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On December 22, Geely Automobile declared that all the necessary conditions for the privatization and subsequent merger of Zeekr had been fulfilled, formally sealing the deal. Post-transaction, Zeekr has transformed into an indirect, wholly-owned subsidiary of Geely Automobile and will be removed from the listing on the New York Stock Exchange. This move signifies the pinnacle of strategic consolidation under the 'One Geely' framework. Concurrently, Geely Automobile has initiated a share buyback program. Endorsed by the board of directors on October 6, 2025, the program officially kicked off on November 18, following the execution of a share repurchase pact between the company and independent broker Morgan Stanley & Co. International plc. This agreement has set in motion an automated share repurchase plan, with a cap of HK$2.3 billion.
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