Zhejiang Geely Holding Group Enters Fortune 500 List for Fifth Year Running

Hangzhou, China. Zhejiang Geely Holding Group (ZGH) has been listed as a Fortune 500 company for the fifth year running and has advanced up the list 67 places to 410th place.

  • ZGH moves up 67 places to 410

  • Fifth year in the Fortune 500ranking

The Fortune 500 list, developed and maintained by Fortune Magazine, categorically ranks global companies based on their revenue for the respective fiscal years. Zhejiang Geely Holding Group first entered on to the Fortune 500 list in 2012 and has continued to be ranked over the past five years.

For the 2015 fiscal year, ZGH jumped from 477th place to 410th based on the groups strong 2015 sales which saw Geely Auto Group and Volvo Car Group sales jumped to over 510,000 units and 503,000 units respectively, the first time the group has had combined sales of over 1 million units.

In the first part of 2016, Geely Auto Group saw sales of 280,000 units, an increase of 11 per cent over the same period in 2015. Volvo Car Group’s sales rose by over ten per cent in the first half of 2016 to 256,563 units in the first half of 2016.

Sumi Yang

Global PR Manager, Geely

About Geely

Founded in 1986, Zhejiang Geely Holding Group (here in after referred to as “Geely”) began to specialize in the automobile industry in1997. Geely quickly focused on the industry, technological innovation, and personnel training over the past years. With total assets of more than RMB 100 billion, Geely is one of the China’s top500 companies for ten consecutive years, ranks in the top 10 automobile manufacturers for eight consecutive years. In addition, it is recognized as the “Innovative Enterprise of China” and “Complete Vehicle Export Base of China”. The total operating revenue of Geely has reached USD 23.3557billion (approx. RMB 150 billion). On July 2012, Geely was listed in Fortune Global500 as the only private automobile enterprise from China.

Headquartered in Hangzhou, Geely has complete vehicle and powertrain manufacturing bases in Linhai, Ningbo, and Luqiao of Zhejiang Province and in Lanzhou, Xiangtan, Jinan and Chengdu. We have a DSI automatic transmission R&D center and manufacturing factory in Australia. Our portfolio consists more than 30 complete vehicle models with a full range of engines from 1.0 L to 2.4 L, as well as manual/automatic transmissions to match with them.

Contact

ZHEJIANG GEELY HOLDING GROUP CO.,LTD Add: 1760，Jiangling Road,Binjiang District,Hangzhou Zhejiang Province,P.R. China　　　　　　 　 Zip: 310051

0086-0571-28001111

globalservice@geely.com

global.geely.com