[Press Release] Geely Automobile Holdings Limited SALES VOLUME FOR DECEMBER 2016 REACHED ANOTHER RECORD HIGH AT 108,230 UNITS SALES VOLUME UP 101% YOY SALES VOLUME TARGET OF 1,000,000 UNITS FOR 2017

(HONG KONG, 5 Jan 2017) --- Geely Automobile Holdings Limited ("Geely Automobile"/the "Group")(Stock code: 175) announced that the total sales volume of the Group for the month of December 2016 reached another record high at 108,230 units, an increase of approximately 101% over the same period last year and up approximately 6% from Novermber 2016. The Group's exports volume was 1,382 units in December 2016, up around 70% from the same period last year. During the month of December 2016, the Group's total sales volume in China market was 106,848 units, an increase of around 101% from the same period last year. The total sales volume for 2016 was 765,851 units, up about 50% from the same period last year and exceeding the full year sales volume target of 700,000 units in 2016.

The Spokesman of Geely Automobile said, "During the month of December 2016, the sales volume of 'New Emgrand' was 28,539 units, an increase of about 66% from the same period last year. The sales volume of 'Vision' sedan was 12,028 units in the month of December 2016, up about 31% year-on-year. The Group's 'Geely GC9' (吉利博瑞), its B-segment sedan model, achieved a sales volume of 5,609 units in the month of December 2016. The sales volumes of all the Group's new models launched in 2016 achieved record levels in December 2016. The 'Geely Boyue' (吉利博越), its newest SUV model, recorded a sales volume of 20,377 units during the month. During the same period, the 'Emgrand GS' (帝豪GS), its first crossover SUV model, recorded a sales volume of 10,222 units. The 'Vision SUV' (遠景SUV) achieved a sales volume of 10,527 units. The 'Emgrand GL' (帝豪GL), its new generation of A+ segment sedan model, recorded a sales volume of 10,103 units during the month."

The Group set the sales volume target for the year of 2017 at 1,000,000 units, representing an increase of around 31% over 2016.

Detailed sales volume data will be available upon request. Please contact Ms Tracey Tong at Prime International for further information. The sales volume figures released are based on a more stringent recognition criterion, requiring all sales to be contracted, paid and delivered before it would be recognized. These figures, however, are preliminary figures and will be subject to changes and final confirmation.

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For media enquiries:

Geely Automobile Holdings Limited

Mr Lawrence Ang

Tel: +852 2598 3388

Email: lawrenceang@geelyauto.com.hk

Prime International Consultants Limited

Ms Tracey Tong

Tel: +852 2891 4383

Email: tracey@primeintl.com.hk

Geely Automobile Holdings Ltd. published this content on 05 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 January 2017 09:07:05 UTC.

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