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Zeekr Has Yet to Make Any Decisions on GEELY AUTO's Privatization Proposal
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Regarding GEELY AUTO (00175.HK)'s privatization proposal, Zeekr (ZK.US) issued an announcement stating that its board of directors had established a special committee composed of independent directors of the company who are not related to the privatization proposal to evaluate the preliminary non-binding privatization proposal received from the controlling shareholder GEELY AUTO on May 7.

Nevertheless, no decision has been made yet regarding the privatization proposal or any other strategic options the company may choose.

Related NewsGEELY AUTO's 1Q25 NP Rockets 2.6x to RMB5.67B w/ Record-Breaking Sales of 704K Vehicles

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