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Is Geely Automobile Company a state-owned enterprise or a private enterprise?
Geely Automobile Co., Ltd. is a private automobile manufacturer founded in 1997, formerly known as "Hangzhou Geely Industrial Co., Ltd.". Headquartered in Yuhang District, Hangzhou City, Zhejiang Province, the company owns British brands such as Volvo and Geely Automobile, and is one of the largest private automobile manufacturers in China. In its development process, there is no state investment, no government control, and no state-owned enterprise attribute. Therefore, Geely Automobile Company is a private enterprise.
In the past few years, Geely Automobile has always adhered to the corporate philosophy of "quality, intelligence and touch", and improved the quality, technical content and added value of products by vigorously developing R&D and investment.
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