上汽集团创新研究开发总院

SAIC Motor Passenger Vehicle Company (hereinafter referred to as the 'Company') is a wholly-owned subsidiary of SAIC Motor Corporation Limited, primarily responsible for the research and development, manufacturing, and sales of Roewe and MG brand vehicles. The Company has four manufacturing bases in Shanghai Lingang, Jiangsu Yizheng, Nanjing Pukou, and Longbridge, UK, as well as three R&D centers in Shanghai, Nanjing, and the UK, currently employing approximately 6,000 staff. The Technical Center of SAIC Motor Passenger Vehicle Company (hereinafter referred to as the 'Technical Center'), as the main entity for SAIC Motor's proprietary brand product R&D, undertakes the development of multiple vehicle models including mid-to-high-end, mid-range, RV, compact, and small cars. The Technical Center will comprehensively advance SAIC Motor's proprietary brand and internationalization strategy, build a superior team, and form core competitiveness. Since December 2006, the Company has successively launched a series of models such as Roewe 750, Roewe 550, MG 7, MG 3, and MG TF, which have been recognized and favored by consumers nationwide. The Company plans to complete a multi-platform, full-series product layout by 2010, thereby forming a wide-range product line covering various market segments of mainstream passenger vehicles, in sync with international automotive technology development trends. Leveraging the technological, manufacturing, procurement, marketing, and management advantages accumulated over more than 20 years of joint ventures and cooperation, the Company will creatively integrate global superior resources with an international perspective, meet consumers' high-end needs with high-quality products and services, and build a Chinese automotive force with an excellent international cooperation team, becoming an indispensable force in the global automotive industry. While strengthening its traditional vehicle business, the Company is actively researching new energy vehicles in response to the development trend of electrified and diversified energy powertrain systems. It has established the industrial development goals of hybrid and pure electric vehicles. To this end, in January 2009, it established Shanghai Jieneng Automotive Technology Co., Ltd., focusing on the development of new energy electric vehicle business, committed to developing oil-electric hybrid and pure electric drive technologies that gradually replace traditional internal combustion engine technology, mainly including the development of hybrid and electric vehicle powertrain systems, control integration, and electric drive transmissions. The Company plans to invest 2 billion RMB in key technology R&D for hybrid and pure electric vehicles.