Geely Holding holds an approximate 9.7% stake in German automaker Daimler through an overseas company with a market capitalization of nearly US$ 9 billion. This shareholding ratio means that Geely is the largest shareholder in Daimler, which owns Mercedes-Benz and other car brands. As Geely insists on doing business based on marketization and moving closer to global brands through capital investment, such investment will be affirmed and supported by the Chinese government. Geely will follow Huawei to become the new benchmark for the development of China's private enterprises.