Wuhan Geely Automobile Holdings Co., Ltd. increased its capital to 650 million, with a growth rate of about 450%.

According to the Tianyancha App, recently, Wuhan Geely Automobile Industry Co., Ltd. has undergone a change in its business registration, with its registered capital increasing from approximately 120 million RMB to about 650 million RMB, an increase of about 450%. At the same time, there has been a change in the shareholding ratio of the shareholders. Wuhan Geely Automobile Industry Co., Ltd. was established in February 2019, with Gan Jiaye as the legal representative. Its business scope includes the manufacturing, sales, and technical consulting services of automobiles and their components, as well as enterprise management. Shareholder information shows that the company is currently owned by Wuhan Economic and Technological Development Zone Merchants Industry Development Co., Ltd. and Geely Automobile Group Co., Ltd., with approximately 86% and 14% ownership respectively.