Li Shufu's automotive kingdom, with its subsidiaries frequently landing on the U.S. capital market, has attracted much attention.
Among the giants of China's automotive industry, no one can compare to Li Shufu.
Geely Auto's Zeekr brand once again leads the trend, becoming China's largest automotive group, and Li Shufu has created a remarkable industry miracle.
1. Setting the record for the fastest IPO speed of new carmakers
The Chinese automotive industry has received good news.
On May 10th, Zeekr, a new energy vehicle brand under Geely Group, was listed on the New York Stock Exchange with the stock code "ZK".
Zeekr actively promoted its IPO in the United States and eventually successfully landed on the U.S. capital market, setting a record for the fastest IPO from establishment to IPO of a new energy vehicle brand.
Established in March 2021, Zeekr went public in just over three years, making it the fastest IPO among new carmakers.
Models like Zeekr 001 and Zeekr 007 have performed well in sales. As of April this year, they have delivered a cumulative total of 240,000 units, becoming the leader in the Chinese high-end pure electric vehicle market above 200,000 yuan.
2. The ninth listed company under Li Shufu's helm
Zeekr's listing marks the second IPO under Li Shufu and the ninth listed company under his control.
In 2005, Geely Auto was listed in Hong Kong;
In 2016, Qianjiang Motorcycle was acquired and listed;
In 2020, Huali Xingma was acquired and renamed Hanma Technology, and Lifan Auto was listed;
In 2021, Volvo successfully landed on the Stockholm capital market in Sweden.
In 2022, Polestar and EcarX successively listed on Nasdaq.
This year, Lotus and Zeekr have been listed, becoming new members of Li Shufu's automotive empire.
The number of subsidiary brands under Geely has reached close to 20.
3. The rise of China's largest automotive group
Li Shufu has created a vast automotive empire, and the success of his listed companies adds new luster to his empire.
Geely Holding Group has become one of China's largest automotive groups, with its holding companies covering multiple fields.
Born in 1963 into a poor peasant family in Zhejiang Province, Li Shufu built this automotive empire in less than 30 years.
In 1996, he entered the automotive industry and led Geely to become a pioneer of Chinese independent brands.
Geely subsequently acquired Volvo and quickly rose to become the leader in the Chinese automotive industry, winning the top spot in independent sales for five consecutive years.
Now, Geely Holding Group has become a leader in China's automotive industry, winning international reputation for the Chinese automotive industry.
4. Li Shufu's legendary life
Li Shufu's life is full of legends.
Born into a poor peasant family in Taizhou, Zhejiang Province, Li Shufu experienced various stages of life, from herding cattle, running a photography studio, making refrigerators to doing business.
In 1996, Li Shufu decided to enter the automotive industry, a time when Chinese independent brands were almost non-existent.
However, his courage and determination enabled Geely to become the first privately-owned enterprise in China to obtain passenger car production qualifications.
Subsequently, Geely continued to grow, acquiring brands such as Volvo, becoming a leader in the Chinese automotive industry.
Today, Geely Auto's successful listing in the field of new energy vehicles once again demonstrates Li Shufu's business acumen and leadership, propelling his automotive empire to new heights.
5. Future prospects
Li Shufu's automotive empire is heading towards new peaks.
In the future, Geely Auto will continue to focus on the development of new energy vehicles and expand global markets through acquisitions and partnerships.
As the global automotive industry continues to evolve, Li Shufu will continue to lead Geely Auto to achieve greater success and contribute more to the development of China's automotive industry.
6. The successful listing of the Zeekr brand is crucially important under Li Shufu's leadership.
His leadership and strategic vision have allowed Zeekr to stand out in the fiercely competitive automotive market.
Zeekr's rapid development and successful listing demonstrate Li Shufu's outstanding entrepreneurial talents and profound understanding of the automotive industry.
7. Li Shufu's success is not only reflected in the automotive industry but also in cross-border cooperation and diversification.
His acquisitions and investments involve London taxi companies, American flying car company Terrafugia, as well as stakes in Daimler, Aston Martin, Renault Korea, and other companies.
These moves demonstrate Li Shufu's business acumen and keen insight into future trends.
8. In addition, Li Shufu's success also inspires the development of China's automotive industry.
As one of the representatives of China's automotive industry, his experience and achievements set an example for other entrepreneurs, promoting the development and growth of China's automotive industry.
His story is not only admirable but also provides inspiration for countless entrepreneurs, inspiring them to innovate and continuously strive for success.
9. Finally, although Li Shufu's automotive empire has achieved tremendous success, he has not stopped moving forward.
He remains cautiously optimistic about the future, continuing to explore new market opportunities and development paths.
In the new era, he will continue to lead Geely Auto towards a brighter future, injecting new vitality and momentum into China's automotive industry.
10. In summary, Li Shufu, as a leading figure in China's automotive industry, has successfully built a vast and powerful automotive empire through his outstanding leadership and strategic vision.
His story is not only a legend in the Chinese automotive industry but also a model of the entrepreneurial spirit in China.
With the continuous development and growth of China's automotive industry, it is believed that Li Shufu will continue to play an important role and contribute more to the future development of China's automotive industry.
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