Geely Group has recently established a smart technology company in Qingdao.

According to the Qi Cha Cha APP, Qingdao Ge'erXingqi Intelligent Technology Co., Ltd. was recently established with Li Youbo as the legal representative and a registered capital of 200 million yuan. Its business scope includes manufacturing of virtual reality devices, wearable intelligent devices, and smart home consumer devices. The equity penetration displayed on Qi Cha Cha shows that the company is wholly owned by Ge'er Co., Ltd.