--- title: "SAIC-GM's sales company changes leadership" description: "According to US Stock Research Society, Tianyancha App shows that recently, SAIC-GM Sales Co., Ltd. underwent industrial and commercial changes. Chen Hong stepped down as legal representative and chai" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/23952278.md" published_at: "2024-09-19T07:04:48.000Z" author: "[美股研究社](https://longbridge.com/en/profiles/2152743)" --- # SAIC-GM's sales company changes leadership According to US Stock Research, Tianyancha App shows that recently, SAIC-GM Sales Co., Ltd. underwent industrial and commercial changes. Chen Hong stepped down as legal representative and chairman, succeeded by Wang Xiaoqiu. Lu Yi resigned as general manager, and several other key personnel also changed. SAIC-GM Sales Co., Ltd. was established in November 2011 with a registered capital of $49 million. Its business scope includes automobile export and domestic used car sales. It is jointly owned by SAIC Motor (600104) and General Motors China. According to reports, in July this year, SAIC Motor announced that its chairman Chen Hong retired due to age and resigned from his position as chairman and other roles. The board meeting elected company director Wang Xiaoqiu as the chairman of the eighth board. ### Related Stocks - [GM.US - General Motors](https://longbridge.com/en/quote/GM.US.md) - [600104.CN - SAIC Motor](https://longbridge.com/en/quote/600104.CN.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.