On June 13, during the 2026 China Automotive Chongqing Forum, Li Shufu, Chairman of Geely Holding Group, announced through a video address that Geely will strategically streamline its operations by shutting down, suspending, or divesting non-essential entities. The goal is to concentrate resources on fortifying Geely Automobile Holdings Limited, its primary listed entity. This initiative is designed to establish a modern corporate operating framework characterized by a more transparent governance structure, clearly delineated responsibilities, streamlined operations, and adherence to global standards. By doing so, Geely aims to translate the strategic vision of 'One Geely' into tangible benefits in terms of system efficiency, governance, and global competitiveness, ultimately fostering a conducive environment for Geely's sustained growth. In recent times, Geely Automobile has exhibited robust growth, emerging as the top-performing automotive stock in Hong Kong in terms of share price appreciation since the start of the year.
