China
Shanghai Automobile Import & Export Co.,Ltd.
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Automobile
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Description
Shanghai Automotive Group Co., Ltd. ("SAIC Group", stock code 600104), as a leading domestic automotive listed company, strives to grasp the industry development trend and accelerate the innovation and transformation. It is moving from a traditional manufacturing enterprise to providing consumers with mobile Integrated supplier development of travel services and products. At present, the main business of SAIC Group includes the research and development, production and sales of complete vehicles (including passenger vehicles and commercial vehicles). It is actively promoting the commercialization of new energy vehicles and Internet vehicles, and conducting research and industrialization exploration of intelligent driving technologies. ; R&D, production and sales of parts (including power drive systems, chassis systems, interior and exterior trim systems, as well as core components and smart product systems for new energy vehicles such as batteries, electric drives, power electronics, etc.); logistics, automotive e-commerce, travel Mobile travel services such as services, energy saving and charging services; automobile-related finance, insurance and investment businesses; overseas operations and international commerce businesses; and actively deploy in the fields of industrial big data and artificial intelligence.
The main vehicle companies affiliated to SAIC include SAIC Passenger Vehicle Branch, SAIC Maxus, SAIC Volkswagen, SAIC GM, SAIC GM Wuling, Nanjing Iveco, SAIC Iveco Hongyan, Shanghai Shenwo, etc.
In 2019, SAIC Motor sold 6.238 million complete vehicles throughout the year, with a domestic market share of 22.7%. While continuing to maintain its leading advantage in the domestic automotive market, it achieved sales of 185,000 new energy vehicles, a year-on-year increase of 30.4%, continuing to maintain a relatively fast pace Growth momentum; realized the export of complete vehicles and overseas sales of 350,000 units, a year-on-year increase of 26.5%, ranking first among domestic auto groups. In August 2020, SAIC Motor’s consolidated sales revenue of US$122.071.4 billion for the previous year ranked 52nd in the Fortune 500 list. It has been included in the top 100 list for 7 consecutive years and is among the global auto companies on the list. Ranked 7th.
Looking to the future, SAIC will firmly grasp the general direction of scientific and technological progress, the general pattern of market evolution, and the general trend of industry changes, and continue to deepen the "New Four Modernizations" strategy of "electricity, intelligent network connection, sharing and internationalization". While striving to improve performance, in-depth deployment and promotion of the construction of the innovation chain, in the process of restructuring the global automotive industry value chain, strive to seize advantageous positions and commanding heights, accelerate business transformation and upgrading, and become a world-class with global competitiveness and influence The goal of auto companies is striding forward.
The main vehicle companies affiliated to SAIC include SAIC Passenger Vehicle Branch, SAIC Maxus, SAIC Volkswagen, SAIC GM, SAIC GM Wuling, Nanjing Iveco, SAIC Iveco Hongyan, Shanghai Shenwo, etc.
In 2019, SAIC Motor sold 6.238 million complete vehicles throughout the year, with a domestic market share of 22.7%. While continuing to maintain its leading advantage in the domestic automotive market, it achieved sales of 185,000 new energy vehicles, a year-on-year increase of 30.4%, continuing to maintain a relatively fast pace Growth momentum; realized the export of complete vehicles and overseas sales of 350,000 units, a year-on-year increase of 26.5%, ranking first among domestic auto groups. In August 2020, SAIC Motor’s consolidated sales revenue of US$122.071.4 billion for the previous year ranked 52nd in the Fortune 500 list. It has been included in the top 100 list for 7 consecutive years and is among the global auto companies on the list. Ranked 7th.
Looking to the future, SAIC will firmly grasp the general direction of scientific and technological progress, the general pattern of market evolution, and the general trend of industry changes, and continue to deepen the "New Four Modernizations" strategy of "electricity, intelligent network connection, sharing and internationalization". While striving to improve performance, in-depth deployment and promotion of the construction of the innovation chain, in the process of restructuring the global automotive industry value chain, strive to seize advantageous positions and commanding heights, accelerate business transformation and upgrading, and become a world-class with global competitiveness and influence The goal of auto companies is striding forward.
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