According to the Tianyancha App, recently, Shanghai Automobile Industry Sales Co., Ltd. underwent business changes, and the registered capital increased from about RMB 4.28 billion to about RMB 4.68 billion. The company was founded in January 1993, and its legal representative is Wang Zemin. Its business scope includes automobile sales, motorcycle and spare parts retail, NEV vehicle sales, and sales of electric accessories for new energy vehicles. According to shareholder information, the company is wholly owned by SAIC Motor Group Co., Ltd.

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