

Core Viewpoint - Geely Auto is integrating Zeekr into its operations to enhance competitiveness in a challenging market environment, emphasizing the need for rapid problem-solving and resource consolidation [2] Group 1: Integration and Management Changes - Geely Auto's CEO, Gan Jiayue, will lead the newly merged entity, while An Conghui, CEO of Zeekr Technology Group, will take over as CEO of Geely Holding Group [2] - The merger aims to improve overall efficiency by over 5%, with R&D, management, and marketing efficiencies expected to reach 15%-20% [2] Group 2: Financial Performance - Zeekr reported a total revenue of 22 billion yuan in Q1, with a significant reduction in net losses by over 60%, achieving a profit of 510 million yuan under Hong Kong accounting standards [3] - The gross margin for complete vehicles was 16.5%, an increase of 3.4 percentage points year-on-year, while the overall gross margin reached a historic high of 19.1% [3] Group 3: Product Launches and Market Reception - Zeekr's new products, including the Zeekr 007GT, have been well-received, with the model achieving 10,000 deliveries in its first month [4] - The Lynk & Co 900 has also seen strong market interest, with over 30,000 pre-orders as of May 15, and its delivery volume surpassing that of other popular six-seat models [4]