PDF《吉利汽车控股有限公司》

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

吉利汽车控股有限公司 GEELY AUTOMOBILE HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock code: 175) EXEMPTED CONNECTED TRANSACTION IN RELATION TO THE DISPOSAL OF THE ENTIRE EQUITY INTERESTS IN LYNK &

CO AUTO SALES COMPANY LIMITED Financial Adviser to Geely Automobile Holdings Limited THE DISPOSAL On

26 October

2017 (after trading hours), Zhejiang Jirun, a subsidiary of the Company, entered into the Disposal Agreement with LYNK &

CO Investment pursuant to which Zhejiang Jirun has conditionally agreed to dispose of the entire equity interests in the Disposal Company to LYNK &

CO Investment at a cash consideration of RMB100,000,000. Upon completion of the Disposal, the Group will no longer hold any interests in the Disposal Group, and the financial results of the Disposal Group will no longer be consolidated into the financial statements of the Group. The Disposal Group is newly established with no material activities being carried out prior to the Disposal. IMPLICATIONS UNDER THE LISTING RULES As at the date of the announcement, LYNK &

CO Investment is owned as to 50% by Zhejiang Jirun, as to 20% by Zhejiang Haoqing and as to 30% by VCI. Zhejiang Haoqing and VCI are owned as to 90% and 99% by Geely Holding, which in turn are beneficially wholly owned by Mr. Li and his associate. Mr. Li is an executive Director and a substantial Shareholder holding approximately 44.04% of the total issued share capital of the Company. As such, LYNK &

CO Investment is an associate of Mr. Li and a connected person of the Company under the Listing Rules. Accordingly, the Disposal constitutes a connected transaction of the Company. -

1 - As one of the applicable percentage ratios for the Disposal is more than 0.1% but less than 5%, the Disposal is subject to the reporting and announcement requirements, but is exempt from the Independent Shareholders'

approval requirement under Chapter 14A of the Listing Rules. Completion of the Disposal is subject to the satisfaction of the conditions precedent under the Disposal Agreement, and therefore, may or may not proceed to completion. Shareholders and potential investors are advised to exercise caution when dealing in the Shares. INTRODUCTION On

26 October

2017 (after trading hours), Zhejiang Jirun, a subsidiary of the Company, entered into the Disposal Agreement with LYNK &

CO Investment pursuant to which Zhejiang Jirun has conditionally agreed to dispose of its entire equity interests in the Disposal Company to LYNK &

CO Investment. 1. THE DISPOSAL Principal terms of the Disposal Agreement are set forth below: Date

26 October

2017 (after trading hours) Parties: (i) Zhejiang Jirun, as the vendor;

and (ii) LYNK &

CO Investment, as the purchaser Zhejiang Jirun is an indirect 99% owned subsidiary of the Company and is principally engaged in the research, development, production, marketing and sales of sedans and related automobile components in the PRC. LYNK &

CO Investment is owned as to 50% by Zhejiang Jirun, 20% by Zhejiang Haoqing and 30% by VCI. LYNK &

CO Investment is principally engaged in the manufacturing and sale of vehicles under the LYNK &