Overview
- Geely announced that Li Shufu will relinquish the chairmanship of Geely Automobile Holdings effective Tuesday, Aug. 18, with executive director An Conghui taking the role and Gan Jiayue appointed CEO.
- Li will remain chair of parent Zhejiang Geely Holding and has been named honorary chairman for life of the Hong Kong‑listed Geely Auto, with both Li and other senior executives staying on as executive directors.
- The company said the reshuffle is a long‑term succession step to professionalize management and implement its “One Geely” plan to improve strategic cooperation across brands.
- Geely Auto reported 1.4 million vehicle sales in the first half of the year, a 2% rise year‑on‑year, while exports jumped 158% to 474,228 units, which the company cited as commercial context for the change.
- Performance across the wider Geely group is mixed, with mass‑market units boosting exports and premium marques such as Polestar and Lotus facing tariff and demand pressures, a dynamic that the new leadership will need to manage.