Core Viewpoint - Geely Automobile's stock rose over 3%, currently at 19.03 HKD with a trading volume of 1.333 billion HKD, following the announcement of the latest progress on the merger agreement [1] Group 1: Company Developments - On September 15, Geely Automobile announced the latest developments regarding the merger agreement, which includes privatization and merger matters, with formal approval expected from Zeekr shareholders at the shareholder meeting on September 15, 2025, in accordance with Cayman Islands company law [1] Group 2: Financial Projections - Daiwa updated its valuation model for Geely Automobile after the company released its half-year results, predicting sales volumes of 3 million to 3.8 million vehicles from 2025 to 2027, an increase from the previous forecast of 1.9 million to 2.3 million vehicles [1] - The firm is optimistic about Geely's successful transition to new energy vehicles, expecting that more growth from 2025 to 2027 will come from overseas expansion [1] Group 3: Profitability and Cost Efficiency - Daiwa believes Geely will benefit from profit improvements due to economies of scale and cost savings from internal synergies within the group [1]

Core Viewpoint - Geely Automobile's stock has risen over 3% following the announcement of the latest developments regarding its merger agreement, indicating positive market sentiment towards the company's future prospects [1] Group 1: Company Developments - On September 15, Geely Automobile announced the latest progress on the merger agreement, which includes privatization and merger matters, with formal approval expected from Zeekr shareholders by September 15, 2025, under Cayman Islands company law [1] - The stock price of Geely Automobile reached HKD 19.03, with a trading volume of HKD 1.333 billion [1] Group 2: Analyst Insights - Daiwa updated its valuation model for Geely Automobile following the release of its half-year results, predicting sales volumes of 3 million to 3.8 million units from 2025 to 2027, an increase from the previous forecast of 1.9 million to 2.3 million units [1] - The firm is optimistic about Geely's successful transition to new energy vehicles and anticipates that future growth from 2025 to 2027 will be driven by overseas expansion [1] - Daiwa expects Geely to benefit from improved profits due to economies of scale and cost savings from internal synergies [1]

Core Viewpoint - Geely Automobile (00175) announced the issuance of 10,000 ordinary shares on September 16, 2025, due to the exercise of stock options by related entity participants under the stock option plan adopted on April 28, 2023 [1] Summary by Relevant Categories - **Company Actions** - Geely Automobile will issue 10,000 ordinary shares as part of a stock option plan [1] - The stock option plan was adopted on April 28, 2023 [1] - **Future Implications** - The issuance of shares is scheduled for September 16, 2025, indicating a planned approach to capital management [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 吉利汽車控股有限公司 呈交日期： 2025年9月16日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | | 股份類別 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00175 | | 說明 | | | | | | | 多櫃檯證券代號 | 80175 | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份 ...

Core Viewpoint - Geely Auto has unveiled the exterior images of the 5th generation Emgrand, showcasing a more pronounced sporty design with the new Geely 4.0 family design language [1] Design Features - The front features a newly designed grille with 12 vertical slats, flanked by sharp three-segment LED daytime running lights and headlight clusters [3] - The side profile includes a high waistline extending from the front to the rear, traditional door handles, and a slightly raised ducktail design to enhance the sporty feel [3] Dimensions - The 5th generation Emgrand measures 4815mm in length, 1885mm in width, and 1480mm in height, with a wheelbase of 2755mm, representing a comprehensive improvement over the current model [3] Rear Design - The rear does not feature the popular through-type taillights but instead has elongated LED tail lights with over 300 meters of penetration capability, significantly enhancing driving safety in rainy or foggy conditions [5] Powertrain - The vehicle is equipped with a 1.5T engine, delivering a maximum power of 133kW and a peak torque of 290N·m, paired with a 7-speed wet dual-clutch transmission [5]

Core Viewpoint - Lynk & Co has launched its first plug-in hybrid model, the Lynk 10 EM-P, responding to user demand for a vehicle in the hybrid segment after the introduction of its first pure electric product, the Lynk Z10 [2][3] Product Launch and Features - The Lynk 10 EM-P was launched on September 8, 2024, with a starting price of 163,800 yuan, offering four versions: 120 four-wheel drive Halo, 120 four-wheel drive Ultra, 240 four-wheel drive Ultra, and 240 four-wheel drive Ultra Sport [2] - The vehicle features a smart electric four-wheel drive system, laser radar, and is the first to use the NVIDIA Thor driving assistance chip, supporting the Qianli Haohan H7 driving assistance solution [2][3] Strategic Positioning and Market Approach - Lynk & Co aims to enter the "Intelligent 2.0 Era," addressing previous shortcomings in smart technology compared to new competitors [3] - The company emphasizes creating "high-value products" by leveraging scale effects to reduce costs while maintaining quality, avoiding a low-quality price war [4][5] - The pricing strategy is designed to ensure profitability while considering market conditions and consumer demand, aiming for a balance between price and value [5] Technological Advancements - The integration of the Qianli Haohan H7 driving assistance system across Lynk models allows for significant cost-sharing in software development, enhancing competitiveness [4][5] - The Lynk 10 EM-P is designed with future upgrades in mind, featuring hardware that exceeds current requirements to accommodate future technological advancements [4] Brand Integration and Future Planning - The integration of Lynk & Co and Zeekr is not merely a merger but aims to maintain distinct brand identities while optimizing resource allocation and technological development [6] - Lynk will continue to develop a diverse product line, including fuel vehicles and new hybrid models, while Zeekr will focus on higher-end electric vehicles [7]

