Which listed company is Wuling affiliated with?
2 Answers
It is a subsidiary of SAIC Motor. Below is relevant information about Wuling: Introduction: SAIC-GM-Wuling Automobile Co., Ltd., officially established on November 18, 2002, is a large Sino-foreign joint venture automobile company jointly formed by SAIC Motor Corporation Limited, General Motors (China) Company, and Liuzhou Wuling Motors Co., Ltd. Its origins can be traced back to the Liuzhou Power Machinery Factory established in 1958. Wuling Rongguang: Inheriting innovation, it represents a contest of foresight and decisiveness. A glance at the Wuling Rongguang reveals the vision and courage of a leader. With a 2700mm ultra-long wheelbase and an overall lengthened, widened, and heightened design, it achieves a spacious interior. Equipped with a B-series engine boasting a specific power output >50 kW/liter, it is fuel-efficient and durable. Additionally, it features a high-rigidity crumple zone front-end energy absorption design and a high-strength frame accounting for 58% of the vehicle's body, making heavy loads effortless. The Wuling Rongguang, with its substantial space, carries a grand future.
I know Wuling Motors is particularly common, especially those microvans and small electric vehicles, often referred to as 'divine cars.' I've driven a Wuling Hongguang myself, and it was quite easy to handle. As for which company is listed, Wuling itself is not an independently listed company. It's part of SAIC-GM-Wuling Automobile, a joint venture with SAIC Group as one of its major shareholders. SAIC Group is listed on the Shanghai Stock Exchange under the code 600104—you can check its stock performance, which is quite good. The collaboration with General Motors has made Wuling products very popular. As an ordinary car owner, I find it interesting to learn a bit about the company background, as it shows the quality of Wuling vehicles is reliable, given the strength of its parent company. I've also heard that Wuling has been innovative in the new energy vehicle sector, often cutting prices for promotions, which has attracted many buyers for its affordability and practicality. In short, it doesn’t hurt to learn about the parent company before buying a car, and SAIC Group's stock performance has been quite stable.