GEELY AUTO (00175) announced that all conditions precedent for the proposed transactions under the merger agreement, including the privatization and merger, have been fulfilled. The transactions were completed on December 22, 2025. Following the completion:

Under the privatization arrangement, the company has acquired all issued and outstanding shares of ZEEKR and its American Depositary Shares (ADS). Through the merger, the subsidiary has combined with ZEEKR, with ZEEKR continuing as the surviving entity.

As a result, ZEEKR has been privatized and become a wholly-owned subsidiary of GEELY AUTO, subsequently delisting from the New York Stock Exchange.