GEELY AUTO Guilin YUE: Implement the "Taizhou Declaration", the integration of Geely's Lynk & Co has multi-dimensional strategic significance.

On November 14, GEELY AUTO (00175) held a third quarter performance exchange meeting for the year 2024. During the meeting, Guo Shengyue, CEO of GEELY AUTO Holdings Limited, interpreted the significance of the strategic integration between Jirui and Lynk & Co. Guo Shengyue stated that as a key measure to implement the strategic framework of the "Taizhou Declaration", this strategic integration will streamline equity relationships, reduce related party transactions, eliminate industry competition, position the two brands complementarily, enhance research and development capabilities to improve product portfolio, and unify product architecture. The deep integration and efficient integration of internal resources will further reduce costs and increase efficiency, promote the release of scale effects, and ultimately enhance shareholder returns.