Geely Auto (00175.HK) spent 29.2376 million yuan to acquire a 70% stake in six dealerships, building its own distribution channels to strengthen brand competitiveness.

Economic Daily News APP news, Geely Automobile (00175.HK) announced that on April 30, 2025 (after trading hours), the company's indirectly owned subsidiary, Zhejiang Geely and Ling Ji Automobile, have entered into a share transfer agreement to acquire 70% equity in the target company. The cash consideration is RMB 29.2376 million.