On March 28, Zhejiang Geely Holding Group Co., Ltd. (hereinafter referred to as "Geely Holding Group") and China Post Group Corporation Limited (hereinafter referred to as "China Post") signed a strategic cooperation framework agreement. The two parties will actively carry out business cooperation in finance, express logistics, vehicle procurement, market expansion, comprehensive factory services, securities, investment, and other fields to achieve win-win development.



Li Shufu, Chairman of Geely Holding Group, and Liu Aili, Secretary of Party Leadership Group and Chairman of China Post, held a working meeting on deepening strategic cooperation. They jointly witnessed the signing of a strategic cooperation framework agreement between the two parties. Zhang Quan, Vice President and Chief Financial Officer (CFO) of Geely Holding Group, and Wen Shaoqi, member of the Party Leadership Group and Deputy General Manager of China Post Group, signed the agreement on behalf of both parties. Li Donghui, CEO of Geely Holding Group; Zhou Jianqun, Chairman of Farizon New Energy Commercial Vehicle Group; Du Chunye, member of the Party Committee and Vice President of Postal Savings Bank of China; and heads of relevant departments from both parties attended the event.



According to the agreement, the two parties will conduct in-depth cooperation in multiple areas, including: in the financial sector, the Postal Savings Bank of China under China Post will offer comprehensive financial services to Geely Holding Group; in the fields of vehicle application and mobile travel, Geely Holding Group will provide product services for China Post's official vehicles and new energy commercial vehicles.



Farizon New Energy Commercial Vehicle adheres to the two core technology roadmaps of "Methanol Hydrogen + Electric", deploys a new generation of green intelligence commercial vehicles, and forms a market-leading position in the field of new energy commercial vehicles. The environmental protection, economy, applicability, and reliability of its products have been widely recognized by the market. Through this cooperation, China Post will fully meet its vehicle needs in diverse scenarios such as trunk transportation, urban distribution logistics, suburban distribution, and mountainous area distribution, contributing to creating a green and efficient modern logistics system.

The signing of this strategic cooperation agreement marks an important step for both parties in terms of resource sharing and complementary advantages. Geely Holding Group and China Post will take this opportunity to establish a long-term and stable strategic partnership, jointly promote innovative development, and achieve win-win and shared benefits.