GEELY AUTO(00175) 智通财经网·2025-04-30 09:19Core Viewpoint - Geely Automobile has announced the acquisition of a 70% stake in six target companies for a cash consideration of RMB 29.2376 million, aiming to establish direct dealership channels for the Geely brand and reduce reliance on indirect subsidiaries [1][2] Group 1: Acquisition Details - The acquisition involves six target companies, including Lingji Maohua, Linyi Chunhua, Feixian Chunhua, Lingji Kaihua, Lingji Yuantong, and Lingji Jianhua [1] - The transaction is set to be completed by April 30, 2025, after trading hours [1] Group 2: Strategic Implications - The acquisition allows Geely to establish direct control over its dealership network, enhancing its ability to respond to market changes and consumer expectations [1][2] - By having its own dealership network, Geely can improve brand visibility and strengthen customer relationships in a competitive market [1] Group 3: Operational and Financial Benefits - The acquisition facilitates a comprehensive analysis of the entire operational chain of the Geely brand, covering R&D, production, marketing, and sales [2] - It is expected to enhance operational efficiency, stimulate innovation, and strengthen the group's competitive advantage [2] - The move will significantly reduce ongoing related party transactions with Geely Holding Group, simplifying financial interactions and improving transparency [2]