Geely Holding Group expresses its support for a strategic move by its new energy brands, Zeekr and Lynk & Co, to pursue enhanced synergies through a proposed merger, which would establish a robust global entity. This initiative is designed to accelerate technological integration, optimize product portfolios, and foster talent development, ultimately driving increased global sales.
As part of this reorganization, Geely Holding will back Zeekr Intelligent Technology’s intention to acquire a majority stake in Lynk & Co by purchasing shares currently held by Geely Holding and Volvo Cars. Upon completion of these transactions, Zeekr will hold a 51% stake in Lynk & Co, with the remaining 49% retained by a wholly owned subsidiary of Geely Automobile Holdings.
Additionally, Geely Auto plans to raise its stake in Zeekr to approximately 62.8%, further strengthening collaboration among Geely Auto, Lynk & Co, and Zeekr. This enhanced alignment will improve industrial synergies, increase hardware and software compatibility, streamline supply chain operations, and expand after-sales services—accelerating the formation of a more powerful global group.
Eric Li (Li Shufu), Chairman of Geely Holding, commented, “This integration is a key step in implementing Geely Holding’s long-term strategy. Aligning our brands supports sustainable growth and maximizes synergies, boosting sales, services, revenue, and product competitiveness. This approach enables us to deliver greater value and opportunities for both global consumers and shareholders.”