2065438+In August 2005, Sino-foreign joint venture Jizhi Auto Finance Co., Ltd. announced that it was officially approved by China Banking Regulatory Commission, becoming the 23rd auto finance company approved by China Banking Regulatory Commission. The company is jointly funded by Geely Automobile Holdings Co., Ltd. and BNPParibasPersonalFinance. It is registered in Shanghai with a registered capital of 900 million yuan, of which Geely Automobile holds 80% of the shares. Zhejiang Wisdom Puhua Finance Leasing Co., Ltd. was established on August 9, 20 13. It is the first joint venture between Taiwan, Hong Kong and Macao in Geely, which mainly focuses on automobile financing leasing. It is a wholly-owned subsidiary directly under the Group, mainly providing car financing and leasing services for Geely's end customers.