The overall listing of components entered SAIC Motor Group

The reporter learned from Shanghai Automotive Group that on August 14th, the bus reorganization plan was settled, and the parts assets of SAIC will be listed on the bus through the shares of the company. The largest listed auto parts company in the country will also be born.

Build China "Delphi"

“We injected parts and components assets into the bus shares, which means that SAIC’s parts and components companies will become neutral enterprises and will no longer have strong SAIC imprints so that these companies can serve companies other than SAIC and achieve greater development.” SAIC Motor Chairman Hu Maoyuan expressed this.

From the words of Hu Maoyuan, it is not difficult to see a strong signal that the future relationship between SAIC and backdoor bus shares may be similar to the relationship between GM and Delphi, Ford and Visteon Hu. Delphi was detached from GM in 1999 and listed on the New York Stock Exchange independently, becoming the world's largest supplier of automotive parts.

The reporter also learned that after the completion of the reorganization, the bus shares will have a mature independent supply of auto parts business under SAIC Motor’s subsidiary, covering the interior and exterior trim, functional assembly and thermal processing business segments.

Wu Tao, an automotive industry analyst at China Merchants Securities, told reporters: “The competition in the auto parts industry is becoming increasingly fierce. It is developing from a labor-intensive industry to a high-tech industry, especially with respect to the development of core technologies. Listing can provide strong financial support for SAIC."

Create "International Automobile Group"

SAIC has always been committed to building China’s largest “car carrier”

At the end of 2006, SAIC Motors achieved overall listing by injecting all vehicle assets into Shanghai Automotive (600104), and the domestic carrier "aircraft carrier" was born.

At the end of 2007, under the impetus of the State-owned Assets Supervision and Administration Commission of the State Council and the National Development and Reform Commission and other relevant departments, the "Southern Cooperation" was abandoned and the domestic "aircraft carrier" was born.

The SAIC Auto Parts Shell Bus Co., Ltd., which has been finalized, has been listed on the stock market, creating a strategy for the independent development of SAIC's independent supply of components and parts. As early as 2006, when SAIC Motor was listed on the market as a whole, it laid its ground. In 2006, SAIC Group injected its entire vehicle business into Shanghai Automotive through major asset restructuring, and at the same time, it also separated some independent supply component companies from Shanghai Automotive.

Insiders pointed out that China is still the world's largest auto market potential, after-sales maintenance market demand for parts will continue to grow, the demand for after-sales maintenance market will be a relatively stable market demand, in addition, China's auto parts cost advantage, The entire vehicle manufacturer is urged to increase the procurement of domestic parts and components. At present, the export advantages of domestic auto parts and components are also showing a growing trend. The overall listing of the parts and components assets has allowed SAIC to take a big step toward this dream.

Our Ganland factory has many spare parts for the wing body trucks, including the over center lock latches, bottom door hinge, spring boosters etc. For the over center fasteners, we have the weld-on type, bolt-on type with spring and hook. For the hinges, we have stamping hinge with five holes or three holes, also we have die casting hinge with left and right parts. For the spring booster, ours has 15kgs and strong spring and high quality hardwares, so it can help to lift closing and opening the side door which has more than 200kgs by hand without much laborious. 

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Jiaxing Ganland Auto Parts Co., Ltd. , http://www.ganlandparts.com