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SAIC Motor

Company Description

SAIC Motor Corporation Limited (“SAIC Motor” for short, stock code 600104) is the largest automotive corporation listed on the A-Shares market in China. The history of the company can be traced back to 1950s’. By the end of 2012, the total stock of SAIC motor has reached 11 billion shares. The current main businesses of SAIC Motor cover the R&D, manufacturing, and sales of whole-vehicles (including passenger and commercial vehicles), spare parts (including engines, transmissions, powertrain, chassis, interior and exterior trim, electronic appliances, etc.), as well as auto financing, logistics, vehicle information, second-hand cars, and other car service and trading business.In 2012, SAIC Motor sold 4.49 million units of whole-vehicles with a year-on-year growth of 12%, maintaining its leading edge on the domestic automotive market of China. With its consolidated sales revenue of 67.254 billion USD for the previous year, SAIC Motor was listed among Fortune 500 for the eighth time at the No.130th position, 21 positions up than in 2011.

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