SAIC MOTOR(SH:600104) Zhong Guo Neng Yuan Wang·2025-10-23 01:47Core Viewpoint - The establishment of SAIC Forward Automotive Technology (Shanghai) Co., Ltd. indicates SAIC Group's strategic expansion into the automotive technology sector, particularly focusing on new energy vehicles and related services [1] Company Summary - SAIC Forward Automotive Technology (Shanghai) Co., Ltd. has been recently established with a registered capital of 20 million RMB [1] - The legal representative of the company is Yang Wei [1] - The company is wholly owned by SAIC Group (600104) [1] Business Scope - The business scope includes automotive sales, new energy vehicle sales, software development, second-hand car brokerage, import and export of goods, technology import and export, sales of new energy vehicle electrical accessories, and sales of intelligent power distribution and control equipment [1]