On 7th May, Geely Automobile Holdings Limited ("Geely Automobile") announced plans to acquire all outstanding shares of Zeekr Intelligent Technology Holding ("Zeekr Group"), of which it currently holds approximately 65.7%.

Upon completion, Zeekr will become a wholly owned subsidiary of Geely Automobile.

This development represents a significant step in the execution of the "Taizhou Declaration", as Geely intensifies its focus on its core automotive business, improves resource efficiency, and deepens collaboration across its brand portfolio. The full integration is expected to enhance Geely's global competitiveness in the intelligent new energy vehicle (NEV) sector.

Geely Automobile's brand portfolio now includes Zeekr, positioned as a global premium technology brand; Lynk & Co, which targets the high-end NEV segment; and the Galaxy and China Star series, both aimed at the global mainstream market.

While each brand continues to expand within its respective market niche, the group is also strengthening synergies across technology, product development, supply chain, manufacturing, marketing and service, and global expansion. This collaborative framework is intended to foster innovation and realise economies of scale.

Geely Automobile recorded total sales in April 2025 represented a 53% year-on-year increase.

Li Shufu, Chairman of Geely Holding Group, stated: "Amid fierce market competition and a complex economic landscape, the group will remain agile and continue integrating its automotive operations in alignment with the Taizhou Declaration. By returning to a unified Geely, we intend to consolidate technological capabilities, enhance innovation and profitability, and generate long-term value. The objective is to establish a globally leading intelligent electric vehicle group."