LI Shufu

Chairman of Zhejiang Geely Holding Group

Mr. LI Shufu is the founder and Chairman of Zhejiang Geely Holding Group (Geely Group). He founded the Geely Group in 1986. Geely then entered the automotive industry in 1997. Over the years, the Geely Group has remained devoted to developing China’s industrial sector and adherence to the pillar principles of technological innovation and nurturing talent. Mr. Li aspires to build Geely into a global company that has an inclusive and diversified corporate culture and fulfils its corporate social responsibility. Under his excellent leadership and forward-looking vision, Geely Group has maintained robust growth momentum during the past 31 years and has ranked among Fortune 500 companies for six consecutive years. With over 70,000 employees around the world, Geely Group has become a global company with deep roots in China.

Upholding Geely’s philosophy of global operation coupled with high inclusiveness and coordinated development, Mr. Li has led the Group to complete several international acquisitions in order to expand its global presence, including the acquisition and revival of Volvo Cars and the acquisition of the London Taxi Company. In 2017, the Geely Group acquired a 49.9% stake in Proton and a 51% stake in the Lotus sports car to further enhance its global competitiveness and internal synergies. Mr. Li is a forward-looking person as evidenced by Geely’s quick move into autonomous driving, smart connectedness, and new energy businesses. He embraces reforms and strongly believes in developing world leading technologies and building the innovation capability of the Group. He believes that this is the only way for Geely to meet the different demands of all market segments with a variety of Geely brands, all of which have their own unique positioning and differentiated configurations.

Mr. Li has always been committed to technological innovation, the nurturing of talent, and promoting education. Under his leadership, Geely Group founded Beijing Geely College, the largest private college in China, in 2000 and Sanya College in 2005 as well as other higher education institutions.

Mr. Li has been elected as a member of the National Committee of the Chinese People’s Political Consultative Conference three times. He is also vice chairman of the All- China Federation of Industry and Commerce. In addition, he has been named the most influential business leader in China, one of China’s “Top 10 Private Entrepreneurs,” an outstanding figure of China’s automotive industry, one of the “Top 10 Philanthropists of China” among other recognitions. In 2011, the royal family of Belgium gave its highest honor, the Order of Leopold II, to Mr. Li to recognize his contribution to the global automotive industry.