CNCAO NEWS On February 24th afternoon, Geely group co., LTD., foreign announcement announced, it has been through its overseas enterprises subject to buy Daimler ag (hereinafter referred to as the "Daimler") with 9.69% of the voting shares. Daimler's headquarters in Stuttgart, Germany, its business units including Mercedes-benz passenger cars, Daimler trucks, Mercedes-benz light commercial vehicles, Daimler buses and Daimler financial services.

　　"Daimler is an excellent company with a first-rate management team. I feel very honored to be able to take a stake in Daimler and support the management team led by Dr. Zetsche. It is a great pleasure to be able to grow on Daimler's future development path, helping it become a leader in electric travel and online technology services." said Li Shufu, chairman of Geely holding group.

　　After the acquisition, Geely will become Daimler's largest shareholder and is committed to holding its stake for a long time. But none of the companies under Geely or Geely holding has any further plans to increase its stake in Daimler. Li Shufu himself said he would comply fully with Daimler's corporate charter and governance structure and respect the company's culture and value orientation.

　　Geely holding group is the largest private auto enterprise group in China, with a turnover of about 270 billion RMB in 2017, and a global tax payment of 34.6 billion yuan. Among them, there are $18.3 billion in taxes in China, which is also the world's leading provider of electric mobile travel services. Its main assets include Geely automobile, Lynkco automobile, Volvo automobile, Proton automobile, Lotus automobile, electric cars in London and the sharing of the Geely group strategic investment of new energy vehicles travel service platform Cao cao limousine. Cao cao is currently operating a fleet of more than 16,000 vehicles in China.

　　Li Shufu said: "the global auto industry in the 21st century faces enormous innovation opportunities, also faces challenges from the auto industry company, each car companies fight alone, it is difficult to win the war. In order to seize the opportunity, we must refresh our way of thinking, join hands with friends and partners, and occupy the technical commanding heights through synergy and sharing. This is the strategic thinking behind Daimler's investment.”

The deal is subject to approval by Chinese regulators.(推廣）

來源： 中國網    | 作者：翻譯 ：耿凱寧    | 責編：王子怡    審核：張淵

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