Geely Auto CEO Gui Shengyue said the Lynk & Co brand will not be spun off and listed

At Geely Auto's Q1 earnings conference on July 2, CEO Gui Shengyue made it clear that the Lynk & Co brand will not be split and listed separately in the future. In addition, Geely Group decided to increase its full-year sales target for 2024 by about 5% to 2 million vehicles, and set the penetration rate target for new energy products at more than 40%.