Summary by Futu AI
Geely Auto Holdings Limited (Geely Auto) announced that it will hold a special general meeting of shareholders on October 10, 2024 to review a series of continuous related trade agreements entered into with Zhejiang Geely Holding Group Co., Ltd. (Geely Holdings) and its affiliated group. These agreements include service agreements, parts purchase and sale agreements, and operation service agreements, aimed at regulating transactions such as parts trading, complete set sales of vehicles, and operational services between Geely Auto and Geely Holdings. The special general meeting of shareholders will review the above agreements and their transaction limits, seeking approval from the shareholders. In addition, Geely Auto will also review similar transactions with other affiliated brands such as Lynk & Co, Geometry, and others at the meeting. These agreements will facilitate business cooperation between this group and Geely Holdings, promoting synergies in research and development, production, and sales of automobiles and related parts between the two parties.