customized collaboration of GAC's electric SUV AION V is now underway at Magna's Graz facility.
"Europe is a vital market in GAC's global development," said Wei Haigang, President of GAC INTERNATIONAL. "Partnering with Magna enables us to bring locally assembled electric vehicles to European customers that reflect GAC's values of smart technology, sustainability and craftsmanship."
Roland Prettner, President of Magna Complete Vehicles, added: "This collaboration reflects the trust automakers place in Magna's expertise. Our local resources and technical advantage could allow OEMs like GAC to realize localized development strategies efficiently and confidently."
The AION V, which earned a five-star Euro NCAP rating, debuted in Finland, Poland and Portugal. GAC plans to expand into additional European markets through new partnerships, service and sales networks.
Magna's Graz operation, known for operational excellence, is capable of producing internal combustion, hybrid and electric vehicles on shared lines. With 125 years of manufacturing experience, Magna has developed 40+ vehicle models and produced over 4 million vehicles worldwide.
Together, GAC and Magna are shaping the future of mobility by combining electrification, design and manufacturing expertise. It underscores both companies' commitment to quality, reliability and sustainable mobility across Europe and beyond.
About Magna International
Magna is one of the world's largest automotive suppliers and a trusted partner to automakers in the industry's most critical markets—North America, Europe, and China. With a global team and footprint spanning 28 countries, we bring unmatched scale, trusted reliability, and proven execution. Backed by nearly seven decades of experience, we combine deep manufacturing expertise with innovative vehicle systems to deliver performance, safety and quality.
For further information about Magna, please visit www.magna.com or follow us on social.
About GAC Group
Founded in 1997 and headquartered in Guangzhou, GAC GOURP has been on the Fortune Global 500 for 13 consecutive years. With comprehensive R&D and manufacturing, and brands including GAC, AION and HYPTEC, GAC is dedicated to intelligent, high-quality, and sustainable mobility.
For further information about GAC Group, please visit: https://www.gacgroup.com/en-eu/ or follow us on social.
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GAC Accelerates European Market Plan, Partnering with Magna to Deepen Localized Cooperation
HONG KONG, April 2, 2026 /PRNewswire/ -- The Young Financial Planners Association (YFPA) successfully held its inaugural "YFPA Financial Education Forum – Money Monkey FinEd Forum" on 28 March 2026 at CyberArena, Cyberport. The Forum marked one of the Association's flagship annual financial education initiatives and was organised in support of the territory-wide "Hong Kong Money Month" campaign led by the Investor and Financial Education Council (IFEC).
Through professional dialogue and interactive exchange, the Forum aimed to enhance public financial knowledge and promote sound financial values across different sectors of society.
The event attracted over 170 students, educators, invited guests and members of the public. The atmosphere was vibrant and highly engaging. The Forum was also broadcast live on social media platforms, enabling wider community participation. Recorded content will be developed into educational materials to further extend the social impact of financial literacy promotion.
Distinguished Host and Esteemed Panelists
In-Depth Dialogue on Five Key Financial Themes
The Forum was hosted and moderated by renowned Hong Kong media personality Mr. Stephen Chan Chi Wan, who led a dynamic roundtable discussion with four distinguished guest speakers from academia and the financial sector:
- Prof. Christina YU Wai Mui
- Mr. Francis KWOK Sze-Chi
- Prof. Amy YEUNG
- Prof. Simon LEE Siu Po
Representing expertise across academic research, market practice, economic analysis and youth education, the panel offered forward-looking insights and practical advice from multiple perspectives.
The discussion focused on five core themes:
- Savings planning and fundamentals of financial management
- Personal investment strategies and risk management
- Women's financial management and evolving consumption patterns
- Macroeconomic trends analysis
- Greater Bay Area development opportunities and youth positioning
By integrating professional theory with real-world experience, the speakers unpacked complex economic topics in an accessible and engaging manner, helping participants build a structured and practical financial mindset. The Q&A session saw enthusiastic participation from students and attendees, reflecting the Forum's high level of engagement and interactivity.
Strong Support from the Education Sector
Youth Experience the Power of Financial Knowledge Firsthand
The Forum received strong support from various schools, including Yan Chai Hospital Tung Chi Ying Memorial Secondary School and TWGHs Kwok Yat Wai College, which organised teachers and students to attend. Students were highly attentive throughout the sessions and actively participated in discussions, demonstrating strong interest in financial planning and economic issues.
The venue adopted an interactive stage format, moving beyond the traditional one-way seminar model. This setup fostered an open, relaxed and inspiring exchange environment, making financial education more relatable to young people and their daily lives.
Founder's Vision
Building Financial Literacy as a Foundation for Youth Development
Mr. Kingsley Yee, Chairman and Founder of YFPA, shared the Association's founding vision and development journey during the Forum. He emphasised that financial education goes beyond money management—it is a fundamental life skill that cultivates responsibility, planning ability and long-term vision.
"Young people who establish sound financial values and habits early in life will enhance their personal competitiveness and contribute to overall economic stability and sustainable development in society," he said.
YFPA will continue to promote financial literacy through diversified programmes and cross-sector collaborations, benefiting more young people and families in the years ahead.
Continuing to Advance Financial Literacy in Society
Founded in 2022, YFPA is a charitable institution exempt from tax under Section 88 of the Inland Revenue Ordinance. The Association is dedicated to enhancing youth financial literacy as its core mission. In recognition of its contributions and achievements in youth financial education, YFPA was honoured with the "Investor and Financial Education Award" by the IFEC in 2024 and 2025.
The successful launch of the inaugural Financial Education Forum marks a significant milestone in YFPA's journey to promote financial literacy. Moving forward, YFPA will continue responding to societal needs by advancing financial knowledge that is accessible, professional and youth-oriented, nurturing a new generation equipped with strong financial capabilities.
Event Details (Completed Event)
Event Name: YFPA Financial Education Forum – Money Monkey FinEd Forum
Date: Saturday, 28 March 2026
Venue: CyberArena, Cyberport (Cyberport Arcade, 100 Cyberport Road, Pok Fu Lam, Hong Kong)
Number of Participants: Over 170
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YFPA Successfully Hosts Inaugural Financial Education Forum Over 170 Participants Join to Promote Financial Literacy Across the Community
