600104 SAIC Motor Corporation
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SAIC Motor Corporation News
Market Chatter: SAIC Motor Appoints New Head of MG Brand
Express News | Faw-VW, SAIC-VW Sold a Combined 269,834 Passenger Vehicles in China in November- China Auto Industry Body Cpca
There's No Escaping SAIC Motor Corporation Limited's (SHSE:600104) Muted Earnings Despite A 31% Share Price Rise
Cosco Shipping Holdings subscribed 1 billion yuan to subscribe for 10% equity of Anji Logistics.
COSCO Shipping Holdings (01919) announced that on December 6, 2024, the company entered into a capital increase agreement and a shareholder agreement with Anji Logistics, Shanghai International Port, and the current shareholders of Anji Logistics. According to the capital increase agreement, the company and Shanghai International Port agreed to contribute 1 billion yuan (approximately 1.083 billion Hong Kong dollars) respectively in accordance with the terms and conditions of the capital increase agreement, and to subscribe to an additional registered capital of 75 million yuan (approximately 81.2392 million Hong Kong dollars) in Anji Logistics. Before the completion of the capital increase, the group did not hold shares in Anji Logistics. After the completion of the capital increase, the group will hold 10% of the shares in Anji Logistics.
SAIC Group (600104.SH): SAIC's new generation solid state battery is based on the technical route of polymer-inorganic composite electrolyte.
On December 6, Glonghui reported that SAIC Motor Corporation (600104.SH) stated on the interactive platform that the new generation solid state battery developed by SAIC is based on a polymer-inorganic composite electrolyte technology route.
Market Chatter: General Motors Says JV With SAIC Remains Closer Despite Looming Restructuring
SAIC Motor (SHSE:600104) Has A Somewhat Strained Balance Sheet
Wisdom Share (301600.SZ): SAIC has always been the company's largest customer, with SAIC's revenue accounting for 38.77% in 2023.
On December 3rd, Glonghui reported that Huihan Co., Ltd. (301600.SZ) stated in its investor relations that in 2023, SAIC accounted for 38.77% of its revenue, and SAIC has always been the company's largest customer. For many years, SAIC has been the largest auto manufacturer in the country and has also moved early in the layout of intelligent connected autos, with its first intelligent connected auto project designated to Huihan and entering mass production. The company has also maintained a good and stable cooperative relationship with SAIC over the years, and SAIC highly recognizes the company's technical strength.
SAIC Motor Group Production and Sales Report for November 2024
SAIC Group (600104.SH): The total vehicle sales volume in November was 0.4788 million vehicles, a year-on-year decrease of 7.06%.
Gelonghui reported on December 2nd that SAIC Motor Corporation (600104.SH) announced that the total vehicle sales in November 2024 were 478,800 units, a year-on-year decrease of 7.06%; the cumulative sales were 3.53 million units, a year-on-year decrease of 19.48%. Among them, the sales of new energy fund vehicles in November were 174,900 units, a year-on-year increase of 16.06%; the cumulative sales were 1.08 million units, a year-on-year increase of 19.53%. The sales of exports and overseas bases in November were 94,200 units, a year-on-year decrease of 20.05%; the cumulative sales were 937,500 units, a year-on-year decrease of 12.13%.
Express News | SAIC Motor Nov Vehicle Sales Volune Down 7.1% Y/Y
November electric vehicle delivery report: BYD's electric vehicle sales exceeded 0.5 million, Xiaopeng broke through 0.03 million for the first time, and Chongqing Sokon Industry Group Stock saw a year-on-year sales growth of 54.58%.
Last month, the delivery volume of the Xiaomi SU7 continued to exceed 20,000 units, and Xiaomi expressed confidence in achieving the new delivery target of over 130,000 units for the year.
Market Chatter: SAIC Motor, Volkswagen Extend China JV to 2040
Market Chatter: BYD, SAIC Motor Ask Suppliers to Cut Prices as China's Price War Escalates
Express News | Volkswagen: Number of SAIC Volkswagen Locations Already Converted to EV Production, in Individual Cases Economic Alternative Solutions Being Examined
Express News | Exclusive-VW and SAIC to Jointly Roll Out 18 New Models by 2030, Sources Say
Express News | Exclusive-VW and SAIC to Extend Partnership by a Decade to 2040, Sources Say
SAIC Group (600104.SH): did not invest in More Thread.
Gelonghui, November 22nd - SAIC Motor Corporation Limited (600104.SH) stated on the interactive platform that the company has not invested in or acquired Morline Technology.
SAIC Motor Corporation (600104.SH): Participating in the investment of lithium companies through market-oriented funds.
Gelonghui reported on November 22 that SAIC Group (600104.SH) stated on the interactive platform that it participates in investing in lithium enterprises through a market-oriented fund.
SAIC Motor Corporation (600104.SH): The IM AD 3.0 system is jointly developed by Zhiji Autos and Momenta.
GLEAGLE November 22nd | SAIC Group (600104.SH) stated on the interactive platform that the IM AD 3.0 system was jointly developed by Zhiji Autos and Momenta, and the company has independent control ability over the related technology.
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