The current organization of Jiangsu Saleen Automotive Technology Co. and Jiangsu GTA Automotive Technology Co. is presented below. These are the two main companies (along with a few subsidiaries) that are engaged in the Saleen venture in China.
Wang Xiaolin (Xiaolin "Charles" Wang) is the chief executive/chairman of WM Industries Corp., Capital Wealth Holdings, and Jiangsu Saleen Automotive Technology Co.
Saleen Automotive, Inc. is still with Steve Saleen. It has an agreement with Saleen Motors International (owned by WM Industries Corp.) for distribution of US-made/modified cars throughout most of the world, except N. America, Europe, the Middle East, and Australia.
The Saleen venture in China is owned principally by Wang Xiaolin, with a one-third stake held by the Rugao City government. Jiangsu Saleen Automotive Technology Co. was originally founded in July 2009 under a different name by two firms belonging to the Rugao govt. In Feb. 2016, another Rugao govt. firm (Nantong Jiahe) took over the company. Shortly afterwards (in March), four companies belonging to Wang Xiaolin's groups invested in the company, and the Jiangsu Saleen Automotive Technology Co. received its current name in June 2016.
Most English sites, even Wikipedia, will say that Saleen is owned by Jiangsu Secco Automobile Technology Corporation, which is apparently related to Sinopec-financed Shanghai Secco Petrochemical Co. Ltd. This was the information published in the Car News China article in Nov. 2017. No company called Jiangsu Secco Automobile Technology Corporation was ever involved with Saleen, and neither had Sinopec or Shanghai Secco Petrochemical Co. been ever associated with Saleen.
All five shareholders shown in the diagram below have controlled Jiangsu Saleen Automotive Technology Co. since 2016.
Jiangsu GTA Automotive Technology Co. is a new company founded in 2018.
Company profiles of Jiangsu Saleen Automotive Technology Co. and Jiangsu GTA Automotive Technology Co.:
History and other facts of Jiangsu Saleen Automotive Technology Co.:
(there may be typographical or grammatical errors in this post, which if found, will be rectified later)