Geely Auto announced that it plans to acquire all issued shares of Zeekr. Geely Auto currently holds approximately 65.7% of Zeekr's shares. If the transaction is completed, Zeekr will be fully merged with Geely Auto. Li Shufu, Chairman of Geely Holding Group, said: "In the face of fierce market competition and an increasingly complex economic environment, we will assess the situation and, in accordance with the spirit of the Taizhou Declaration, continue to promote the integration of the automotive business, return to one Geely, integrate technological advantages, improve innovation and profitability, continue to create long-term value, and build a world-leading smart electric vehicle group. At the same time, we will continue to maintain close communication and cooperation with the US and international capital markets."