Tianyancha shows that recently, Shanghai Automobile Industry Sales Co., Ltd. has undergone a commercial change, with registered capital increasing from approximately 4.271 billion RMB to approximately 4.372 billion RMB. The company was established in January 1993, with Wang Zemin as the legal representative, operating in the sales of Dongfeng brand autos, subaru corp unsponsored adr brand autos, Roewe brand autos, MG brand autos, etc., fully owned by SAIC Motor Corporation.