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Geely Auto founder Li Shufu steps down amid profit slip

Li Shufu, the founder of Geely Auto, has stepped down as chairman of the Chinese automaker. The company has appointed Andy An Conghui as the new chairman and Jerry Gan Jiayue as the CEO. This planned succession comes as Geely Auto reported record first-half revenue, despite a slip in profits. AI

RANK_REASON Leadership change at a major automotive company, not a core AI development.

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Geely Auto founder Li Shufu steps down amid profit slip

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  1. SCMP — Tech TIER_1 English(EN) · Daniel Ren ·

    Billionaire Geely Auto head Li Shufu steps down as profit slips

    Chinese billionaire Li Shufu has relinquished his role as chairman of Geely Auto, describing the planned succession as the foundation for the future sustainable growth of the country’s second-largest carmaker. Li, the 63-year-old founder of the automotive group, announced his res…