Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
 
 
Brussels, 12.8.2021  
C(2021 ) 6079 final  
PUBLIC VERSION  
Zhejiang Geely Holding Group Co., 
Ltd. 
1760 Jiangling Road, Binjiang District,   
Hangzhou  
China  
 
Futaihua Industry Shenzhen Co., Ltd.  
Building 4,6,7 and 13 (Section 1) of 
Foxconn Guanlan Science & 
Technology Park B District, DaSan 
Community, Guanlan Street, Longhua 
New District   
Shenzhen  
China 
Subject : Case M.  10277 — Geely/Futaihua /JV 
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 20 J uly 2021 , the European Commission received notification of a proposed 
concentration pursuant to Article 4  of the Merger  Regulation by which the 
undertakings Zhejiang Geely Holding Group Co., Ltd. (“Geely”, China)  and Futaihua 
Industry Shenzhen Co., Ltd. (“Futaihua”, Taiwan), a wholly -owned subsidiary of Hon 
Hai Precision Industry Co., Ltd., trading as the Foxconn Technology Group (Taiwan),  
acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Communi ty’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 

2 control over the whole of the undertaking greenfield joint venture (“Joint Venture” 
China)  by way of  purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 for Geely : the production and sales of passenger cars worldwide,  
 for Futaihua : the provision of third -party electronic manufacturing services 
("EMS") to Original Equipment Man ufacturers (“OEM”) of electronic products, 
such as computers, mobile phones, video game consoles and televisions,  
 for the Joint Venture : partial or all of  OEM production and comprehensive 
customized consulting services in China relating to whole vehicles, parts, 
intelligent drive systems, automotive ecosystem platforms, electric vehicle 
industry value chain, etc. to automotive enterprises.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within t he scope of the Merger  Regulation  and of 
paragraph 5 (a) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applicat ion of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
3  Publication in the Official Journal of the European Union No C 299, 27.07.2021 , p. 15. 
4  OJ C 366, 14.12.2013, p. 5 .