Geely Auto's shareholders' meeting overwhelmingly approved the Zeekr privatization proposal

Geely Automobile Holdings Limited's Extraordinary General Meeting of Shareholders approved the privatization proposal of Zeekr Intelligent Technology Co., Ltd. with a resounding 95.14% vote. Geely Automobile plans to acquire all outstanding shares of Zeekr, currently holding approximately 65.7% of the company's shares. The privatization proposal is intended to facilitate a "grand merger" between Geely Automobile and Zeekr, with the transaction expected to be completed by the end of the year.