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Old 05-28-2010, 03:19 AM   #11
arman1
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Default Re: Geely introduction...

Shame.

Slovenian company made crime in Bosnia. Using e-banking picked all money from Bosnian daughter-company. Bosnian importer of SMA cars closed in deep doubt.
Slovenian owner of company stopped any communication.
Owners of SMA cars are without warranty and necessary spare parts.

Big cheat will be very god advertisement for Geely and SMA in Europe market, especialy in Balkan(Bosna is part of Balkan).
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How it usually goes now all the real crazy.
While the company AVTOCOM (Slovenia and Bosnia) worked on the official web site of SMA-International as a country in which exports stood and Slovenia. Thus they are buyers in Bosnia who were Internet users in some way were convinced that after dealing with the car really stands Maple SMA. After the owners of firms in Slovenia, made fraudulent and bankrupt, the owners of SMA cars were fired in Bosnia deceived.
After all manegement of SMA claims that the SMA has no idea from where Maple in Bosnia and Slovenia, although the accounts/bill are accompanied cars in Slovenia is the company logo SMA and customs papers as an exporter of SMA.
It would all be accepted as customer fraud in Bosnia, the state irrelevant and at the end of the world, that on Monday 24 May 2010 is not in Sarajevo delegation arrived from Sweden to investigate the fraud that was committed by the auspices of Geely.
We are waiting for the outcome.
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Old 11-14-2010, 07:23 PM   #12
Chrislin
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Default Re: Geely introduction...

Seeing Geely coming into international world so far,and proud of it.
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Old 12-14-2011, 06:30 PM   #13
hbomb1947
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Default Re: Geely introduction...

Hey -- since the BL coupe is no longer in production, can anyone tell me if Geely offers built-in karaoke machines (either as standard equipment or as an option) on any of its current model offerings? This information would be greatly appreciated . . .
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Old 12-25-2011, 07:33 PM   #14
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Default Re: Geely introduction...

Is Geely making a profit in its purchase of Volvo? When will Geely begin building Volvos in China?
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Old 12-08-2013, 08:40 AM   #15
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Default History of Geely

History of Geely (in Chinese):
http://www.autohome.com.cn/culture/201312/675108.html

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Old 11-22-2014, 03:25 AM   #16
chinaautoparts
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Default China prime visit Geely hangzhou head office

The day before yesterday China Prime Li keqiang visited Geely hangzhou head office,at that time I just visit Geely company,so I take some photo.

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Old 05-14-2017, 02:17 AM   #17
dmitra
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Default Re: Geely introduction

For anyone interested, Geely Auto Holdings 2016 Annual Report has been published:

http://www.geelyauto.com.hk/core/fil...en/2016-02.pdf
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Old 05-17-2017, 05:46 PM   #18
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Default Re: Geely introduction

Car News China is saying that Geely has a majority share in ZD...
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Old 05-18-2017, 01:46 AM   #19
dmitra
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Default Re: Geely introduction

Here is the relevant official document:

http://www.geelyauto.com.hk/core/fil...0160725616.pdf

Car News China is right and partially wrong at the same time. In the above document, see the diagram on page 7. For the explanations of the shareholding entities, see pages 16-19.

Simply speaking, Zhejiang Geely Holdings (the overall parent) now owns 45% of the JV company "Ninghai Zhidou" whereas the original Zhidou entities (the other partner) own 55% collectively in the JV. This would make Zhejiang Geely the minor shareholder with 45%, but simultaneously it is the largest shareholder with 45% because the Zhidou entities actually consist of 7 parties (6 companies and one individual), none of whom owns a stake bigger than Zhejiang Geely Holdings. Of course, collectively the Zhidou parties might have a bigger say in the company due to combined voting rights.

Note that Zhejiang Geely Holdings is the parent of Geely Automobile Holdings. GAH originally held 45% (through 2 subsidiaries) but transferred this stake to its parent ZGH in 2016.

Note "Ninghai Zhidou" does not manufacture cars. It owns "Lanzhou Zhidou" which is in charge of operating and modernizing the main Zhidou car-making plant (originally operated by Geely).

Last edited by dmitra; 05-18-2017 at 02:12 AM.
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Old 05-18-2017, 11:00 AM   #20
Lawrence
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Default Re: Geely introduction

According to a chinadaily.com article of June 27 of last year:
"Geely Automobile Holding has opted to sell its interests in micro-sized electric carmaker Zhidou, to enable the company to operate as an independent entity as a prerequisite to get listed in the nation's new energy vehicle catalog."

I believe the listing mentioned refers to obtaining the much coveted license to produce battery electric vehicles. Zhidou received that license this year according to Reuters.

http://www.reuters.com/article/brief...-idUSB9N1G801M

In 2014 Geely apparently invested 330RMB in revamping its plant in Langzhou (Gansu Province), as DMitra mentioned, to enable Zhidou to reach the production level required to obtain that license.
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