SHANGHAI MAPLE STARTS R&D ON MARINDO 506

AsiaInfo Services, January, 2006

AsiaInfo Services 01-20-2006 Shanghai Maple Starts R&D on Marindo 506 SHANGHAI, Jan 20, 2006 (SinoCast via COMTEX) -- Shanghai Maple Automobile Co., Ltd., subsidiary of Geely Group Co., Ltd., signed a contract with Shanghai Jiao Tong University on research and development of its own brand Marindo 506. The Marindo 506 is intended for medium-grade car markets at home and abroad.

The R&D has been included among the city's key projects. In addition, the hybrid-powered vehicle project, jointly developed by Shanghai Maple, Shanghai Jiao Tong University and Tongji University, has started recently. The hybrid-powered vehicle will be unveiled at the Beijing International Automobile & Accessories Industry Exhibition to be held in May 2006. Shanghai...

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