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GELYY Geely Automobile Holdings Ltd.
Pre-Mkt 12-22 16:00:00 EST Delay
Huachuang Securities Maintains "Strong Buy" Rating for GEELY AUTO (00175) with Target Price of HK$27.01
Press Release: GEELY AUTOMOBILE HOLDINGS LIMITED TO TERMINATE ITS U.S. REPORTING OBLIGATIONS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION IN RESPECT OF ITS ORDINARY SHARES AND AMERICAN DEPOSITARY SHARES
Geely Automobile Holdings Ltd is an investment holding company principally engaged in the production and sales of automobiles. The Company mainly develops, manufactures and sells automobiles, including cars, sport utility vehicles (SUVs), new energy and electrified vehicles. The Company's car types include home, travel and sports. The Company's new energy and electrified vehicles include electric vehicles, battery electric vehicles, hybrid electric vehicles, mild hybrid electric vehicles and plug-in hybrid electric vehicles. In addition, the Company produces and sells automobile parts, batteries and other automobile components. The Company also sells licenses for its intellectual property.