August 20, 2014 5:59 PM ET

Automobiles

Company Overview of Zhejiang Geely Holding Group Co., Ltd.

Company Overview

Zhejiang Geely Holding Group Co., Ltd. manufactures automobiles in China. The company offers cars, engines, manual/automatic transmissions, and automotive electronics and electrical devices. It sells its products through a sales network that includes dealers and service stations in China and internationally. The company was founded in 1986 and is based in Hangzhou, China with manufacturing bases in Linhai, Ningbo, Luqiao, Shanghai, Lanzhou, Xiangtan, Jinan, and Chengdu, China; and a manufacturing factory, as well as a research and development center in Australia.

1760 Jiangling Road

Binjiang District

Hangzhou,  310051

China

Founded in 1986

Phone:

86 571 2800 1111

Fax:

86 571 8776 6217

Key Executives for Zhejiang Geely Holding Group Co., Ltd.

Chief Executive Officer and Executive Director
Age: 50
President
Age: 52
Founder and Chairman
Age: 50
Shareholder
Chief Financial Officer and Vice President
Age: 64
Compensation as of Fiscal Year 2014.

Zhejiang Geely Holding Group Co., Ltd. Key Developments

Zhejiang Geely Holding Group Co., Ltd. Presents at IP Business Congress Global 2014 Conference, Jun-23-2014 02:05 PM

Zhejiang Geely Holding Group Co., Ltd. Presents at IP Business Congress Global 2014 Conference, Jun-23-2014 02:05 PM. Venue: Amsterdam, Netherlands. Speakers: Poh Chua, Chief IP Counsel.

Geely Announces Sales Results for the Month and Year to Date Ended April 2014

Geely announced sales results for the month and year to date ended April 2014. This has seen sales drop by 20% year on year in the month of April 2014. In the month of April, Geely saw sales of 35,646 units, down 20% from the same month in 2013. Of this, exports accounted for 9,048 units, a drop of 15% year on year. Therefore, a total of 26,598 units were sold in the domestic Chinese market, an annual decrease of 28% year on year. On a year-to-date basis sales are down 33% year on year in the first four months of the year. On a ytd basis, total sales hit 125,253 units, down 33% year on year. Geely aims to sell 580,000 units in 2014.

Geely Holding Group and Brose Signs Strategic Cooperation Agreement in Cixi Plant

Geely Holding Group appointed Brose its long-term partnership. The two have signed a strategic cooperation agreement in Cixi plant. The cooperation started 2010. In addition, the cooperation coverage will include tailor-made products and tech solutions based on global manufacturing platform. The two are seeking cooperation opportunities in brand-new Geely compact car platform project; products from the platform will be sold to European and Chinese markets.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 7, 2014
Triumphant Glory Group
Merger/Acquisition
February 20, 2014
Emerald Automotive LLC
 

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