Core Points - Geely Automobile announced the approval of the privatization proposal for Zeekr at the shareholders' meeting, marking significant progress in the privatization deal [2] - The company plans to acquire all issued and outstanding shares of Zeekr, including Zeekr's American Depositary Shares, as part of the privatization process [2] - The transaction is subject to several conditions that must be met before final completion, indicating uncertainty in the deal [2] Summary by Sections - **Privatization Approval** - The privatization proposal for Zeekr has been formally approved by shareholders, representing a milestone for Geely Automobile [2] - **Transaction Details** - Geely intends to acquire all issued and outstanding shares of Zeekr, excluding certain shares, to achieve privatization [2] - **Conditions and Uncertainty** - Despite the approval, the transaction is contingent upon meeting several prerequisites outlined in the merger agreement, which introduces uncertainty regarding its finalization [2]

Core Viewpoint - Geely Automobile and Zeekr have successfully passed the merger agreement, marking a significant step in Geely's "One Geely" strategy, with Zeekr becoming a wholly-owned subsidiary of Geely after the merger [1][2] Group 1: Merger Details - On September 15, Zeekr's shareholders voted in favor of the merger agreement with Geely, achieving a 94.2% approval rate [1] - Geely announced plans to acquire all outstanding shares of Zeekr, with shareholders having the option to receive cash or exchange for Geely shares [2] - The merger is expected to be completed by the end of this year, contingent upon the approval of both Geely and Zeekr shareholders [2] Group 2: Financial Performance - Zeekr reported total revenue of 27.431 billion yuan in the second quarter, a year-on-year decrease of 0.9% but a quarter-on-quarter increase of 24.6% [2] - The net loss for Zeekr in the second quarter was 287 million yuan, which represents an 88.8% year-on-year reduction and a 62.4% quarter-on-quarter reduction [2] Group 3: Previous Developments - Geely holds approximately 65.7% of Zeekr's shares prior to the merger, indicating a strong controlling interest [1] - Zeekr had previously merged with Lynk & Co, with Lynk & Co becoming a non-wholly-owned subsidiary of Zeekr [2]

Core Points - The special shareholders' meeting of Zeekr Technology approved multiple proposals, including the merger agreement with Geely Automobile, with a 94.2% approval rate, marking a significant step in the "One Geely" strategy [1] - Following the merger, Zeekr Technology will become a wholly-owned subsidiary of Geely Automobile and will no longer be listed on the New York Stock Exchange [1] - Geely Automobile aims to enhance overall group synergy by integrating internal resources and eliminating redundant investments under the guidance of the "Taizhou Declaration" strategy [1] Company Strategy - Zeekr Technology focuses on developing high-end luxury electric vehicles, and the merger will allow Geely to leverage its high-performance, intelligent, and global advantages [1] - The merger will enable Geely to comprehensively cover mainstream, mid-to-high-end, and luxury segments, forming a diverse power system that includes fuel, pure electric, plug-in hybrid, and hydrogen fuel cell vehicles [1] - The successful approval of the merger agreement marks the final phase of the "One Geely" initiative, laying the foundation for cost advantages, enhancing brand competitiveness, and increasing global market influence [1]

Group 1 - The core point of the article is the approval of the merger agreement between Zeekr Technology and Geely Automobile, marking a significant step in the "One Geely" strategy with a 94.2% approval vote from shareholders [1] - Following the merger, Zeekr Technology will become a wholly-owned subsidiary of Geely Automobile and will no longer be listed on the New York Stock Exchange [1] - The merger will enable Geely Automobile to integrate its high-performance, intelligent, and global advantages, enhancing its capabilities in technology, products, supply chain, manufacturing, marketing, and international resources [4] Group 2 - The merger will allow Geely Automobile to cover mainstream, mid-to-high-end, and luxury segments, creating a diverse power system that includes fuel, pure electric, plug-in hybrid, and hydrogen electric vehicles [4] - The successful passage of the merger agreement signifies the completion of the "One Geely" strategy, establishing a solid foundation for the group to build cost advantages, enhance brand competitiveness, and increase global market influence [4]