Formally approved by the State Development and Reform Commission, Zhejiang Geely Holding Group Co., Ltd. has formally issued 1 billion yuan to institutional investors, 7-year corporate bonds of RMB, China's own brand of private car prices first corporate bond issue RMB business.

    Geely's fixed-rate corporate bonds to form the first five years to 6.40% nominal interest rate. Mainly used for financing 300,000 automatic transmission projects and an annual output of 250,000 sets of automotive electronic systems and other key components of R & D center investment.