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China: Geely to invest Yuan 2bn to expand Lanzhou plant

Geely Automobile Holdings plans to invest Yuan 2bn (US$292.96m) to increase production capacity at its plant in Lanzhou, in China's Gansu Province. This investment will be made over the next three years. China Daily, citing company officials, says the expanded plan is expected to generate revenue of around Yuan 10bn. The It’s time to log … Continued

Geely Automobile Holdings plans to invest Yuan 2bn (US$292.96m) to increase production capacity at its plant in Lanzhou, in China's Gansu Province. This investment will be made over the next three years.

China Daily, citing company officials, says the expanded plan is expected to generate revenue of around Yuan 10bn. The

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