SAIC has been sticking to the principle of equal concentration on independent R&D and global cooperation. Thus, the company boasts different lines of products in SGM, SVW, SSANGYONG, SGMW and Sunwin through strengthened strategic partnership with global OEMs like VW and GM on one hand, and has launched Roewe brand and its 750 model through integration of resources and accelerated technological innovation on the other. The situation has been formed where joint venture and self-owned brands get into simultaneous growth.
SAIC has established its own production bases not only in Shanghai, but also in Liuzhou, Yantai, Shenyang, Qingdao, and Yizheng; it directly manages Ssangyong Motor in Korea as a 51.16% shareholder and holds 10% of GM Daewoo equity; it has set up branches in the US, Europe, Hongkong, Japan and Korea.Besides direct operations in auto components, service and trade businesses, SAIC injected its vehicle business into Shanghai Auto (Holdings) Co., Ltd. (“SAC” for short) in Oct. 2006 where it holds 83.83% of the equity. Currently, SAC is one of the biggest automotive companies on domestic A-share market.
SAIC’s core values: S-Satisfaction from customer, A-Advantage through innovation, I-Internationalization in operating, C-Concentration on people. With opportunities emerging from the rapid growth of Chinese auto market, SAIC is devoted to becoming a corporation of industrial investment and business operation that integrates advanced manufacturing and modern service businesses. SAC will spare no effort to become a blue chip company with core competitiveness and international operation capability.
Address: No 489,WeiHai Road Shanghai
Tel:021-22011688
Fax:021-22011188
Postcode:200041
For detail, please visit: http://www.saicgroup.com