On October 26, Geely Holding Group's new commercial vehicle brand, Remote, was officially released in Chengdu, Sichuan. On the same day, Wuzhoulong Co., Ltd. and Geely officially signed a cooperation agreement. Wuzhoulong Group will carry forward the cooperation with its wholly-owned subsidiary, Chongqing Wuzhou Longxin Energy Automobile Co., Ltd. (referred to as “Chongqing Wuzhoulongâ€). Zhang Jingxin, Chairman of Shenzhen Wuzhoulong Automobile Co., Ltd., Vice President of Geely Holding Group and Zhou Jianqun, General Manager of Geely Commercial Vehicle Co., Ltd., attended the signing ceremony.
It is understood that Chongqing Wuzhoulong is an important branch of Wuzhoulong shares in the early years of Northeast China (Shenyang), Southwest (Chongqing) and South China (Shenzhen), sharing the same technology platform with Shenzhen and Shenyang Wuzhoulong. As a wholly-owned subsidiary, Chongqing Wuzhoulong has independent legal person qualification and production qualification, and can independently declare the announcement catalogue of related products, and fully cooperate with the geographical layout of Geely Southwest Plant.
The cooperation between Chongqing Wuzhoulong and Geely is a decision made by both parties based on comprehensive considerations of technology, market and production hardware. After Geely's first pure electric bus remote E12 was launched, the two parties will start from joint product development and gradually penetrate into the deep integration of technical teams and the high level of cooperation between industrial capital to achieve a win-win situation for both parties.
Geely said that passenger car manufacturing is a big undertaking relying on technology accumulation. Geely Group has invested heavily in the commercial vehicle market. How to quickly introduce skilled passenger car products, cooperation with Wuzhoulong is a key step. Wuzhoulong is the earliest in China. The high-tech enterprises engaged in R&D and manufacturing of new energy buses will have a strong technical reserve and R&D experience to promote the development of Geely's commercial vehicle business.
Wuzhou Long said that Shenzhen Wuzhoulong has successfully completed the shareholding system transformation in the near future and actively initiated cooperation and integration with the capital market. At present, the sales market of Shenzhen, Chongqing and Shenyang companies under Wuzhoulong continues to heat up, showing a comprehensive flowering situation. The deep binding of Chongqing Wuzhoulong and Geely commercial vehicles will greatly assist Wuzhoulong's product development and capital cooperation in South China and Southwest China, thus taking the lead in completing its “two wings†layout in southwest and south China.
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