Li Shufu has stepped down as chairman and executive director of Geely Automobile Holdings, with An Conghui appointed as his successor. Li will remain chairman of Geely Holding Group and the controlling shareholder of Geely Automobile Holdings.
The change separates Li’s group-level role from the day-to-day leadership of Geely’s listed automobile platform. An Conghui previously served as president of Geely Holding and has been closely involved in the group’s vehicle operations. [Caixin, in Chinese]