Li Shufu Stresses Automakers Must Uphold Respect for IP and Innovation

On June 13, Li Shufu, Chairman of Geely Holding Group, stated in a public speech that automakers must obtain their technological achievements through legitimate and transparent means, and should not adopt a "quick, cheap, and short-term" approach to vehicle development. He emphasized that safety, health, and sustainability are fundamental to automotive companies, and respecting intellectual property rights, automotive culture, technological innovation, and the historical evolution of the industry constitutes the most basic value orientation for enterprises. Li stressed that a sound value orientation is a critical factor determining whether a company can achieve lasting success and continuity.