Among them, SAIC Motor Battery Co., Ltd. has a registered capital of RMB 2 billion. SAIC Motor intends to hold 49% of the shares, and Ningde Times plans to hold 51% of the shares. The company will mainly be engaged in the development, production, sales and after-sales service of lithium-ion batteries, lithium polymer batteries, etc. SAIC Times Power Battery System Co., Ltd. has a registered capital of RMB 300 million. SAIC Management intends to hold 51% of shares, and Ningde Times plans to hold 49% of the shares. The company will mainly be engaged in the development, production and sales of power battery modules and systems. In addition, the publicity also shows that in China's lithium-ion battery-related market, Ningde era market share of 20% -25%; in China's lithium-ion battery system (excluding batteries) market, Ningde era market share of 5% -10%, SAIC Group's market share is 1%-5%; in China's electric vehicle market, SAIC Group's market share is 1%-5%. The original public notice reads as follows: Mixer For Bathtub,Bathtub Water Mixer,Bathtub Shower Mixer,Bathtub Mixer With Hand Shower Kaiping City Yibiao Sanitary Ware Co., Ltd. , https://www.faucetaoli.com
Anti-Monopoly Bureau of the Ministry of Commerce 
On May 3, 2017, the official website of the Anti-Monopoly Bureau of the Ministry of Commerce issued a public announcement on the case of “Shanghai Automotive Group Co., Ltd. and Ningde Times New Energy Technology Co., Ltd. Newly Established Joint Ventureâ€. Publicity shows that SAIC Motor Corporation will establish two joint ventures with Shanghai Automotive Group Investment Management Co., Ltd., its wholly-owned subsidiary, and Ningde Times, SAIC Power Battery Co., Ltd. and SAIC Times Power Battery System Co., Ltd.