What is the financial appreciation limit of SAIC?
Residual value. SAIC's financial added value quota refers to the value created by enterprises or individuals in the process of production and operation, and the residual value after deducting the value difference of goods and services purchased from sales in the current period. Shanghai Automotive Group Finance Co., Ltd. is a non-bank financial institution affiliated to Shanghai Automotive Group Co., Ltd., which was established in Shanghai in May. 1994. It was established by Shanghai Automobile Group Co., Ltd. and Shanghai Automobile Industry Sales Co., Ltd. with a capital contribution of 98.999% and 1.00 1% respectively.