I am proud to be chairman of Geely, one of China’s most entrepreneurial and innovative companies. Over the past decade, Geely has become a leading Chinese automotive manufacturer with a growing global presence.
The company's success is rooted in Geely’s entrepreneurial spirit and commitment to innovation and manufacturing efficiency, which allow the company to provide consumers with excellent cars and compete effectively with industry peers. At the same time Geely’s strong corporate governance provides a solid foundation to build on as it continues to grow domestically and expand internationally.
Geely's international presence has been forged through significant investments in manufacturing capacity, technological research, product development and leading overseas suppliers. The company also has a first-class dealer network and has built strong long-term partnerships manufacturers.
Geely aims to continue increasing its international presence over the next five years, with a goal to build 15 production bases worldwide and sell two thirds of its cars outside China. To do so the company is growing organically, through its existing car brands, and by considering complementary acquisitions and partnerships. Geely’s investment strategy is defined by financial discipline and a commitment to new technologies and world class quality.
By 2015, Geely plans to have developed several new car models, all compliant with international emissions requirements and suitable for sale overseas, and all of which will be designed with both domestic and international markets in mind. Among these new models will be five hybrid cars which are currently under development. As well as innovations in car design, Geely aims to release eight series of gasoline and diesel engines as well as seven series of manual and automatic transmissions.
These are ambitious goals. Geely has, however, already achieved significant success and I am confident that the Geely team will rise to the challenge and continue producing excellent cars for the company’s expanding customer base.
