Ge Long Hui·2025-07-15 10:16Core Viewpoint - Geely Automobile is moving to privatize Zeekr by acquiring all issued and outstanding shares, aiming to create a unified listing platform and enhance competitiveness in the global electric vehicle market [1][2] Group 1: Privatization Details - The agreement allows Zeekr shareholders to choose between cash or shares as compensation for their holdings, with cash options set at $2.687 per share for Zeekr shares and $26.87 per share for Zeekr American Depositary Shares [1] - The share price for the compensation shares is set at HKD 17.15, representing a premium of approximately 2.4% over the last closing price before the non-binding offer [1] Group 2: Strategic Advantages - The privatization will increase Geely's ownership of Zeekr from 62.8% to full ownership, providing significant strategic, operational, and financial advantages [2] - Full ownership is expected to simplify operations, unify strategic direction, enhance synergies, and reduce compliance burdens, ultimately improving efficiency, innovation capability, and profitability [2]