Geely in Daimler-Benz, parent of Mercedes-Benz. Headquartered in Hangzhou, Zhejiang, Geely has production bases in Lanzhou, Gansu (completed in 2006, Geely construction in the region continued as of August 2010 either for expanding the existing facility or for a new semi-complete knock-down factory); Xiangtan, Hunan; an unnamed location 40 minutes south of Shanghai; Jinan, Shandong province; and at Linhai, Luqiao, and Ningbo, in Zhejiang. As of 2011, two Volvo manufacturing plants were planned in Daqing and Chengdu, and work on a transmissions-making factory in Tongliang, Chongqing had been initiated. At least four overseas factories assemble Geely models probably from semi-complete or
China Everbright Group of Everbright Securities, 23.96 per cent stake of China Everbright Bank directly. China Everbright Group also owned 41.39 percent stake in Everbright International and 4.98% stake in Shenwan Hongyuan Group. China Everbright Bank was also owned by Central Huijin Investment, making Everbright Group and Everbright Bank were sister companies. China Everbright Group China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary (55.67 percent) of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake, which Central Huijin acquired on 8 December 2014. China Everbright Group was ranked 313th in 2016 Fortune