2023–2026
Golden Power and Sinochem: 2023–2026 governance conflict over Chinese influence at Pirelli
The Italian government used its 'Golden Power' powers to limit the influence of Pirelli's principal Chinese shareholder over technologies considered strategic. The conflict continued until 2026, with the termination of shareholder agreements and a reshaping of the board more favourable to Camfin and Tronchetti Provera.
- State of the evidence
- Documented
- Attribution
- Direct responsibility
Sources · 3
- [1]
- [2]PirelliCessato il patto tra CNRC, Marco Polo, Camfin e Tronchetti ProveraPress releasePrimary source
- [3]ReutersPirelli appoints new board dominated by company veteran Tronchetti ProveraNews agencyHigh reliability
Last verified: 2 September 2026
