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About GEELY AUTO Company

Geely Automobile Holdings Limited (the “Company”, the Company and its subsidiaries (collectively the “Group”) (Hong Kong Stock Exchange stock code: 175) is an automobile manufacturer focusing on the development, manufacture and sale of passenger cars. The products are mainly sold in the Chinese market, and sales of products have been expanded to other developing countries through exports over the past few years. The Company's shares are listed on the main board of the Hong Kong Stock Exchange Limited (“Hong Kong Stock Exchange”). Its controlling shareholder is Zhejiang Geely Holding Group Co., Ltd., a private company wholly owned by the Company's main shareholder and Chairman of the Board, Mr. Li Shufu, and his associated persons. The Group is headquartered in Hangzhou, China, and has 9 production bases in Luqiao, Linhai, Ningbo/Cixi, Chunxiao, Baoji, Jinzhong, Xiangtan, Jinan and Chengdu. As of December 31, 2018, it had an annual production capacity of 1,710,000 double-shift vehicles. The Group develops and sells 17 major models on its 4 platforms and 2 module architectures (including the “Linker” car models sold by the joint venture “Linker Joint Venture” in which the Group has 50% interest). By the end of 2018, there were more than 978 dealers marketing the “Geely” brand in China. Linker & Co., Ltd. uses different marketing and distribution systems, and has set up 222 Linker Centers and 17 Linker Spaces in China to provide services to customers. In 2018, the Group also exported products to 24 overseas markets through 24 sales agents and 336 sales and service outlets. These overseas markets are mainly located in developing countries in Eastern Europe, the Middle East and Africa. In November 2015, the company announced its NEV strategy “Operation Blue Geely” and launched its first NEV model at the same time, fully demonstrating its determination to become a leader in the NEV technology industry. The goal of this action is to ensure that the Group's sales of new energy and electrified vehicles reach 90% of total sales. By the end of 2018, the company had a workforce of 52,400 people and was committed to strengthening the Group's core strengths in powertrain system technology, product quality, customer satisfaction and supply chain, and achieved sales of approximately US$15.5 billion in 2017. As of April 10, 2018, the company's market value was approximately US$20.3 billion.