Liaoning Shenhua Holdings Co., Ltd (China)

Liaoning Shenhua Holdings Co., Ltd. is a comprehensive listed company located in Shanghai. It was formerly known as Shanghai Shenhua Electric Joint Company. As one of the earliest companies to issue stocks and be listed on the Chinese securities market, it is known as one of the famous "old eight stocks" and "concept stocks with no assets, no profits, and no business." After asset restructuring, Huachen Automotive became the actual controlling shareholder of the company, and the company, along with CBA and Jinbei Automotive, became the three main pillars of Huachen Automotive Group. In recent years, the company has gradually developed a clear and reasonable industrial chain, with automotive sales and services as the main industry, new energy as the second industry, and relying on its asset operation capabilities in the capital market and rich experience in the real estate market to support diversified development. The company's main business includes automotive sales and after-sales services, new energy, real estate, financial investment, and industrial management. Its holding subsidiaries are distributed nationwide, gradually establishing the brand effect and value of Shenhua. In the future, the company will adhere to the purpose of creating benefits for society, shareholders, and employees, actively participate in market competition, further strengthen investment in the automotive industry, and become the most influential automotive dealer, service provider, and investor in China. On December 10, 2020, the company changed its full name from "Shanghai Shenhua Holdings Co., Ltd." to "Liaoning Shenhua Holdings Co., Ltd."