On February 14, Geely Auto (00175.HK) officially announced on the Hong Kong Stock Exchange the fulfillment of all conditions for the acquisition and capital injection of Lynk & Co, marking the successful conclusion of the transaction on that same date. Currently, Lynk & Co is jointly owned by Ningbo Geely, holding a 49% stake, and Zhejiang Zeekr, with a 51% share, making it an indirect non-wholly-owned subsidiary of both Zeekr and Geely Auto. Consequently, Lynk & Co's financial data will be integrated into the consolidated financial statements of both the Zeekr Group and Geely Auto.

Upon the completion of this acquisition, Geely Auto anticipates an unaudited gain of approximately RMB 6.47 billion (pre-tax, excluding transaction costs and other adjustments). This gain stems from the difference between the fair value of the 50% equity interest in Lynk & Co and the carrying value of Geely's previously held 50% equity interest as of January 31, 2025. In compliance with Hong Kong Financial Reporting Standards, this gain will be reflected in Geely Auto's consolidated financial statements following the finalization of the transaction.