Core Viewpoint - The company, Zeekr (极氪), is experiencing a positive market response with a stock price increase and is set to release its financial results for the fiscal year 2025, indicating growth in revenue and a significant reduction in net loss [1][2]. Financial Performance - As of March 31, 2025, Zeekr reported total revenue of 22.019 billion RMB, reflecting a year-on-year growth of 1.09% [1]. - The company's net profit attributable to shareholders was -0.718 billion RMB, showing a year-on-year improvement of 63.77% [1]. Upcoming Events - Zeekr is scheduled to disclose its fiscal year 2025 mid-term report on August 14, prior to the market opening in the Eastern Time zone [2]. Company Overview - Zeekr Intelligent Technology Holdings Limited is a Cayman Islands-registered holding company, primarily operating through its domestic subsidiary, Zhejiang Zeekr Intelligent Technology Co., Ltd. [2]. - The company is positioned as a rapidly developing pure electric vehicle technology firm, focusing on the electrification, intelligence, and innovation within the automotive industry [2]. - Zeekr aims to lead the high-end intelligent pure electric vehicle market through its strong technological awareness, independent R&D capabilities, stylish design, high performance standards, and premium user experience [2].

（原标题：美股异动丨极氪盘前涨1.2% 在澳大利亚推出7X SUV） 极氪(ZK.US)美股盘前涨1.2%。消息上，近日，极氪7X车型在澳洲开启预售。该车定位为中大型智能电 动SUV，主打豪华与科技感。新车共推出三款车型，预售价区间为57,900至72,900澳元（约合人民币 27.15至34.18万元），将与特斯拉Model Y、蔚来ES6等车型展开竞争。据悉，极氪7X在澳洲市场推出单 电机与双电机版本，CLTC续航分别为605km、705km、780km。预售价格区间覆盖不同消费群体，凭借 豪华配置与智能科技，有望在澳洲市场取得良好反响。(格隆汇) ...

The Merger involves securities of two Cayman Islands companies and will be implemented and is subject to procedural and disclosure requirements that are different from those of the United States. Financial statements included or incorporated by reference herein, if any, have been prepared in accordance with foreign financial accounting standards and may not be comparable to the financial statements of United States companies. Shareholders of ZEEKR Intelligent Technology Holding Limited Re: Notice of Extraor ...

Core Viewpoint - The company has shown strong growth in wholesale sales and is optimistic about achieving its annual sales target of 3 million units, driven by new product launches and a focus on the high-end market [3][4]. Sales Performance - In July, the total wholesale sales reached 238,000 units, representing a year-on-year increase of 57.7% and a month-on-month increase of 0.7% [2]. - From January to July, the total wholesale sales amounted to 1.647 million units, up 48.8% year-on-year [2]. - The sales of new energy vehicles in July were 130,124 units, a year-on-year increase of 120.4% and a month-on-month increase of 6.3%, with a penetration rate of 54.7% [2]. New Energy Vehicle Growth - Cumulative sales of new energy vehicles from January to July reached 855,000 units, reflecting a year-on-year increase of 125.5% [2]. - The company has adjusted its annual sales target from 2.71 million to 3 million units due to better-than-expected performance in the first half of the year [3]. Brand Performance - In July, the sales figures for different brands were as follows: Geely brand sold 194,000 units, Zeekr sold 16,977 units, and Lynk & Co sold 27,216 units [2][4]. - For the first seven months, Zeekr and Lynk & Co recorded cumulative sales of 108,000 and 181,000 units, respectively, with year-on-year growth of 4.1% and 23.1% [4]. Product Launches - The Geely Galaxy A7 is expected to launch on August 8, featuring a new hybrid system with a comprehensive range of approximately 2,100 kilometers [3]. - The Geely Galaxy M9 is planned for release in Q3 2025, targeting the large six-seat plug-in hybrid SUV market [3]. Strategic Moves - Zeekr is considering privatization to consolidate its assets and resources, which is expected to enhance operational efficiency and competitiveness in the high-end electric vehicle market [5]. - The company aims to leverage the synergy between its brands to strengthen its market position [5]. Financial Projections - Revenue projections for 2025-2027 are estimated at 404.78 billion, 489.69 billion, and 572.83 billion RMB, with net profits of 16.21 billion, 22.09 billion, and 25.98 billion RMB, respectively [6][7]. - The expected EPS for the same period is 1.61, 2.19, and 2.58 RMB, with corresponding P/E ratios of 10, 7, and 6 [6][7].

Core Insights - Zeekr Group reported a total delivery of 44,193 vehicles in July 2025, marking a year-over-year increase of 19.7% and a month-over-month increase of 2.7% [2] - The Zeekr brand delivered 16,977 vehicles, while Lynk & Co delivered 27,216 vehicles, supported by over 2 million cumulative users [2] - The company introduced its Super Hybrid Technologies on July 9, featuring a 900V high-voltage architecture and advanced e-motors, setting new industry standards [3] - The Zeekr 9X will be the first model to utilize this technology, achieving a peak output of 1,030 kW and accelerating from 0-100 km/h in under 3.1 seconds, with ultra-fast charging capabilities [4] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating an integrated user ecosystem [5] - The company operates two brands, Lynk & Co and Zeekr, and is committed to innovation, equality, diversity, and sustainability in its operations [5] - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain to enhance its market position [5]

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ZEEKR Intelligent Technology Holding Limited ("Zeekr" or the "Company") (NYSE: ZK). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Zeekr and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class actio ...

