Geely Auto has publicly announced on the Hong Kong Stock Exchange the signing of a framework agreement with Zhejiang Geely Holding Group Co., Ltd. (Geely Holding) and Renault S.A.S. Pursuant to the agreement, both parties will fortify their collaboration in the research, development, and production of zero- and low-emission vehicles, leveraging Renault Brazil as the platform for enhanced cooperation. Geely Holding will invest in Renault Brazil, acquiring minority shareholding and gaining access to localized manufacturing facilities, extensive service networks, and robust channel resources. Recognizing the substantial synergies offered by this partnership with Renault and the vast potential of the Latin American market, the Geely Group is actively exploring diverse participation strategies, which may encompass, but are not limited to, signing joint venture agreements and business collaboration accords.