Li Donghui, Chief Executive Officer of Geely Holding Group, revealed that following the integration of the 'One Geely' strategy, the group anticipates a substantial annual saving of billions of yuan in research and development (R&D) costs. Furthermore, it is expected to achieve additional savings of several billion yuan through joint procurement efforts. Notably, significant improvements are also envisioned in human resources, finance, legal affairs, and other key management departments.
