Geely Holdings Announces Full Implementation of Overseas Compliance Guidelines for Auto Industry Issued by Three Ministries

On September 3, Geely Holding Group announced it would fully implement the "Guidelines on Overseas Competitive Practices and Compliance Management for the Automotive Industry," jointly issued on September 1 by the Ministry of Commerce, the Ministry of Industry and Information Technology, and the State Administration for Market Regulation. The guidelines provide general reference for Chinese automakers regarding overseas market competition practices and compliance management, with a focus on areas including overseas marketing, workplace safety, quality management, labor rights protection, and data security. Geely Holding stated it will adhere to the principles of "lawful compliance, fair competition, and mutual benefit," integrate compliance into every stage of its global strategy, and continue advancing technological innovation, product quality enhancement, and improvement of overseas services.