On October 6th， according to QTechnology， Geely Auto announced today its intention to implement a share repurchase plan with a maximum amount of HK$2.3 billion.
Following approval from the Stock Exchange of Hong Kong， the repurchase will be conducted in phases through an automated mechanism in the open market. Upon completion， the repurchased shares will be cancelled.
Geely officials have stated that the company’s business operations are experiencing continuous growth， supported by robust and ample cash flow. The funds for this repurchase will be drawn from Geely Auto’s existing capital and cash reserves.
The Board of Directors believes that this share repurchase plan fully demonstrates Geely Auto’s unwavering confidence in its long-term development prospects. The repurchase is expected to optimize the company’s capital structure， enhance earnings per share， and help reflect the company’s valuation more reasonably.
Official data released by Geely indicates that in September 2025， Geely Auto’s sales reached 273，125 units， a 9% increase month-on-month and a 35% increase year-on-year， setting a new historical high. This marks the seventh consecutive month of sequential growth in both monthly and year-on-year sales.
From January to September of this year， Geely Auto’s cumulative sales reached 2，170，189 units， a 46% increase year-on-year. This figure has already met the company’s full-year sales target for 2024， with the current year-to-date sales achievement rate standing at 72%.
