Shanghai Volkswagen and Shanghai GM are the major sources of income for SAIC, accounting for 70-80 percent of its total revenues. |
GM to regain control in SAIC joint venture |
通用汽車擬提前回購上汽通用1%股權? |
General Motors Co. plans to buy back the controlling 1 percent stake in Shanghai GM, its joint venture with Chinese partner SAIC, bringing SAIC’s total stake in the venture back to 50 percent, GM’s Chief Executive Daniel Akerson said Thursday. | 8月4日,通用汽車CEO丹尼爾?埃克森(Daniel Akerson)在通用汽車2011年第二季度財務報告會議上表示,預計通用汽車將完成與上汽簽訂的回購上海通用1%股份的協議,從而將對上海通用的持股比例提至50%。 |
In 2009, SAIC acquired a controlling 51 percent interest in Shanghai GM by purchasing an additional 1 percent in preparation for the group’s listing. That year, SAIC reported a record 5 billion yuan ($US 778 million) in profit growth for Shanghai GM. | 據上汽2009年12月5日發(fā)布的公告,上汽擬通過全資子公司上汽香港公司收購通用汽車持有的上海通用1%股權,為集團整體上市做準備。此前,上海汽車已持有上海通用50%股權。這1%的股權也確實為上汽的財務數據增色不少,僅2010年,上海通用就為上汽增加利潤近50億元。 |
Under the terms of the original deal, GM could repurchase the stake only if it SAIC is allowed to include Shanghai GM’s revenue on its accounts. | 上汽方面表示,在當初的股份購買協議中雙方已約定,通用汽車如果要回購上海通用1%的股權,前提條件是必須滿足上汽繼續(xù)對上海通用實現并表。 |
SAIC received the green light for its asset-restructuring plan from the China Securities Regulatory Commission, the company announced on August 2. | 8月2日,上海汽車、華域汽車雙雙發(fā)布公告稱,中國證監(jiān)會上市公司并購重組審委會有條件審核通過了上海汽車發(fā)行股份購買資產暨關聯交易方案。 |
Shanghai Volkswagen and Shanghai GM are the major sources of income for SAIC, accounting for 70-80 percent of its total revenues. | 目前,上海汽車旗下的兩家整車合資企業(yè)上海大眾和上海通用的收入占上汽整體收入的70%~80%,是上汽的主要利潤來源。 |
???? China's business press carried the story above on Monday.