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Zhejiang Geely Holding Group Co., Ltd.

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Year established

1997

Location

Hangzhou Zhejiang China

Primary Industry

Automobiles, Other Vehicles & Parts

About

Based in Zhejiang, China, and founded in 1997, Zhejiang Geely Holding Group Co., Ltd. is an automobile company engaged in the design, research and development, production, sales, and service of automotive vehicles. It has established R&D Centers in Ningbo, Gothenburg, Coventry, etc. And, it also has vehicle and powertrain manufacturing facilities in Taizhou, Chengdu, Jinzhong, and other cities. In 2021, it joined the Global Automotive Quality Standards Organization IATF. In 2022, Geely Automobile Holdings acquired 34.02% of Renault Korea Motors. By the end of April 2022, the cumulative global sales exceeded 12 million. The Group manages several brands including Geely Auto, Lynk & Co, Proton Cars, and Geometry. here are more than 10 complete vehicle products, including the Emgrand EC7, Borui, Boyue, Emgrand GS, Yuanjing series, and Diamond series, as well as a full range of 1.0L-3.5L engines and matching manual/automatic transmissions. In 2021, the company's operating profit was CNY 4.385 million, and the net profit was CNY 4.353 million.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobile Dealerships, Automobiles, Other Vehicles & Parts
Website
www.geely.com
Verticals
Artificial Intelligence, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only

Deals

Deals Type
IPO
LP Direct
LP Direct
Private Placement/Follow on
Private Placement/Follow on
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Volvo Car Corporation 28 Oct 2021
Completed Volvo Car Corporation 16 Dec 2019
Completed Volvo Car Corporation 20 Dec 2016
Completed Zhejiang Geely Holding Group Co., Ltd. 08 Oct 2013
Completed Zhejiang Geely Holding Group Co., Ltd. 29 Nov 2012
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