Why quickly integrate Geely and Polestar? Gui Shengyue: The market does not provide room for error, so integrating quickly is necessary to enhance the competitiveness of the enterprise.

Geely Holding Group Limited held a first quarter performance release conference and a briefing on the "One Geely" strategic integration plan for 2025. At the meeting, Geely Holding Group Limited's CEO and Executive Director Gui Shengyue stated that the purpose of the integration with Extreme Racing was to further implement the "Taizhou Declaration," focus on the automotive industry, return to "One Geely," promote deep integration and efficient collaboration of internal resources, eliminate duplication of investment, reduce costs, and create long-term value for the company. Gui Shengyue said that in the face of intense market competition and market conditions, it is necessary to further improve integration efficiency, resolve conflicts of interest, and consolidate company resources into "one fist" in order to truly enhance the company's competitiveness. Faced with fierce competition and no margin for error in the market, Geely Automobile needs to quickly integrate to enhance its competitive edge.