On September 5, Geely Automobile Holdings Limited convened an extraordinary general meeting of shareholders. During this meeting, independent shareholders gave their resounding approval—with a substantial 95.14% of votes in favor—to the privatization proposal for Zeekr Intelligent Technology Holdings Limited. In the context of English business reporting, such a high percentage of approval clearly indicates strong shareholder support for the move.
It is anticipated that the settlement process for this significant 'major merger' between Geely and Zeekr will reach completion by the end of 2025. In Western corporate culture, mergers of this scale often involve complex regulatory and procedural steps, which is why a multi - year timeline is not uncommon. At present, Geely Automobile already holds approximately 65.7% of Zeekr's shares. Once the transaction is finalized, full consolidation of the two entities will be realized, marking a new chapter in their corporate development.