Lifan Science and Technology announcement, the company intends to jointly invest with Geely Automobile Holdings Co., Ltd. ("Geely Automobile") to set up a joint venture company, the registered capital of the target company is 600 million yuan, the company invests 300 million yuan in the form of monetary funds, with a shareholding ratio of 50%. Geely Automobile invested 300 million yuan with 50% shareholding in the form of monetary funds.
力帆科技：拟出资3亿元与吉利汽车共投设合资公司
Lifan Science and Technology: plans to invest 300 million yuan to set up a joint venture with Geely Automobile
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