Company Profile For SAIC Motor Corporation Limited

SAIC Motor Corporation Limited is principally engaged in the production and distribution of motor vehicles, mechanical equipment, assembly and related components. The Company's major products include automobiles, motorcycles and tractors. The Company's automobile parts include power transmission systems, chassis and automobile electronic apparatus. During the year ended December 31, 2008, the Company distributed approximately 1.73 million cars in domestic market, including 1.03 million passenger cars and 708,000 business cars. The Company also provides financial services. The Company distributes its products within domestic market and to overseas markets.

BRIEF: For the nine months ended 30 September 2009, SAIC Motor Corporation Limited's total revenues increased 22% to RMB99.61B. The Company's net income for the period rose 79% to RMB3.97B. Revenues reflect an increase in sales volume due to favorable market demand. Net income for the period also benefited from a higher gross profit margin, dropped general & administrative expense, as well as increased investment income.