Core Viewpoint - Geely Automobile has completed the privatization of Zeekr and its delisting from the New York Stock Exchange, making Zeekr a wholly-owned subsidiary, which is expected to enhance operational efficiency and profitability through integration and cost reduction measures [1] Group 1: Company Developments - Geely's stock rose by 3.09% to HKD 18.04, with a trading volume of HKD 705 million [1] - The completion of Zeekr's privatization allows Geely to increase its ownership stakes in Zeekr and Lynk & Co from approximately 65% and 82% to 100% respectively [1] Group 2: Financial Implications - The integration is projected to reduce R&D expenses by 10% to 20%, BOM costs by 5% to 8%, and operational costs by 10% to 20% [1] - Capacity utilization is expected to improve by 3% to 5%, which will contribute to enhanced efficiency [1] - The expected increase in net profit for 2026 is estimated to be between RMB 2 billion to 3 billion [1] Group 3: Strategic Outlook - The privatization is anticipated to facilitate further integration of Geely's four brands: Geely, Galaxy, Lynk & Co, and Zeekr, leveraging synergies for cost reduction and efficiency improvements [1]