Who owns Geely Automobile Holdings Limited? The ownership chain, Geely Holding's stake and the 2004 deal
Facts checked
Geely Automobile Holdings Limited appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
Geely Holding held 39.94% of the Hong Kong-listed company through controlled corporations at 31 December 2023, including 26.20% via Proper Glory Holding Inc. Geely Automobile Holdings has traded in Hong Kong since 2004; the percentage will have shifted since new shares were issued in the December 2025 Zeekr merger.
The short answer
| Controlled by | Geely Holding |
|---|---|
| Stake | 39.94% |
| Since | 2004 |
| Kind | company |
| Origin | CN |
| Name in Chinese | 吉利汽车控股有限公司 “JEE-lee CHEE-chuh KONG-goo” |
| Top of the chain | Li Shufu |
The chain, step by step
Li Shufu owns Geely Holding at 82.23% since 1986.
Li Shufu founded Geely Holding in 1986 and owns 82.233% of it directly; his son Li Xingxing holds 8.0583% and Ningbo Yima Enterprise Management Partnership 9.7087%, which Polestar's 2025 annual report summarises as Li Shufu owning about 91.9% directly or indirectly.
Geely Holding owns Geely Automobile Holdings Limited at 39.94% since 2004.
Geely Holding held 39.94% of the Hong Kong-listed company through controlled corporations at 31 December 2023, including 26.20% via Proper Glory Holding Inc. Geely Automobile Holdings has traded in Hong Kong since 2004; the percentage will have shifted since new shares were issued in the December 2025 Zeekr merger.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Li Shufu | Geely Holding | owns | 82.23% | 1986 |
| Geely Holding | Geely Automobile Holdings Limited | owns | 39.94% | 2004 |
Related
Sources for Geely Automobile Holdings Limited
- Geely Automobile Holdings Limited (HKEXnews), Geely Automobile Holdings Limited Annual Report 2023, Directors' Report. Read . Substantial shareholder table at 31 December 2023: Geely Holding 39.94%, Proper Glory Holding Inc 26.20%.
- Geely Automobile Holdings Limited (HKEXnews), Geely Automobile Holdings Limited, interim results for the six months ended 30 June 2025. Read .
- Lotus Technology Inc (U.S. Securities and Exchange Commission), Lotus Technology Inc., Form 20-F for the year ended 31 December 2025, Item 6.E Share Ownership, footnote 6. Read . Percentages as disclosed for 28 February 2026.
- Polestar (U.S. Securities and Exchange Commission), Polestar Automotive Holding UK PLC, Form 20-F for the year ended 31 December 2025, Item 7.A. Read .
- Geely Automobile Holdings Limited (HKEXnews), Geely Automobile Holdings Limited Annual Report 2023, Directors' Report: Interests of substantial shareholders. Read .
- Wikipedia, Geely Auto (article). Read . Finding aid for the 2004 Hong Kong listing.