Lu Xiao Appointed SAIC Motor Passenger Vehicle General Manager; Wang Jun Shifts to SAIC Group Deputy Chief Economist and Party Secretary of SAIC Motor Passenger Vehicle

On July 28, SAIC Motor Passenger Vehicle Company, a subsidiary of SAIC Motor Corporation Limited, announced that Lu Xiao, former General Manager of SAIC General Motors Co., Ltd., has succeeded Wang Jun as General Manager of SAIC Motor Passenger Vehicle Company. Wang Jun will subsequently serve as Deputy Chief Economist of SAIC Motor and Party Secretary of SAIC Motor Passenger Vehicle Company.