ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

Geely becomes owner of Meizu after founder sells shares

  • Post your comment
  • Comments (6)

Max McDee, 02 January 2023

Geely

According to an article published by IT Home on December 30, Zhuhai Meizu Technology Co., Ltd. has recently undergone changes in both its industrial and commercial operations.

Wuhan Xingji Meizu Technology Co., Ltd., a holding company of Geely, became the sole shareholder after the original shareholder, Huang Xiuzhang (also known as Huang Zhang), Telling Communication Holdings Co., Ltd., Zhuhai Honghua New Kinetic Energy Equity Investment Fund (Limited partnership), Haitong Innovation Securities Investment Co., Ltd., and others withdrew their shares.

Geely becomes owner of Meizu after founder sells shares

During this process, the company's market entity type was changed from "other limited liability companies" to "limited liability companies (sole proprietorship of legal persons not invested or controlled by natural people)".

According to IT Home, Hubei Xingji Times Technology Co., Ltd. signed a contract with Zhuhai Meizu Technology Co., Ltd. on July 4 of this year, stating that Xingji Times holds a 79.09% controlling stake in Meizu Technology and has obtained exclusive rights to the company.

On the same day, changes occurred in the company's commercial and industrial operations. Zhuhai Meizu Technology Co., Ltd. appointed Shen Ziyu as the new chairman, replacing Huang Xiuzhang. Wuhan Xinglian Times Technology Co., Ltd. became the main shareholder of the company, and Shen Ziyu replaced Huang Zhipan as the legal representative. Huang Xiuzhang was demoted to the position of major shareholder.

Geely becomes owner of Meizu after founder sells shares

Following this transaction, Li Shufu, the founder of Geely, will remain the chairman of Xingji Times, while Shen Ziyu, the vice chairman of Xingji Times, will become the chairman of Meizu Technology. Both of these positions will be held by the same individuals.

In February 2021, an internal letter from Meizu revealed that Huang Zhang had resigned as CEO of the company and been replaced by his younger brother, Huang Zhipan. Huang Zhang was not seen publicly until Geely announced its plans to acquire Meizu.

Via(Chinese)

Related articles
  • Geely Galaxy six-seat flagship SUV teased ahead of its debut Geely Galaxy six-seat flagship SUV teased ahead of its debut
  • Geely wants to take electric car maker Zeekr private Geely wants to take electric car maker Zeekr private
  • 2025 Geely EX5 interior, design and features review 2025 Geely EX5 interior, design and features review
  • Geely's G-Pilot enters China's crowded autonomous driving market Geely's G-Pilot enters China's crowded autonomous driving market

Reader comments

B
  • Big Cunt
  • 3Sq
  • 15 Feb 2025

Who the *bleep* is your dealer?

  • Reply
M
  • Md kamal
  • X}e
  • 05 Jan 2023

ipon

  • Reply
?
  • Anonymous
  • ttJ
  • 03 Jan 2023

Finally meizu could survive....

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 6

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelJeep
    Compass
  • ModelSubaru
    Solterra
  • ModelSkoda
    Elroq RS
  • ModelMG
    MGS5 EV SE Long Range
  • ModelMercedes
    CLA 350 4MATIC
  • ModelVolvo
    ES90 Twin Motor Performance

Featured

  • VW ID.4, Audi Q4 and Skoda Enyaq - three identical yet so different EVs VW ID.4, Audi Q4 and Skoda Enyaq - three identical yet so different EVs
  • No, your 800V Hyundai or Kia doesn't charge at 350kW No, your 800V Hyundai or Kia doesn't charge at 350kW
  • Volvo EX90 alternatives - Mercedes EQS SUV 580 and Tesla Model X LR+ Volvo EX90 alternatives - Mercedes EQS SUV 580 and Tesla Model X LR+
  • 57 electric cars range tested at highway speeds - who wins? PART 2 57 electric cars range tested at highway speeds - who wins? PART 2
  • Peugeot e-208 tops 84 cars in ADAC's 2024 Ecotest, Model 3 ranks fourth Peugeot e-208 tops 84 cars in ADAC's 2024 Ecotest, Model 3 ranks fourth
ADVERTISEMENTS

Reviews

  • Nissan Ariya review Nissan Ariya review
  • AITO M5 review AITO M5 review
  • Dacia Spring Electric 2023 review Dacia Spring Electric 2023 review
  • 2024 Tesla Model 3 Long Range review 2024 Tesla Model 3 Long Range review

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com