Geely Automobile Holdings Limited completed the redemption of all issued preferred perpetual capital securities with a total principal amount of 0.5 billion USD on December 9, 2024. The company exercised its selective redemption rights in accordance with the terms of the securities, with the redemption price equivalent to 100% of the principal plus any distributions accrued up to the redemption date. All securities have been canceled, and the company has been fully released from all obligations concerning the securities.The company has applied to the Singapore Exchange for the delisting of these securities, which is expected to take effect at the end of trading hours on December 10, 2024. This redemption and delisting mark an important financial operation for Geely Automobile, which may impact the company's capital structure and financial condition.

Geely Automobile Holdings Limited completed the redemption of all issued preferred perpetual capital securities with a total principal amount of 0.5 billion USD on December 9, 2024. The company exercised its selective redemption rights in accordance with the terms of the securities, with the redemption price equivalent to 100% of the principal plus any distributions accrued up to the redemption date. All securities have been canceled, and the company has been fully released from all obligations concerning the securities.The company has applied to the Singapore Exchange for the delisting of these securities, which is expected to take effect at the end of trading hours on December 10, 2024. This redemption and delisting mark an important financial operation for Geely Automobile, which may impact the company's capital structure and financial condition.