Core Insights - Geely Automobile Holdings Limited has announced the final results and implementation plan for the privatization transaction of Zeekr Intelligent Technology Holdings Limited, marking the completion of the "One Geely" initiative [2][3] Summary by Sections Privatization Transaction - Approximately 70.8% of eligible Zeekr shareholders opted for share consideration, resulting in the issuance of 777,228,611 shares by Geely Automobile [2] - About 29.2% of eligible shareholders chose or are considered to have chosen cash consideration, leading to a total cash payment of approximately $701 million [2] - Each Zeekr share can be exchanged for $2.687 in cash or 1.23 shares of Geely Automobile, while each Zeekr American Depositary Share can be exchanged for $26.87 in cash or 12.3 shares of Geely Automobile [2] Merger Completion and Strategic Goals - The merger between Geely Automobile and Zeekr is expected to be completed by December 29, 2025 [3] - Post-merger, Geely aims to leverage Zeekr's leading position in the global luxury electric vehicle market, enhancing its capabilities across technology, products, supply chain, manufacturing, marketing, and international resources [3] - Geely will cover mainstream, mid-to-high-end, and luxury segments, establishing a diverse power system including fuel, pure electric, plug-in hybrid, and hydrogen electric vehicles [3] Financial Performance and Strategic Initiatives - Geely's business operations have shown continuous growth, with a revenue of 239.5 billion yuan for the first three quarters of 2025, a 26% year-on-year increase [4] - Core net profit attributable to shareholders reached 10.62 billion yuan, reflecting a 59% year-on-year growth, indicating significant improvement in profitability [4] - As of September 2025, Geely's total cash level stood at 60.1 billion yuan, with a net cash level of 45.2 billion yuan, showcasing robust cash flow [4] - The completion of the merger will solidify Geely's cost advantages, enhance brand competitiveness, and strengthen its global market influence [4]