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Zeekr Intelligent Technology Holding Limited following allegations of inflated sales figures [1][2]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Zeekr and is looking into whether the company and its officers engaged in fraudulent activities [1]. - The investigation was prompted by a Reuters article that reported on July 19, 2025, that Zeekr, along with another Chinese electric vehicle brand Neta, allegedly inflated sales figures to meet aggressive targets [2]. Group 2: Sales Practices - The Reuters report indicated that Zeekr arranged for vehicles to be insured before actual sales, allowing the company to record sales prematurely under Chinese registration practices [2]. - This practice was aimed at achieving monthly and quarterly sales targets, raising concerns about the legitimacy of reported sales figures [2]. Group 3: Market Reaction - Following the news of the investigation and allegations, Zeekr's American Depositary Receipt (ADR) experienced a decline, falling by $1.08 per share, or 3.59%, closing at $28.99 on July 21, 2025 [2].

Core Viewpoint - Geely's acquisition of Zeekr marks a strategic move towards the "One Geely" initiative, aiming to consolidate its operations and enhance competitiveness in the global electric vehicle market [1][5][15] Group 1: Acquisition Details - Geely will acquire 100% of Zeekr's issued shares, leading to Zeekr's delisting from the NYSE and becoming a wholly-owned subsidiary [1] - The acquisition price of $2.687 per share represents an 18.9% premium over the last closing price and a 25.6% premium over the 30-day volume-weighted average price [4] - Shareholders of Zeekr have the option to either cash out or exchange for Geely shares, providing flexibility for both short-term liquidity and long-term value [4] Group 2: Strategic Implications - The move is expected to simplify operations, unify strategic direction, enhance synergies, and reduce compliance burdens, ultimately improving efficiency and profitability [5][8] - Full ownership allows for systematic integration of resources across Geely's various brands, reducing redundancy and enhancing collaborative efforts in R&D, supply chain, and marketing [7][8] - The acquisition aligns Zeekr's technological advancements with Geely's strategic goals, ensuring cohesive development and innovation [8] Group 3: Market Position and Performance - Geely's sales reached 1.9317 million vehicles in the first half of 2025, with a significant increase in electric vehicle sales, reflecting strong market performance [10] - The company raised its annual sales target from 2.71 million to 3 million vehicles, indicating confidence in new model launches and market expansion [10] - The acquisition is seen as a pivotal moment for the Chinese automotive industry, signaling a shift from capital competition to efficiency competition [13][15] Group 4: Industry Impact - Geely's strategy may serve as a model for other automakers in the industry, promoting resource optimization and reducing wasteful competition [15] - The integration of Zeekr is expected to enhance Geely's valuation, transitioning it from a traditional automotive manufacturer to a growth stock in the smart electric vehicle sector [15]

Core Viewpoint - Chinese electric vehicle brands Neta and Zeekr have inflated sales figures through early booking practices, raising concerns about the integrity of their sales reporting and the overall health of the industry [1][5][10]. Company-Specific Summary - Neta has reportedly booked early sales of at least 64,719 cars from January 2023 to March 2024, which constitutes more than half of its reported sales of 117,000 vehicles over the same period [2][19]. - Zeekr, owned by Geely, utilized a similar method to inflate sales figures in late 2024, particularly in Xiamen, through its main dealer [3][28]. - Neta's sales peaked in 2022 at 152,000 vehicles but fell to 87,948 in the following year, with the company facing financial difficulties leading to bankruptcy proceedings for its parent company [24][27]. Industry Context - The practice of booking vehicles as "zero-mileage used cars" has emerged due to intense competition and a price war in the Chinese auto market, which is characterized by chronic overcapacity [4][5]. - State media and government bodies are increasingly scrutinizing these practices, with plans to regulate the sale of zero-mileage cars and prevent reselling within six months of registration [6][17]. - Analysts have raised concerns about the impact of these practices on the industry's credibility and the potential for misleading financial reports [13][14].

Group 1: Industry Trends - The Chinese automotive market is transitioning from incremental growth to stock competition over the next two to three years, with new energy vehicles reshaping the market landscape [1] - The competition is evolving from initial disorder and fragmentation to high-quality, comprehensive competition, emphasizing the importance of strategic planning, cost control, and continuous technological innovation for companies [1] Group 2: Company Developments - Geely Holding Group announced the completion of the merger agreement between Geely Auto and Zeekr, with Geely Auto fully acquiring Zeekr [3] - The merger aims to address previous issues of resource duplication and optimize overall operational efficiency, as the multi-brand strategy has shown increasing pain points in the context of stock competition [2] - Post-merger, Geely's brand matrix will focus on distinct market segments: Zeekr on luxury and intelligent pure electric vehicles, Lynk & Co on youth-oriented and dynamic segments, Galaxy on mainstream high-value new energy, and the China Star series on energy-efficient and intelligent fuel vehicles [2][3] Group 3: Strategic Insights - The merger is a key step in Geely's strategy to return to a unified brand approach, enhancing its global competitiveness in the smart new energy sector [3] - The complementary strengths of Zeekr's luxury electric vehicle DNA and Geely's mainstream market experience are expected to create strong synergies in technology development and supply chain sharing [3]