Geely. China is the only driver of growth.

Geely

Geely Corporation was founded in Taizhou (China) in 1986 and was producing refrigerators, motorcycles and van. The decision to enter the car business was taken only ten years ago, when Geely received Chinese State formal approval to start up it. In 2004 Geely Automobile Holdings Ltd was quoted at the Hong Kong Stock Exchange thanks to a successful IPO. Actually 50.3% of shares are controlled by Zhejiang Geely Holding Group Company Ltd. owned by Mr. Li Shu Fu

Geely. China is the only driver of growth.

Geely Global Performance is positive but totally depending on the domestic market. International sales has lost terrain all over a part the middle east. Indeed Saudi Arabia and Oman are within the top markets.

April 12, 2017