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Economy

No Daimler board seat for Li

1
2018-03-02 13:46Global Times/Agencies Editor: Li Yan ECNS App Download

Li Shufu, founder and main owner of China's Geely, is not seeking influence over Daimler's strategy via representation on its board after building up a stake of almost 10 percent in the German carmaker, according to a newspaper interview.

"I respect the values and culture of Daimler. I have never asked for a seat on the supervisory board, and that doesn't have any priority for me," German weekly Bild am Sonntag quoted Li as saying in an interview.

  

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