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