Which shell company will Geely use for its A-share listing?

[DiIan]

Geely Group currently possesses multiple A-share shell resources, and its core Hong Kong-listed entity Geely Auto is already in queue for a return to A-shares on the STAR Market. Below is relevant information about Geely Auto: Brand Portfolio: Geely Holding Group owns numerous internationally renowned brands including Geely Auto, Lynk & Co, Volvo Cars, Polestar, Proton, Lotus Cars, LEVC (London Electric Vehicle Company), Farizon New Energy Commercial Vehicles, Terrafugia, Cao Cao Mobility, Homigo, Saxo Bank, and Mingtai. Five Global Design Centers: Geely operates five design centers worldwide with 20,000 R&D personnel, consistently delivering world-class automotive designs.

[EdwardLee]

As an automotive industry analyst with over a decade of experience specializing in automakers' capital operations, I believe Geely Automobile is currently primarily listed in Hong Kong, but rumors of an A-share backdoor listing persist. Companies with historical collaborations like Lifan Technology are potential candidates, as market speculation last year pointed to it due to Geely's involvement in Lifan's restructuring and injection of new energy assets. The advantage of a backdoor listing lies in its speed compared to queuing for an IPO, making it suitable for Geely's accelerated expansion in the EV sector. However, the risks are significant, such as the shell company's debt issues or stringent regulatory scrutiny, which can easily lead to failure. A similar case is Great Wall Motors' early-stage strategy, but the current A-share environment is stricter. I advise investors not to readily believe rumors and to first look for official announcements or annual report updates. In the long run, this could help Geely access domestic financing channels to support R&D in autonomous driving technology, but short-term uncertainties are high, so consulting professional advisors before acting is recommended. The key lies in evaluating the shell company's net asset value and compliance.

[DiOwen]

As a car mechanic with twenty years of experience, I often chat with customers about changes in the auto market. The topic of Geely's backdoor listing on the A-share market has circulated in our circle, with many mentioning Lifan Technology as a potential shell, especially since Geely once rescued Lifan to venture into new energy vehicle manufacturing. However, the actual backdoor listing process is complex, involving lawyers and exchange approvals, and can take anywhere from several months to a year. As a car owner, I’m concerned about how this might affect Geely’s supply chain stability—such as whether parts supply will speed up and boost local employment. Failed backdoor listing cases, like past disastrous state-owned enterprise restructurings, have turned shell companies into zombie stocks that trap investors. I advise regular car owners to avoid speculative stock trading and focus more on maintaining their vehicles for peace of mind. If Geely succeeds in listing, it might lower car prices, but repairs could become more standardized and expensive due to after-sales service integration. In short, until official announcements are made, don’t trust unverified rumors in WeChat groups—focusing on safe driving is what truly matters.