On the evening of December 22, Geely Automobile officially declared the completion of the privatization and merger deal involving Zeekr. As a result, Zeekr has now become Geely's wholly-owned subsidiary and has ceased trading on the New York Stock Exchange. This development signifies the culmination of Geely's strategic consolidation efforts under its 'One Geely' framework.

Following the merger, Geely promptly executed a series of management reshuffles: Li Donghui has been appointed as the Vice Chairman of Geely Holding Group, where he will oversee the board's day-to-day operations as well as investment and financing management. An Conghui has been elevated to the position of Group CEO, entrusted with the supervision of the company's overall operations. Meanwhile, Gui Shengyue will continue in his role as the Executive President and Executive Director of Geely Automobile. Additionally, Gan Jiayue has been designated as the CEO of the newly merged Geely Automobile Group. He will retain his position as Executive Director and assume direct responsibility for the automotive business division.

Market analysts have noted that over 70% of Zeekr's shareholders opted to convert their shares into Geely shares, a move that underscores investors' confidence in Geely's enduring growth prospects post-integration.