Company Information

Company Brief

Geely Automobile Holdings Limited (the “Company” and its subsidiaries, collectively the “Group”) (SEHK stock code: 175) is an automobile manufacturer, focusing on development, manufacturing and sales of passenger vehicles. The Company sells most of its products in the China market and has also expanded its sales through export to other developing countries in the past few years. The Company’s shares are listed on the main board of The Stock Exchange of Hong Kong Limited (“SEHK”); the controlling shareholder of the Company is Zhejiang Geely Holding Group Company Limited, a private company incorporated in the People’s Republic of China (the “PRC”) which is wholly owned by Mr. Li Shu Fu, the Company’s substantial shareholder and chairman of its board of directors, and his associate. With its headquarter established in Hangzhou, the PRC and 9 manufacturing plants in Luqiao, Linhai, Ningbo/Cixi, Chunxiao, Baoji, Jinzhong, Xiangtan, Jinan and Chengdu in the PRC, the Group has a total annual production capacity of 1,710,000 units of vehicle per double shift as at 31 December 2018. The Group sells its 17 major vehicle models (including the “Lynk&Co” vehicle models sold by the Group’s 50%-owned joint venture, namely “Lynk&Co JV”) developed under 4 platforms & 2 modular architectures. By the end of 2018, the Group had more than 978 dealers in the PRC, marketing “Geely” brand vehicles. The Lynk&Co JV adopted a different marketing and distribution system and served its customers via 222 Lynk&Co Centres and 17 Lynk&Co Spaces in the PRC. The Group also exported its products through 24 sales agents and 336 sales and service outlets in 24 oversea countries, mainly to developing countries in the Eastern Europe, Middle East and Africa in 2018. In November 2015, the Company announced its new energy vehicle strategy named 'Blue Geely Initiatives' displaying its dedication to transformation into industry leader in new energy vehicle technologies. The initiatives’ target is to ensure that up to 90% of the Group’s total sales volume would be in the form of new energy and electrified vehicles (“NEEVs”). With a total workforce of 52,400 staff at the end of 2018 dedicated to fostering the Group’s core strength in powertrain technologies, product quality, customer satisfaction and supply chains, the Group generated the revenue of about US$15.5 billion in 2018. Total market capitalization was about US$20.3 billion as at 10 Apr 2019.