Geely A subsidiary of the group, Geely Auto, had its IPO on the Stock Exchange of Hong Kong in 2004. The company had a booth at the 2005 Frankfurt Motor Show, and a 2006 showing at the Detroit auto show. Geely approached Ford in mid-2008 about a possible takeover of Volvo Cars. On October 28, 2009, it was named as the preferred buyer of Volvo by the American automaker. A deal was reached in late March and completed in early August, 2010. In 2010, total sales of over 415,000 units gave the company a near 2% market share. Sales were lower
2001 China Jia B League Match Fixing Jia B team Guangzhou Geely had name changes when naming-sponsors ended sponsorship. Li Shufu, chief of Geely Group, was quoted as saying, "We won't come back until Chinese soccer environment turns better." Unsatisfied with the punishment made by the CFA, Song Weiping, the president of Zhejiang Greetown, submitted a list of referees allegedly taking bribes to CFA, seeking to have names removed from future matches. Gong Jianping, the referee of the Changchun-Zhejiang match, was arrested for bribery charges unrelated to the final round, and sentenced to 10 years in prison. 2001 China Jia B League Match Fixing The 2001 China