May 30, 2022 04:00 PM (GMT+8) · EqualOcean
SAIC announced that SAIC financial holding, a wholly-owned subsidiary, plans to jointly invest with high-speed investment, new power technology, Shangqi capital, shangao Beiyin and Qisu consulting to establish "Shandong Shangqi mountain high tech power equity investment fund partnership (limited partnership)". The fund investment focuses on the automotive industry chain, focusing on the automotive new energy field (including drive motor and power battery), hydrogen fuel cell industry chain, engine post-processing Auxiliary driving and automatic driving, automotive electronics and semiconductors, automotive new materials and other fields. The total subscribed capital contribution of the fund was 807million yuan, of which SAIC financial holding subscribed 199million yuan, holding 24.66% of its shares.