2024 First Quarter Report (Revised Draft)
Corrections to the 2024 First Quarter Report
2023 ANNUAL REPORT (REVISED)
ST Shanghai Science and Technology Report for the First Quarter of 2024 (Revised Edition)
“MPV Brother” joins the new energy battle
Reclaim lost ground.
SAIC has solved India's dilemma
Author | Zhou Zhiyu The Indian market is a popular place for global car companies to invest and build factories, but very few can stand firm in the local market. SAIC Motor Group, on the other hand, wanted to eat this tempting piece of “cake.” SAIC Motor Group announced on April 7 that it has received 26.5 billion rupees of equity transfer payments from Indian steel giant JSW Group. This means that its cooperation in introducing local investors in India has been implemented, and SAIC Motor can also make a net profit of at least 5 billion yuan through transactions. As cooperation was further implemented, SAIC Motor did not lose control of its Indian subsidiary. SAIC has cleverly adopted voting rights arrangements to maintain itself and is still the largest of MG India