--- title: "As the joint venture agreement is about to expire, SAIC-GM releases key signals" type: "News" locale: "en" url: "https://longbridge.com/en/news/278407157.md" description: "At the 2026 SAIC-GM Dealer Partner Summit, General Manager Lu Xiao revealed that both shareholders have approved a series of investment plans, firmly supporting SAIC-GM's medium to long-term strategic development, with a focus on the Buick and Cadillac brands, increasing resource investment, and promoting the rapid implementation of competitive products and technologies to achieve high-quality, sustainable long-term development" datetime: "2026-03-09T14:14:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278407157.md) - [en](https://longbridge.com/en/news/278407157.md) - [zh-HK](https://longbridge.com/zh-HK/news/278407157.md) --- # As the joint venture agreement is about to expire, SAIC-GM releases key signals According to reporters, at the recent 2026 SAIC-GM dealer partner summit, SAIC-GM General Manager Lu Xiao revealed the latest progress in the cooperation between the two shareholders. He stated: "Both shareholders have approved a series of subsequent investment plans and expressed their unwavering support for SAIC-GM's medium and long-term strategic development, focusing on the Buick and Cadillac brands, continuously increasing resource investment, supporting the rapid implementation of competitive products and technologies, and jointly assisting SAIC-GM in achieving high-quality and sustainable long-term development." ### Related Stocks - [GM.US](https://longbridge.com/en/quote/GM.US.md) - [516110.CN](https://longbridge.com/en/quote/516110.CN.md) - [600104.CN](https://longbridge.com/en/quote/600104.CN.md) - [562700.CN](https://longbridge.com/en/quote/562700.CN.md) - [516380.CN](https://longbridge.com/en/quote/516380.CN.md) - [515030.CN](https://longbridge.com/en/quote/515030.CN.md) - [515700.CN](https://longbridge.com/en/quote/515700.CN.md) ## Related News & Research - [Nio shares surge after unveiling ES9 flagship SUV at lower price](https://longbridge.com/en/news/287870844.md) - [This electric SUV with a semi-solid-state EV battery costs less than $15,000 in China](https://longbridge.com/en/news/287789248.md) - [China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage](https://longbridge.com/en/news/287980497.md) - [Xiaomi’s Q1 EV deliveries surpass 80,000 units](https://longbridge.com/en/news/287707841.md) - [Key facts: Xiaomi B unveils HK$20bn buyback; second SUV, Europe EVs, AI](https://longbridge.com/en/news/287691883.md)