Li Shufu, Chairman of Geely Automobile, stressed that the company will continue to maintain close cooperation with the international capital market after delisting

Geely Auto announced that it has submitted a non-binding privatization offer to its high-end electric vehicle brand Zeekr. Li Shufu, chairman of Geely Holding, stressed that after delisting, Geely will continue to maintain close cooperation with the international capital market, but needs to "build a world-leading smart electric vehicle group" through internal integration. After the integration, Geely will form a brand matrix of "Zeekr (luxury) + Lynk & Co (high-end) + Galaxy (mainstream)" to face the global competition from Tesla and BYD.