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Oct. 18, 2024


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About the Company

Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding ( ; Chinese: 吉利控股; pinyin: Jílì Kònggǔ), is a Chinese multinational conglomerate headquartered in Hangzhou, Zhejiang. The company is privately owned by Chinese entrepreneur Li Shufu, and mainly engaged in the automotive industry. Geely was founded 1986 as a refrigerator parts company, before transitioning to motorcycles in 1994 and entering the automotive industry in 1997. ZGH as a holding company was founded in 2003. As of 2023, the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies. In 2023, the group produced a total of 2.79 million vehicles globally, including 980,000 plug-in electric vehicles. The company manufactures and sells vehicles under the brands of Geely and Lynk & Co, which are part of the Geely Auto Group business unit, along with its subsidiaries and joint ventures such as Zeekr, Volvo Cars, Polestar, Proton, Smart and Lotus, as well as commercial vehicles under the London EV Company, Radar Auto and Farizon brands. It produces motorcycles under its subsidiaries Zhejiang Geely Ming Industrial (Jiming and Geely), Qianjiang Motorcycle (QJMotor and Keeway), and Benelli. It also holds a 17% stake in Aston Martin and owns half of Horse Powertrain, an engine manufacturing joint venture with Renault. Geely is a phonetic transliteration of the company's native name 吉利 (pinyin: Jílì), which means "auspicious" or "propitious" in Chinese.

Sector

Trade & Services

Industry

Services-Employment Agencies

Employees

80000

Exchange

NYSE

$122M

Total Revenue

80K

Employees

$28M

Market Capitalization

-3.91

Price/Earning ratio

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