Geely Automobile Holdings Ltd.'s JV Equity Interest Consideration Valued at EUR1,742 Mln

Geely Automobile Holdings Ltd. reported that the consideration value of its equity interest in a JV company is EUR1,742 million. The company is engaged in the production and sales of automobiles, including cars, SUVs, new energy, and electrified vehicles. It also produces and sells automobile parts, batteries, and other components, as well as licenses for its intellectual property.