Geely Automobile announced that all the preconditions for the Lynk & Co acquisition and Lynk & Co capital injection have been met, and the transaction was completed on February 14, 2025. Lynk & Co is currently owned by Ningbo Geely with a 49% stake and Zhejiang Zeekr with a 51% stake, becoming an indirect non-wholly owned subsidiary of Zeekr and an indirect non-wholly owned subsidiary of Geely Automobile. Lynk & Co's financial results will be consolidated into the consolidated financial statements of Zeekr Group and Geely Automobile, respectively. Upon completion of the Lynk & Co acquisition, Geely Automobile is estimated to record an unaudited gain of approximately RMB 6.47 billion (before deducting taxes, transaction costs and other customary adjustments). This gain represents the difference between the fair value of Lynk & Co's 50% equity interest and the book value of the previously held Lynk & Co interest (i.e., 50% equity interest) as of January 31, 2025. According to Hong Kong Financial Reporting Standards, this gain will be recognized in Geely Automobile's consolidated financial statements after the completion of the transaction.