Guangxi Shuangying Group is aiming for an IPO, with annual income of 2 billion, relying on major client SAIC Group.

In 2024, the retail sales of automotive consumer goods in our country reached 5 trillion yuan, accounting for 10.31% of the total retail sales of social consumer goods nationwide, becoming an important component of resident consumption. The auto industry, as one of the pillar industries of economic development, has formed a huge industry cluster covering multiple fields such as Steel, Energy, Machinery, electronic services, and finance around downstream vehicle manufacturers. Since the beginning of this year, several automotive industry chain companies such as Huitong Holdings (603409.SH), Yutian Guanjia (301173.SZ), and Huangshan Gujie (301581.SZ) have successfully been listed on the A-shares. In addition, Zhejiang Huayuan (

Gelonghui FinanceMar 24 05:48 ET

SAIC Motor Corporation (600104.SH): Multiple subsidiaries have connected to DeepSeek.

On March 21, Gelonghui reported that SAIC Motor Corporation Limited (600104.SH) stated on the investor interaction platform that several subsidiaries of SAIC Motor have accessed DeepSeek to explore the enhancement of Business Operations and user experience through AI empowerment. In the future, the company will accelerate the deep integration of AI technology with the entire business chain, continuously improving operation efficiency and product service experience.

Gelonghui FinanceMar 21 04:24 ET

In February, the auto market welcomed a "small spring": the sales of 12 listed in Hong Kong and A-share companies all saw year-on-year growth.

① The data from the Passenger Vehicle Association on March 10 shows that retail sales of passenger vehicles in February reached 1.386 million units, a year-on-year increase of 26.0%; the cumulative retail sales for January and February this year reached 3.179 million units, a year-on-year increase of 1.2%. ② According to statistics from financial reporters, the sales of 12 A/H listed auto companies in February all achieved year-on-year growth. Among them, BYD, Xpeng Motors, LEAPMOTOR, and BAIC BluePark New Energy Technology achieved multiple growth.

cls.cnMar 10 06:29 ET

Here's Why SAIC Motor (SHSE:600104) Has A Meaningful Debt Burden

Simply Wall StMar 4 19:33 ET

Research Reports on Investment Opportunities | Orient: Maintain a "Buy" rating for SAIC Group, Target Price 21.4 yuan.

Orient's Research Reports point out that SAIC Motor Corporation (600104.SH) had a terminal sales volume of approximately 0.306 million vehicles in February, which is nearly 0.011 million vehicles higher than the wholesale sales in February. The initial effects of the reforms are apparent, with significant year-on-year growth in February sales of domestic brands, as well as impressive performances in Electric Vehicles and overseas markets. From the sales figures of the first two months, the reforms in the SAIC self-owned Sector have begun to show results. As the company continues its self-reform and cooperation with Huawei, it is expected that the sales volume and brand influence of domestic brands will continue to rise. Regarding new cars, the new Touareg Pro debuted on February 17 and is expected to be launched in March; the new Cadillac CT5 will be launched on March 1.

Gelonghui FinanceMar 3 02:29 ET

SAIC Motor Group Production and Sales Report for February 2025

SZSIMar 2 11:00 ET · Announcements

Express News | SAIC Motor Feb Vehicle Sales Volune up 41.9% Y/Y at 294,942 Units

ReutersMar 2 03:12 ET

The American "god car" has unleashed its ultimate weapon.

Jump squat.

wallstreetcnFeb 28 01:35 ET

Express News | India Says Kia Changed Car Import Classification After Tax Investigation in Similar Case as VW -Court Papers

ReutersFeb 26 03:58 ET

Express News | India Says Volkswagen Is Only Automaker to Wrongly Classify Car Imports for 12 Years to Evade $1.4 Bln in Tax -Court Papers

ReutersFeb 26 03:58 ET

SAIC has left room for Huawei at its side.

Everyone finds their rightful place.

wallstreetcnFeb 25 04:06 ET

China Automobile Association: In January, the top ten enterprises (groups) in Autos sales sold a total of 2.053 million vehicles.

According to Statistics analysis by the China Automotive Industry Association, in January 2025, the top ten companies (groups) in terms of auto sales sold a total of 2.053 million vehicles, accounting for 84.7% of the total auto sales.

Zhitong FinanceFeb 24 06:39 ET

Market Chatter: SAIC Motor Partners With Huawei to Develop Smart EVs

MT NewswiresFeb 23 21:29 ET

SAIC "joins hands" with Huawei to create the New energy Fund brand "Shangjie".

"Shangjie" brand may focus on the market of 0.15 million to 0.25 million yuan. Analysis suggests that this deep cooperation between SAIC and Huawei is a "strong alliance." SAIC will leverage Huawei's intelligent technology to accelerate its own transformation and upgrade; Huawei will rely on SAIC's manufacturing strength and market experience to further expand its influence in the Smart Automobile sector.

wallstreetcnFeb 21 07:10 ET

SAIC Announces Deal With Huawei to Jointly Make NEVs

CnEVPostFeb 21 03:18 ET

Express News | China's SAIC: To Carry Out Strategic Cooperation With Huawei on Manufacturing, Supply Chain Management and Sales

ReutersFeb 21 02:36 ET

Open Source Securities: Create popular models with benchmarking follow-up and differentiated leading strategies. Recommended SAIC Motor Corporation (600104.SH) and others.

Open source securities recommend leading advantage car companies and related industry chain symbols.

Zhitong FinanceFeb 21 01:13 ET

Market Chatter: SAIC Motor Reshuffles Workforce; Shares Down 3%

MT NewswiresFeb 21 00:02 ET

Cui Dongshu: In January, the national Autos market showed a divergent trend, with strong performance in passenger cars and weak performance in commercial vehicles.

At the end of January 2025, a new round of subsidy policies will be implemented, and the previously suppressed demand for car purchases will be released in a concentrated manner before the New Year, resulting in retail sales in January ultimately exceeding previous expectations.

Zhitong FinanceFeb 20 17:42 ET

Market Chatter: SAIC Motor, Huawei Partner to Launch Budget EV Brand

MT NewswiresFeb 18 00:49 ET