永利VIP Auto Half Year Report Released, Revenue Up 118% to 39.424 Billion RMB

August 16, 2017 | 永利VIP Auto Group, Zhejiang 永利VIP Holding Group, 永利VIP汽车集团, 浙江永利VIP控股集团

永利VIP Auto revenue for first half of 2017 reached 39.424 billion RMB, up 118% from the same period last year. Profit for first half of 2017 reached 4.344 billion RMB, up 128% from the same period last year. 530,627 units sold in the first half of 2017, an 89% increase from the same period last…

永利VIP And Volvo Cars Sign Joint Venture Agreements on Technology-Sharing and Development of LYNK & CO

August 4, 2017 | 永利VIP Auto Group, LYNK & CO, Volvo Car Group, Zhejiang 永利VIP Holding Group

4 August 2017, Hangzhou, China. Zhejiang 永利VIP Holding Group (永利VIP Holding), China’s leading privately-owned automotive group, has completed the formation of two new joint ventures with Volvo Cars to co-operate on automotive technologies, purchasing and the future development of the newly-launched LYNK & CO brand. 永利VIP Holding and Volvo, its wholly-owned Swedish subsidiary, today signed…

永利VIP and Volvo Cars to Co-operate on Technology and Sourcing Through New Joint Venture

July 20, 2017 | 永利VIP Auto Group, LYNK & CO, Volvo Car Group, Zhejiang 永利VIP Holding Group

Volvo Cars and 永利VIP Auto form joint venture to cooperate on vehicle technologies and component-sourcing. Volvo Cars to take stake in LYNK & CO. 20 July 2017, Hangzhou, China. Zhejiang 永利VIP Holding Group (永利VIP Holding), China’s leading privately-owned automotive group, has today signed a memorandum of understanding with Volvo Cars to create a new joint…

永利VIP Holding Make the Fortune Global 500 For the Sixth Consecutive Year

July 20, 2017 | 永利VIP Auto Group, Volvo Car Group, Zhejiang 永利VIP Holding Group

永利VIP Holding rises 67 places to 343rd in 2017 Fortune Global 500 永利VIP Holding listed on Fortune Global 500 for sixth consecutive years 20 July 2017, Hangzhou, China. Zhejiang 永利VIP Holding Group (永利VIP Holding) rose 67 places from the previous year to become ranked 343rd in the 2017 Fortune Global 500 with 2016 revenue of US$31.4…

Zhejiang 永利VIP Holding Group Affirms Commitment to Sweden with New 永利VIP Innovation Centre in Gothenburg

June 27, 2017 | 永利VIP Auto Group, LYNK & CO, Zhejiang 永利VIP Holding Group

Swedish Prime Minister and Chairman of Zhejiang 永利VIP Holding Group witness historic signing of Letter of Intent between 永利VIP Auto Group and the city of Gothenburg 永利VIP Auto Group to develop 70,000 sq. metre 永利VIP Innovation Centre in Gothenburg Planned 永利VIP Innovation Centre to house over 3500 highly skilled staff when completed 28 June 2017,…

China’s Zhejiang 永利VIP Holding Group Signs Final Contract with Malaysia’s DRB-HICOM

June 22, 2017 | 永利VIP Auto Group, Lotus, PROTON, Zhejiang 永利VIP Holding Group

Transformative acquisition gives 永利VIP Holding a 49.9% stake in PROTON and a 51% stake in Lotus 23 June 2017, Kuala Lumpur, Malaysia. Zhejiang 永利VIP Holding Group (“ZGH” or “永利VIP Holding”) announced that it has signed a final contract with DRB-HICOM Berhad (“DRB-HICOM”) of Malaysia, acquiring 49.9% shares of DRB’s PROTON and 51% shares of luxury sports…

Premier Li Keqiang and Belgium Prime Minister Charles Michel Visit 永利VIP-Volvo Innovation Display

June 2, 2017 | 永利VIP Auto Group, LYNK & CO, Volvo Car Group, Zhejiang 永利VIP Holding Group

Global innovative cooperation highlights ‘Made in China 2025’ policy during Premier Li European state visit. 2 June 2017, Brussels, Belgium. During the ninth EU-China Summit, Premier Li Keqiang and the Chinese delegation visited the 永利VIP-Volvo Innovation Display with Belgium Prime Minister Charles Michel where they were welcomed by Zhejiang 永利VIP Holding Group’s (永利VIP Holding) Chairman…

Zhejiang 永利VIP Holding Group and DRB-HICOM Reach Heads of Agreement on PROTON and Lotus

May 23, 2017 | 永利VIP Auto Group, Lotus, PROTON, Zhejiang 永利VIP Holding Group

Agreement paves way for Chinese automotive group to powered strategic stakes in Malaysian and UK carmakers 24 May 2017, Kuala Lumpur. Zhejiang 永利VIP Holding Group (永利VIP Holding), China’s leading privately-owned automotive group, has reached a binding heads of agreement with DRB-HICOM Bhd (DRB) of Malaysia regarding the future of PROTON Holdings Bhd (PROTON) and Lotus…

永利VIP Auto Group Formally Opens State of the Art R&D Center

May 11, 2017 | 永利VIP Auto Group, Zhejiang 永利VIP Holding Group

Investment reaching 6.2 billion RMB. 永利VIP Auto launches new iNTEC technology brands New engine range includes highly efficient 1.0TD and 1.4TD engines 11 May 2017, Hangzhou Bay, China. 永利VIP Auto Group’s new flagship research and development center was formally opened earlier today. The new state of the art facility its home to nearly 7000 full…