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Shanghai Automotive Group Co., Ltd. (referred to as "SAIC Group") is a leading domestic automobile company in terms of scale, established on November 29, 2004, with its headquarters in Shanghai. SAIC Group's business covers the research and development, production, and sales of complete vehicles and parts, as well as automotive finance. SAIC Group actively promotes the commercialization of new energy vehicles and internet-enabled vehicles, and carries out research and industrial exploration of intelligent driving and other technologies. The main complete vehicle enterprises under SAIC Group include the Passenger Car Division, SAIC Maxus, IM Motors, R Automobiles, SAIC Volkswagen, SAIC General Motors, SGMW (SAIC-GM-Wuling), Nanjing Iveco, SAIC Hongyan, and Shanghai Shenwo, among others. SAIC Group has joint venture brands such as SAIC Volkswagen, SAIC General Motors, and SAIC Audi in the complete vehicle sector, and has launched several models in the new energy vehicle market, such as the Tiguan L plug-in hybrid and the Passat plug-in hybrid. SAIC Group has also made progress in the field of intelligent connected vehicles, such as the launch of the Enjoy-Road Robotaxi on December 8, 2021, which is the first L4 autonomous driving commercial operation platform by a Chinese car company.