Chen Hong Shen Jianhua Wang Xiaoqiu Gu Feng Hu Maoyuan Zhao Fenggao
Independent Directors:
Chen Bulin Duan Qihua Xie Rong
Summary:
Shanghai Automotive Co. Ltd. (SAIC) is engaged in the manufacture of automobiles and automobile parts. In Sept 2007 the company announced that it had completed an asset reorganization and stock listing, upon which its main business shifted from the manufacture and sale of automobile parts to assembled cars of original design.
Pursuant to resolutions of the 3rd 2007 Extraordinary General Meeting of Shareholders, the company will provide a joint liability guarantee on a one-year RMB 40 mln working capital loan with Bank of
