
Geely Automobile Holdings Limited (the “Company” and its subsidiaries, collectively the “Group“) (Stock codes: 0175 (HKD counter) and 80175 (RMB counter)) is an automobile manufacturer, focusing on development, manufacturing, and sales of passenger vehicles. The Group sells its products primarily in the Chinese market and exports to many countries around the world. The Company’s shares are listed on the main board of The Stock Exchange of Hong Kong Limited; 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. The Group established its headquarters in Hangzhou, Zhejiang Province, the PRC, with 10 manufacturing plants in Chunxiao, Xiangtan, Baoji, Linhai, Jinzhong, Qiantang, Hangzhou Bay, Guiyang, Changxing, and Xi’an in the PRC, with a total annual production capacity of 2,110,000 units of vehicles per double shift as at the end of 2024. The Group’s three brands include Geely, Lynk&Co and ZEEKR covering the mass market to luxury car market. By the end of 2024, the Geely brand had 996 first-tier dealer stores for China Star series, and 952 first-tier dealer stores for Geely Galaxy brand in China, its products are also sold through other distribution networks. Meanwhile, the Geely brand exports products to 81 countries through 71 sales agents and 891 sales and service outlets. The ZEEKR brand operates 538 stores worldwide, of which 467 are in China and 71 are in more than 40 countries/regions. The Lynk&Co brand serves its customers in China through 370 “Lynk&Co Centers”, 36 new energy centers and 252 new energy retail centers. In Europe, 10 Clubs and 21 dealer sales outlets have been put into operation, and 44 dealer outlets have been put into operation in the Asia-Pacific region and the Middle East to sell to 15 countries/regions.
The Group announced “Two Blue Geely Action Plans”, the new energy strategy, and “Smart Geely 2025”, the intelligentization strategy, in 2021, and has been committed to promoting new energy intelligent transformation. The Group has launched two major intelligent new energy vehicle architectures: SEA architecture and GEA architecture, and has equipped its products with relevant new energy technologies including: NordThor EM Super Hybrid, Aegis Gold Brick Battery, 11-in-1 intelligent electric drive, etc., to create intelligent new energy vehicle products for Geely Galaxy brand, Lynk&Co brand and ZEEKR brand. Meanwhile, the Group has led in achieving a full-domain AI layout in the automotive industry, establishing a technological layout of supercomputing power, foundation models and big data through ecological collaboration, and applying these to intelligent driver assistance, smart cockpits and other aspects.
With a total workforce of 64,000 staff at the end of 2024, the Group is dedicated to fostering its core strength in electrification and intelligentization, product quality, customer satisfaction, supply chains and sustainability, so as to achieve the Group’s annual sales volume target of 2.71 million units of vehicles by 2025.