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Old 11-30-2019, 05:02 AM   #31
Leo
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Join Date: Nov 2019
Posts: 71
Default Re: Beijing Automotive Industry Holding Introduction

Dmitra,
I know there are many limitations to a corporate organization chart, but personally I often find it helpful to understand how a company works and how it came to be. I read a news message this week that BAIC will transform its Zhenjiang branch into a joint venture with Magna Corp from Canada, so the above chart is already outdated

Thanks for the run down of the BAIC Group history. I do wonder about it, especially the pre-1994 situation. A holding comes in different forms, but most have some ability to appoint directors to subsidiaries, set strategic plans or distribute resources. To me it feels BAIC Group in the early form is not quite such a holding, it feels more like a cooperative between (slightly) related industries. I am not in any way an expert in Chinese (business) history, so does this make any sense?
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