Geely founder Eric Li to step down as chair of flagship auto unit
- On Monday, August 17, Geely Auto founder Eric Li announced he will step down as chair, handing the role to executive director An Conghui to support long-term succession planning.
- Executive director Gan Jiayue will replace Gui Shengyue as chief executive effective August 18, with Gui becoming vice-chair, signaling a shift toward professional decision-making from family-centered management.
- Geely Auto reported on August 17 a 15 per cent rise in first-half revenue and a 46 per cent increase in core profit, growing despite intense competition in China against BYD.
- In July, the automaker struck a deal with Ford to build electric SUVs in Spain, while Volvo factories will produce luxury models for other Geely-owned brands.
- Targeting annual sales of 600,000 vehicles in Europe within three years, Geely aims to generate two thirds of revenue outside China while pursuing partnerships rather than new manufacturing capacity.
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28 Articles
Li Shufu steps down as Geely Automobile chairman · TechNode
Li Shufu has stepped down as chairman and executive director of Geely Automobile Holdings, with An Conghui appointed as his successor. Li will remain chairman of Geely Holding Group and the controlling shareholder of Geely Automobile Holdings. The change separates Li’s group-level role from the day-to-day leadership of Geely’s listed automobile platform. An Conghui previously served as president of Geely Holding and has been closely involved in …
The founder and chairman of the Chinese automotive group Geely, Li Shu Fu, has resigned after four decades at the helm of the company. The decision, effective Tuesday, is part of the conglomerate's long-term succession plan. Li will be succeeded by An Cong Hui, the group's current CEO, who will also assume the chairmanship, effective Tuesday. According to Geely, the change aims to strengthen professional management and optimize the corporate gov…
Fence for China's auto giants: Geely's founder, one of the largest manufacturers in the Middle Kingdom, and Mercedes' major shareholder, is ending. Is the company mastering the transformation of corporate culture?
Geely to produce its luxury cars at Volvo European plants in 2028, new chairman shared
Geely will produce its luxury cars at Volvo European plants starting in 2028, the new chairman of Geely Automobile, An Conghui, shared. The post Geely to produce its luxury cars at Volvo European plants in 2028, new chairman shared appeared first on CarNewsChina.com.
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The Straits TimesGeely founder Eric Li to step down as chair of flagship auto unit
SHANGHAI: Eric Li, founder of Chinese auto conglomerate Geely Holding, will step down as chair of its flagship unit Geely Auto, handing the role to executive director An Conghui in a major management reshuffle aimed at long-term succession planning.Li, who founded Geely four decades ago, will remain chair of
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