On March 28, China Post Group Corporation Limited and Zhejiang Geely Holding Group Co., Ltd. (hereinafter referred to as Geely Holding Group) signed a strategic cooperation framework agreement in Hangzhou, Zhejiang. The two sides will cooperate in finance, express and logistics, and other fields to achieve win-win development.

Chairman Liu Aili of China Post Group and Chairman Li Shufu of Geely Holding Group held a working meeting on deepening strategic cooperation and jointly witnessed the signing of the strategic cooperation framework agreement between the two parties.

Under the agreement, the two parties are committed to establishing a long-term and stable strategic partnership. They will carry out business cooperation in market expansion, banking, insurance, securities, express and logistics, vehicle deployment and utilization, mobility, comprehensive services in factory area, branding and other aspects, to jointly promote innovation and development.