Geely and Meizu signed the strategic investment agreement

The long-rumored Geely Holding Group’s investment in Meizu Technology has finally become a reality. The strategic investment signing ceremony between Hubei Xingji Shidai Technology Co., Ltd. and Zhuhai Meizu Technology Co., Ltd. was held in Hangzhou today.

It was officially announced that Xingji Shidai held a 79.09% controlling stake in Meizu Technology and obtained sole control over the company. The chairman of Xingji Shidai, Li Shufu, and the founder of Meizu Technology, Huang Zhang, attended the signing ceremony. Wang Yong, CEO of Xingji Shidai, and Huang Zhipan, CEO of Meizu Technology, signed the contract on behalf of both parties.

It has become clear that Meizu will continue to operate as an independent brand and receive more support from the industrial chain and environmental resources. Meizu fans are already looking forward to the Geely car equipped with the Flyme car system.

“Xingji Shidai has strategically invested in Meizu Technology to jointly create a new track for intelligent experience and deeply integrate with the vast travel technology ecosystem. Flyme continues to build a better-used smartphone system, and iteratively upgrades it to accelerate the leap into the era of mobile phones, open up new integration in cross-platforms and multi-terminals, and bring a better Internet of Everything experience. Meizu is not only that Meizu, but also a brand new Meizu. Pursuit comes from love, let us set sail again with our charm friends!” the company wrote on its Weibo account.

Let’s not forget to mention that perhaps the oldest official fan club of a smartphone manufacturer is that of Meizu. Meiyou (MY+) turned 12 yesterday. Congratulations!