Geely Yuancheng Commercial Vehicle and others set up new company in Wenzhou

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Wenzhou Yuancheng Green Ecological Technology Co., Ltd. was established, with Zhejiang Geely Yuancheng New Energy Commercial Vehicle Group Co., Ltd. and Wenzhou Jiaoyun Group Automobile Service Co., Ltd., subsidiaries of Geely Holding, holding 60% and 40% of the shares respectively.