Li Shufu Li Shufu Li Shufu (; born 25 June 1963), is a Chinese businessman, and the chairman of Zhejiang Geely Holding Group Co. Ltd. and Volvo Cars. Li Shufu was born in Taizhou, Zhejiang, China in 1963. He was launched as the founder and chairman of Geely Automobile in 1986, which is the second largest private automobile manufacturer in China. Currently, He resides in Hangzhou, the capital city of Zhejiang province. In 2013, Hurun Report ranked Li the No. 63 richest person in mainland China, with a net worth of US$ 2.6 billion. Li announced in November 2018 that he has
China Formula Grand Prix China Formula Grand Prix China Formula Grand Prix (CFGP) (), formerly known as Asian Geely Formula International Open Competition, is an open wheel formula racing class in China. The car, co-designed by Geely, China's biggest private-owned vehicle producer and racing cars production company Van Diemen, marks the first time that a Chinese domestic car producer is involved in the racing car design. CFGP uses a 1.8-litre 4G18 engine; the car weighs 490 kg and has a maximum speed of 240 km/h. The engine can produce 140 bhp at 6,300 rpm and 172 N/m of torque at 4,100 rpm. After an