Ningbo Jihang Real Estate was established with a registered capital of 12 million yuan and Li Weiping was appointed as the legal representative.

According to news on September 4, Ningbo Jihang Real Estate Co., Ltd. was officially established recently with a registered capital of 12 million yuan and the legal representative of the company is Li Weiping. According to the information displayed on the Tianyancha App, the company has a wide range of business operations, including real estate development and operation, real estate brokerage, housing leasing, property management, landscaping engineering construction, catering management and other fields.

According to the editor’s understanding, the ownership structure of Ningbo Jihang Real Estate Co., Ltd. shows that the company is wholly owned by Zhejiang Geely Automobile Manufacturing Co., Ltd., and Zhejiang Geely Automobile Manufacturing Co., Ltd. The company is a wholly-owned subsidiary of Zhejiang Geely Automobile Co., Ltd. The final beneficial owner is Li Shufu, holding 67.4071% of the shares.

On August 22, Geely Automobile Holdings Co., Ltd. released its financial report for the first half of 2023, showing that the company’s performance is strong. In the first half of the year, Geely Automobile achieved revenue of 73.18 billion yuan, setting a new high for the same period. The proportion of new energy vehicles in the company's business continues to increase, providing impetus for performance growth.

In terms of sales, in the first half of 2023, Geely Automobile's total sales reached approximately 694,000 vehicles, an increase of 13.1% compared with the same period last year. Among them, 121,000 cars were exported to overseas markets, a year-on-year increase of 28.3%. In addition, the sales of new energy vehicles also performed well, reaching 158,000 units, a year-on-year increase of 43.9%. The company's total cash level reached 33.64 billion yuan, and operating cash flow reached 10.7 billion yuan, a year-on-year increase of 9.1%. These data show that Geely Automobile has achieved remarkable results in the highly competitive automobile market.

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