Accueil Ernstrade Bourse Actualite Stock

plus500
 
Hong Kong 

Geely Automobile Holdings Limited (the “Company”) (SEHK stock code: 175) is an automobile manufacturer, focusing on development, manufacturing and sales of passenger vehicles. The Company sells most of its products in the China market and has also expanded its sales through export to other developing countries in the past few years. The Company’s shares are listed on the main board of The Stock Exchange of Hong Kong Limited (“SEHK”); the controlling shareholder of the Company is Zhejiang Geely Holding Group Company Limited, a private company incorporated in the People’s Republic of China (the “PRC”) which is wholly owned by Mr. Li Shu Fu, the Company’s substantial shareholder and chairman of its board of directors, and his associate. With its headquarter established in Hangzhou, the PRC and 6 manufacturing plants in Luqiao, Ningbo/Cixi, Chunxiao, Xiangtan, Jinan and Chengdu in the PRC, the Company has a total annual production capacity of 670,000 units of vehicle per shift as at 31 December 2015. The Company sells its 14 major sedan models, which are mostly powered by its own high-performance turbocharged engines and developed from 5 product platforms of its own in “GEELY” brand, which are retailed through more than 600 dealers in the PRC. The Company also exports its products through 24 sales agents and 446 sales and service outlets in 24 oversea countries, mainly to developing countries in the Middle East, Asia, Affrica and South America. Recently, the Company announced its new energy vehicle strategy named 'Blue Geely Initiative' in November 2015 displaying its dedication to transformation into industry leader in new energy vehicle technologies amid the launch of its first new energy vehicle model on the back of the growth momentum of sales of new energy vehicles in China being expected to continue in the years ahead. With a total workforce of 18,700 staff at the end of 2015 dedicated to fostering the Company’s core strength in powertrain technologies, product quality, customer satisfaction and supply chains, the Company generated RMB30.14 billion revenues in 2015. Total market capitalization was HKD34.15 billion as at 16 April 2016.
 


http://www.geelyauto.com.hk/en/

 
 
 
 


 
Copyright  2017  Ernstrade.com