[Shanghai Automotive Industry Corporation (Group)]PUBG Corporation

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  As one of the top 3 automotive corporations in China, Shanghai Automotive Industry Corpora-tion(Group)("SAIC" for short) is mainly engaged in manufacturing, sales, research and devel-opment, and investment in passenger cars, commercial vehicles and components, as well as related services trade and financial business, In 2006,SAIC topped the Chinese automotive groups for a sales volume of over 1.34 million units of vehicles, of which 91,000 are passenger cars and42,900 commercial vehicles. The company also entered the Fortune Global 500 list for its revenue of US $14.36 billion.

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