Geely Holding's Li Donghui: "One Geely" strategic integration is expected to save billions of yuan in R&D costs each year
Li Donghui, CEO of Geely Holding Group, Vice Chairman and Executive Director of Geely Automobile Holdings Co., Ltd., said that after the full merger of Geely Auto and Zeekr, current internal estimates show that the company will save more than tens of billions of yuan in research and development expenses each year. In terms of joint procurement, through some initial attempts last year, the company has saved billions of yuan in additional procurement amounts on top of the original budget. In addition, significant results will also be seen in management departments such as human resources, finance, and legal affairs.