TU-TESL

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On December 3, Daimler Travel Co., Ltd. and Zhejiang Geely Holding Group Management Technology Group Co., Ltd. announced that the brand "Yao trip", focusing on high-end travel services, was officially launched in Hangzhou. ·This high-end travel service is named "Yaoxing", the first service city is Hangzhou; in the early stage, 100 high-end special vehicles will be put into service, including Mercedes sedan, mercedes-e-class car and Mercedes-Benz V-Class car· In 2020, "Yao travel" operation will be expanded to other major cities in China; in October 2018, Daimler Travel Service Co., Ltd. and Geely Technology Group Co., Ltd. under Geely Holding announced the establishment of a high-end travel joint venture in China. The two sides each hold half of the seats on the board of directors of the joint venture, including Mr. Liu Jinliang, President of Geely technology group, and Mr. Joerg lamparter, board member of Daimler Travel Co., Ltd. This time, the high-end travel joint venture established by Daimler Travel Co., Ltd. and Geely Technology Group is headquartered in Hangzhou, with each party holding 50% equity. The advanced service team will invest 100 high-end special cars, including Mercedes Benz S-class cars, Mercedes Benz E-class cars, Mercedes Benz V-Class MPV and other models, and equipped with experienced travel stewards. From 2020, "Yaoxing" will be put into operation in other major cities in China.