The Company's market value is high. SAIC holds the 2016 Annual Shareholders' General Meeting
At the annual shareholders' general meeting of the SAIC Group in 2016, the annual report of the Board of Directors, the annual profit distribution plan, the annual report and the summary were all passed, which fully demonstrated the confidence of the majority of shareholders in the future development of the Company. Pursuant to the annual profit distribution plan adopted at the shareholders' meeting, SAIC will distribute a cash dividend of RMB 16.50 (tax included) for every 10 shares. This is the SAIC for the fourth consecutive year in the form of high cash dividends to shareholders, and four years bonus rate as high as 50% or more. This year, in the broader market and the continuous decline in the case of the automotive sector, SAIC Group is sought after by investors, adverse economic record high, May 25 market value of up to 342.8 billion yuan.
In the new energy vehicles, SAIC has launched Roewe eRX5 plugged strong SUV, Roewe e950 plug-in strong hybrid cars, Chase EV80 pure electric vehicles and Chase EG10 pure electric MPV 10 balance of passenger cars and commercial vehicle products. At the same time, is constantly upgrading the "three power" core technology: independent electric drive gearbox (EDU) break through the international patent barriers, energy consumption level of the best international competition products, won the 2016 China Automotive Industry Science and Technology Award; completely independent intellectual property rights Battery management system (BMS), the battery attenuation level of the leading domestic, SAIC passenger car company to become the only battery failure to make the commitment to the car business (5 years 100,000 km, the attenuation of not more than 20%, 8 years 12 million Km, the attenuation of not more than 30%); independent development of highly integrated battery pack, access to the United States UL battery safety certification, and through the highest level of dustproof and waterproof IP67 certification, safety performance of the leading domestic; independent control system of mixed conditions And urban congestion conditions fuel consumption level to achieve world-class level.
In the network, in July 2016 the world's first mass production of the Internet SUV Roewe RX5 officially released, monthly sales jumped on the success of 20,000 mark, quickly become the mainstream domestic SUV market segments. At present, the company has set up the application and development system of the vehicle hardware and the vehicle Internet system, and has completed the initial construction of the Internet platform. At the core of "data capacity", "map capability" and "ecological capability", the environment and Data, improve product features, increase service content, adapt to different models, to provide users with differentiated products and services. In April 2017, SAIC passenger car sales reached 41,600, an increase of 118% year on year. Among them, SAIC "Internet Troika" Roewe RX5, Roewe i6, MG ZS total sales reached 3.28 million, accounting for SAIC passenger car company's total sales of 78.8%.
In the intelligent forward-looking technology research, SAIC Intelligent Driving Vehicle has gone through two generations of platforms. In the second generation of the core components of the core components, the definition of indicators, supplier selection, software supply development, SAIC has complete independent intellectual property rights, in addition to integrated 5G communication technology car network platform, and carried out the highway, Fleet automatic driving technology research, the technical level of world-class. In January, SAIC officially joined the 5GAA Alliance as a Platinum member (5G Automotive Association, a world-class vehicle company, a technology consortium of chipmakers and communications companies that will provide end-to-end solutions for intelligent transportation, intelligent travel and smart cities Program), as the only 5GAA China car prices. In April this year, SAIC Group in Shanghai Jiading National Intelligent Network of the pilot demonstration area, the first domestic open intelligent driving experience activities, SAIC intelligent driving car iGS on automatic turning, automatic U-turn, automatic navigation, dual-drive dual control 6 features were demonstrated, showing the SAIC Intelligent Driving 4 level (the international will be intelligent driving technology is divided into no intelligent driving, driving support, some intelligent driving, conditional intelligent driving, fully intelligent driving five levels).