Zhejiang Geely Dongli Zongcheng Company Limited

Zhejiang Geely Dongli Zongcheng Company Limited, a subsidiary of Geely Automobile Holdings, agreed to acquire Taizhou Binhai Geely Engine Company Limited and Guizhou Geely Engine Company Limited for a total of RMB1.265 billion. The acquisitions will add an annual capacity of 720,000 engines.