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Eric Li: Geely Wont't Engage in Vicious Involutionary Competition
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Eric Li, Chairman of Geely Group, the parent company of GEELY AUTO (00175.HK), recently delivered an internal speech video saying that Geely will achieve comprehensive industry leadership through competition in areas such as technology, quality, service, brand and ethics, according to Chinese media. Li emphasized that Geely will not engage in vicious involutionary competition, but will engage in the value war and technology war. He believed that Geely can only remain unbeatable in the fierce market competition by adhering to its technology leadership. AASTOCKS Financial News Website: www.aastocks.com |
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