Zeekr Group Announced Unaudited Pro Forma Condensed Combined Financial Information

Core Viewpoint - Zeekr Group has completed strategic integration transactions with Geely Group, acquiring a majority stake in LYNK & CO, which positions the company for enhanced growth in the premium new energy vehicle market [1]. Group 1: Strategic Transactions - Zeekr Group acquired a 30% equity interest in LYNK & CO from Volvo Car (China) for RMB5.4 billion (US$740 million) and a 20$493 million) [1]. - Following these transactions, LYNK & CO is now owned 51% by Zeekr and 49% by Ningbo Geely [1]. - The transactions were completed on February 14, 2025, and were previously announced in a Form 6-K filed with the SEC on November 14, 2024 [1]. Group 2: Financial Information - The unaudited pro forma condensed combined financial information includes balance sheet data as of December 31 for 2023 and 2024, and income statement data for the two years ended December 31, 2024 [3]. - Total revenues for the year ended December 31, 2024, were RMB113.892 billion (US$15.603 billion), an increase from RMB81.741 billion in 2023 [9]. - The net loss for the year ended December 31, 2024, was RMB7.121 billion (US$976 million), improved from a net loss of RMB10.149 billion in 2023 [9]. Group 3: Asset and Liability Overview - As of December 31, 2024, total assets were RMB69.213 billion (US$9.482 billion), up from RMB62.968 billion in 2023 [10]. - Total liabilities increased to RMB83.438 billion (US$11.431 billion) as of December 31, 2024, compared to RMB74.605 billion in 2023 [11]. - Total non-current assets decreased to RMB17.357 billion (US$2.378 billion) in 2024 from RMB21.287 billion in 2023 [10].