A: The Company will firmly grasp the major orientation of progress in science and technology, the bigger picture of market evolution, the general trend of changes in the industry, make a deeper advancement of "new four modernizations—electrification, intelligent connecting, sharing and internationalization" strategy, insist in the philosophy of "innovation-leading, breakthrough at key points, promotion with successful experiences in selected units, and advancement in a proper order", deeply lay out and carry forward innovation chain construction while grasping market structured opportunity and promoting operational performance so as to spare no effort to seize vantage ground and commanding height, and accelerate to push the business transformation and upgrading in the process of reconstitution of global automobile industry value chain, striding forward globally competitive and influential comprehensive provider for traffic service and products.
On the research and development end, the Company makes breakthroughs focused on key technologies including new energy and intelligent connecting, and keeps creating technical advantages. On the manufacturing end, the Company accelerates digitalized and customized manufacturing method and unceasingly steps towards high-class manufacturing and intelligent manufacturing. On the user end, the Company emphatically breaks through new business models including mobility platform, intelligent logistics and financial services and keeps opening up new space for transformation and development. On the market end, the Company provides capacity to expand domestic and international markets with advantages in innovative technology and services, and keeps improving brand competitiveness and international influence, presenting a brand image of SAIC with innovative vitality, technology charisma and sincere service.
The Company is to become a domestic leading auto group in technology and market in the field of new four modernizations by 2020; and become a comprehensive supplier of mobility services and products that is globally competitive and influential by 2025.
A: In 2019, the Company will adhere to work keynote to seek for improvement on a steady basis guided by President Xi Jinping's thought on socialism with Chinese's characteristics for a new era, fighting its way to practice hard skill and seize opportunity to overcome difficulties to ensure smooth, steady and health development of operation fundamentals; steadfastly persevere in innovation, and push hard to ensure success in the "three battles"—digital transformation, mobility platform construction and international operation centered on "new four modernizations" strategy so as to promote development, quality, brand and benefits by innovation, keep a high-quality progress and accelerate and advance business transformation and upgrading. The Company strives to achieve an annual sales of 7.1 million vehicles, and has expected a total operating income of RMB 906.5 billion and a total operating cost of RMB 777.5 billion for the year 2019.
A: In 2019, the Company's major operating tasks are 1) to grasp the market pulse, seize opportunities of increments in new energy vehicles, optimize business structure, deepen lean management, and elevate intelligent manufacturing level; 2) to continuously perfect the key deployment of new energy and ICV industry chain, focus on user trigger point and use scenarios, and accelerate project achievement landing; 3) to continuously advance mobility service platform construction, and accelerate the realization of data sharing, technology sharing and eco-commons; 4) to strengthen financial service ecosystem construction, enhance business resource innovation and synergy, and further improve technological content and service efficiency of financial business; 5) to accelerate and expand overseas sales scale, perfect brand and product series and spectrum management, strengthen overseas base and improve profitability; 6) to deepen reform and innovation mechanism construction, intensify innovation talent agglomeration, promote stimulating innovation efficiency, and heighten innovation and entrepreneurship vitality; 7) to continuously make great efforts to brand construction and market capitalization management, make resource integration to improve spread volume, intensify the communication with capital market, and shore up the confidence of investors.
A: In 2018, The Company plans to distribute cash dividends of RMB 12.60 (inclusive of tax) per 10 shares, amounting to RMB 14,721,161,319.90 in total based on total shares of 11,683,461,365. The Company has no plan of capitalization of capital reserve this year. The cash dividend distribution for the recent three years accumulates to RMB 55,379,606,870.10 in total (including the year of 2018).