Shareholding Ratio of SAIC-GM-Wuling?

[DelJulianna]

According to the currently disclosed equity information, in SAIC-GM-Wuling Automobile Co., Ltd., SAIC holds 50.1% of the shares, General Motors holds 44%, and Wuling holds 5.9%. Among these, the 10% equity of General Motors Investment Co., Ltd. was acquired through a paid transfer from Wuling, as Wiling intended to shift its focus to passenger vehicle production. Company Profile: Officially established on November 18, 2002, SAIC-GM-Wuling Automobile Co., Ltd. (abbreviated as SGMW) is a large Sino-foreign joint venture automobile company jointly formed by SAIC Motor Corporation Limited, General Motors (China) Investment Co., Ltd., and Liuzhou Wuling Automobile Co., Ltd. Shareholding Ratio: In terms of shareholding ratio, although General Motors holds 44% of the shares, the Chinese side holds the dominant position, with SAIC alone accounting for 50.1% of the shares, which can be considered as absolute control. Moreover, in terms of management, the organizational structure remains unchanged, maintaining the original operational model of SAIC-GM-Wuling, and it remains a Chinese-led joint venture.