A few days ago, we learned from the official that Geely Holdings announced the optimization of the ownership structure of Polar Krypton and Lectra.
After the completion of the transaction, Geely’s shareholding in Polar Krypton will increase to about 62.8%. At the same time, the ownership structure of Lecker Automobile (hereinafter referred to as “Lecker”) has been optimized.
Polar Krypton will hold 51% of Lectra, while the remaining 49% will continue to be held by Geely’s wholly-owned subsidiaries.
The specific text is as follows: 
, in September this year, Geely Holdings Group (hereinafter referred to as “Geely Holdings”) issued the “Taizhou Declaration”, announcing that the enterprise has entered a new stage of strategic transformation.
Through the five major measures of “strategic focus, strategic integration, strategic coordination, strategic soundness and strategic talents”, the group will focus on the main automobile industry, lay out scientific and technological ecology, enhance competitiveness, strive for progress in stability, and promote the sustainable development of the enterprise.
As a key measure to implement the strategic framework of the Taizhou Declaration, Geely Holdings announced on November 14 that it would optimize the ownership structure of Polar Krypton and Lectra, straighten out the equity relationship, reduce related party transactions, and eliminate inter-industry competition.
we will unswervingly promote the deep integration and efficient integration of internal resources.
Geely Holdings will transfer its 11.
3% stake in Polar Krypton Intelligent Technology (hereinafter referred to as “Polar Krypton”, Stock Code: NYSE: ZK) to Geely Automobile Holdings Limited (hereinafter referred to as Geely Automobile, stock code: 0175.HK). When the deal is completed, Geely’s stake in polar krypton will increase to about 62.
8 per cent.
At the same time, the ownership structure of Lecker Automobile (hereinafter referred to as “Lecker”) is optimized in order to promote the comprehensive strategic coordination between Polar Krypton and Lectra.
Polar Krypton will hold 51 per cent of Lectra, while the remaining 49 per cent will continue to be held by Geely’s wholly-owned subsidiary.
Geely Holdings has always followed the principles of transparency and compliance governance of listed companies, strengthened the optimization of capital structure, resource coordination, efficiency improvement, and enabled the sustainable development of various brands.
Its brands maintain unique and clear brand positioning, differentiated technology planning and product mix.
Polar krypton is positioned as a global luxury technology brand, with “luxury, extreme, technology” brand tonality, covering the high-end luxury market.
Lecker is positioned as a global high-end brand of new energy, with “trend, sports, personality” brand tonality, covering the middle and high-end market.
Geely Galaxy and China Star positioning as the mainstream brand, with the brand tonality of “practical, quality and safety”, covering the mainstream market.
Brands continue to seek coordinated development while expanding their market share.
Among them, extreme krypton and Lectra will strengthen coordination in technology, products, supply chain, manufacturing, marketing and service, international market expansion, etc.
, improve the strength of technological innovation and stimulate economies of scale.
By the end of 2026, polar krypton and Lectra will become the world’s leading high-end luxury new energy vehicle group with annual production and sales of one million.
Li Shufu, chairman of Geely Holdings, said that in order to stand out in the fierce market competition, Geely Holdings issued the Taizhou Declaration in September this year, announcing that the company has entered a new stage of strategic transformation.
This strategic integration is the key measure to implement the Declaration, which will have a far-reaching impact on the coordinated development of various brands, improve the ability of innovation, profitability and sustainable development, and then create a situation of sound management.
to create greater value for users and investors.
(compiled / Automotive Home Guo Chen), return to the first electric network home page >.
