Is SAIC a joint venture or a domestic enterprise?

SAIC is a joint venture. Introduction of SAIC: SAIC is the largest automobile listed company in the domestic A-share market. By the end of 20 13, the total share capital of SAIC had reached 1 10 billion shares. Although SAIC-GM-Wuling is a joint venture company, it only produces and sells cars of domestic brands "Wuling" and "Baojun" and does not produce and sell cars of foreign brands, which is also the difference between SAIC-GM-Wuling and other joint ventures. 2.SAIC subsidiaries: At present, SAIC subsidiaries mainly include SAIC Passenger Car Company, SAIC Datong Automobile Co., Ltd., Shanghai Volkswagen Co., Ltd., Shanghai General Motors Co., Ltd., SAIC-GM-Wuling Automobile Co., Ltd., Nanjing Iveco Automobile Co., Ltd., SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. and Shanghai Shenwo Bus Co., Ltd.