Chery invests in establishing commercial vehicle technology company in Shandong

Chery Commercial Vehicle (Shandong) Technology Co., Ltd. was formally established with a registered capital of RMB 200 million. The company is jointly held by Chery Commercial Vehicle (Anhui) Co., Ltd. and Rizhao Huaju High-tech Equity Investment Fund Co., Ltd., and its business scope includes new energy vehicle sales and auto parts retail.