SAIC subsidiary invests in new energy and advanced manufacturing fund

SAIC Motor Corporation Limited announced that its wholly-owned subsidiary, SAIC Motor Gold Control Management, plans to co-establish Ningbo Yongyuan Juncheng Equity Investment Partnership (Limited Partnership) with several partners, including Zhejiang Caitong and Ningbo Yongyuan. The fund's initial committed capital is RMB 1.09 billion, with SAIC Gold Control contributing RMB 270 million, representing a 24.8% stake. The partnership aims to invest in new-generation information technology, high-end equipment, and new energy vehicles.

The fund's investment scope includes intelligent electric vehicle industrial ecosystems and related upstream and downstream technology manufacturing sectors. SAIC Gold Control's investment aligns with SAIC Motor's innovation and transformation strategy, leveraging industrial investment to accelerate the formation of new quality productive forces.

SAIC Motor also reported its November 2025 production and sales figures, with total vehicle production of 463,300 units and sales of 460,818 units. New energy vehicle production reached 207,168 units, with sales of 209,401 units, marking significant year-on-year growth. The company's cumulative production and sales for 2025 have reached 4,222,198 units and 4,108,067 units respectively.