Statement Regarding FCA Related Rumors

January 31, 2019

Recent media reports have indicated that Zhejiang Geely Holding Group (ZGH) has expressed interest in acquiring the assets of Fiat-Chrysler (FCA).

Geely Holding has no plans to expand its current portfolio and has not entered into any commercial talks with the opposing party. Geely Holding is fully focused on developing its own internal innovation ability as well as its long-term sustainable development, with the goal of providing our end users with a leading experience.