SAIC Motor Sales Company Capital Increase to Approximately 4.68 Billion Yuan

36Kr learned from Tianyancha App that recently, Shanghai Automotive Industry Sales Co., Ltd. underwent a business registration change, with its registered capital increasing from approximately 4.28 billion yuan to about 4.68 billion yuan. Established in January 1993, the company's legal representative is Wang Zemin, and its business scope includes automobile sales, retail of motorcycles and parts, new energy vehicle whole vehicle sales, new energy vehicle electrical accessory sales, and more. Shareholder information shows that the company is wholly owned by Shanghai Automotive Industry Group Co., Ltd.