HONG KONG, Oct 26 (Reuters) - Geely Automobiles Holdings Ltd. said it would set up two joint venture companies with total investment of 1.13 billion yuan (US$143 million) to produce sedan related components and provide after-sales service.
Geely said in a statement it would set up a 701.65 million yuan worth joint venture, Zhejiang Kingkong, with Geely Holding, and another 429.90 million yuan worth Zhejiang Ruhoo joint venture with Zhejiang Haoqing Automobile Manufacturing Co. ...
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