Mr Li started his career in the refrigerator and refrigerator parts manufacturing business in 1986, and then transferred to motorcycle manufacturing in 1993. In 1997, he entered the automobile manufacturing industry and has been devoted to the development of China’s auto industry over the past two decades.
Under Mr Li’s leadership, Geely Holding Group has been committed to independent innovation and development, and achieved major breakthroughs in engine, transmission and other core technologies in the automobile industry. Geely Holding Group has been undergoing a strategic transformation since 2007, and launched a series of competitive models into the Chinese market. On 28 March 2010, Geely Holding Group signed a Definitive Stock Purchase Agreement with Ford Motor Company to acquire Volvo Cars. The acquisition was completed on 2 August 2010. Mr Li has received numerous awards, including the “Top 10 Private Sector Entrepreneurs in China”, “Outstanding Figures in Chinese Automotive Industry”, “Top 10 Philanthropists in China” and 2009 CCTV Top 10 Businessmen of the Year.