Is it true that Geely bought Chengxing?

According to the relevant information, the query is true.

1.June, 2022 18 The latest data query shows that Geely and Huadong acquired Chengxing shares, and Chengxing became the actual controller. Chengxing shares belong to the new energy industry chain of Geely Yao Ning.

2. Chengxing refers to Jiangyin Chengxing Industrial Group Co., Ltd., which was newly established in 200 1 year on the basis of the restructuring of the original Jiangsu Chengxing Phosphorus Chemical Industry Group Company.