The new ZEEKR's "sunny strategy".

A major transformation has begun.

wallstreetcnFeb 14 23:19 ET

Geely Autos: The acquisition of Lynk & Co and the investment in Lynk & Co have been completed.

Geely Autos (00175) announced that all the prerequisites for the Lynk & Co acquisition and the Lynk & Co capital injection have been met, and the transaction was completed on February 14, 2025. After the completion of the Lynk & Co acquisition and capital injection: 1. Lynk & Co is currently 49% owned by Ningbo Geely and 51% owned by ZEEKR in Zhejiang. 2. Lynk & Co has become an indirect non-wholly-owned subsidiary of ZEEKR and an indirect non-wholly-owned subsidiary of this company. 3. Lynk & Co's financial performance will be consolidated into the financial statements of the ZEEKR group and this group. After the completion of the Lynk & Co acquisition, it is estimated that this group will record an unaudited...

Sina Hong Kong StocksFeb 14 22:42 ET

Geely's "Hundred Days of Reform": The integration and delivery of ZEEKR and Lynk & Co's billion-level equity has been completed, with L3 level automated driving to be launched within the year.

On February 14, ZEEKR and Geely Autos respectively announced that ZEEKR has completed the acquisition and investment in Lynk & Co. After completion, 51% of the equity belongs to ZEEKR and 49% belongs to Geely Autos, with Lynk & Co. becoming a non-wholly-owned subsidiary of ZEEKR. After the completion of the equity transfer, ZEEKR Technology Group was officially announced to be established.

cls.cnFeb 14 07:32 ET

Geely Automobile Holdings Subsidiary Acquires 51% Stake in Automotive Tech Firm

MT NewswiresFeb 14 07:17 ET

Volvo Cars Sells 30% Stake in Lynk to Zeekr in China

MT NewswiresFeb 14 06:42 ET

ZEEKR Technology Group CEO An Conghui's internal letter: The goal is to become the BBA of the New energy Fund era, changing the landscape of the high-end luxury market in China and even globally.

Sina Technology News, on the evening of February 14, ZEEKR announced today that it has completed the acquisition and investment of Lynk & Co, and the ZEEKR Technology Group was officially announced today. The CEO of ZEEKR Technology Group, An Conghui, issued an internal letter. He stated that ZEEKR positions itself as a "Global Luxury Technology Brand," focusing on "Luxury, Extremity, Technology," primarily targeting markets of 0.3 million and above, mainly focusing on mid-to-large vehicles, with medium-sized cars focusing on pure electric and large vehicles focusing on super hybrid; Lynk & Co positions itself as a "Global New Energy High-end Brand," focusing on "Trendy, Sporty, Individuality," primarily targeting markets of 0.2 million and above, with small cars focusing on pure electric and mid-to-large vehicles focusing on hybrid. For 20

Sina TechnologyFeb 14 05:19 ET