A few days ago, Geely issued an announcement to establish a joint venture with Lifan Technology, and the new company is "Chongqing Ruilan Automobile Technology Co., Ltd.".

Geely Automobile Announced that the joint venture company established with Lifan Technology has completed the industrial and commercial registration procedures and obtained a business license issued by the Market Supervision and Administration Bureau of Liangjiang New Area, Chongqing, China, which is named Chongqing Ruilan Automobile Technology Co., Ltd. ("Ruilan Automobile"). In the future, Ruilan Automobile will launch a variety of power form products. Based on self-developed power exchange technology, Ruilan Automobile is committed to creating an intelligent power exchange ecology and providing competitive power exchange products and services for the market.