SAIC Motor to set up new company to run its R brand
                                On October 30, SAIC Motor Corporation Limited (SAIC Motor) announced that it plans to set up a new company.
The registered capital of the new company is alleged to be CNY 7 billion. SAIC Motor contributes CNY 6.65 billion, accounting for 95% of the shares. Employees contribute CNY 0.35 billion, accounting for 5% of t....
                            The registered capital of the new company is alleged to be CNY 7 billion. SAIC Motor contributes CNY 6.65 billion, accounting for 95% of the shares. Employees contribute CNY 0.35 billion, accounting for 5% of t....
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