The company expanded slowly and steadily. In August 2002, they acquired Jiangmin Zhida Group, which is headquartered in Shanghai and owned by Li's younger brother.
In 2002 1 1 month, the luxury version of Hao Qing was launched, and in 2003, the Geely sports car Beauty Leopard was launched. The latter is famous all over the world for its built-in karaoke equipment.
Geely produced 38,888 cars in 2003, including 32,667 Hao Qing models. Their new subsidiary, Shanghai Maple Leaf, made a 6297 Huapu model based on the original JMStar works.
Today, the company is a holding entity, Geely Automobile Holding Co., Ltd., its main production base is in Beilun Economic and Technological Development Zone, Ningbo, Zhejiang Province, and Hao Qing is being built in Taizhou Linhai. Geely has been listed on the Hong Kong Stock Exchange and exported some cars to Syria. Now they are cooperating with Daewoo International of South Korea, Maggiora of Italy and Ruecker of Germany to develop new models. "