According to the Tianyancha App, Shanghai Automobile Industry Co., Ltd. recently underwent business changes. Wang Xiaoqiu stepped down as legal representative and chairman, and Mei Hongwei took over as legal representative and director. The company was founded in December 1997 with a registered capital of about 1.74 billion yuan. Its business scope is investment, management, development, domestic trade and consulting services in the automobile, tractor and motorcycle industries, and is wholly owned by Shanghai Automobile Industry Co., Ltd.

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