SCHEDULE 13D/A: Geely Affiliates Update ZEEKR Ownership Disclosure Reflecting Latest Share Count
Beneficial Ownership Amendment
Geely Automobile Holdings Limited and its wholly-owned subsidiary, Luckview Group Limited, filed an amended Schedule 13D to update their reported beneficial ownership percentage in ZEEKR Intelligent Technology Holding Limited, solely reflecting a change in ZEEKR's total outstanding shares.
Summary
- Geely Automobile Holdings Limited and Luckview Group Limited (collectively, the "Reporting Persons") filed an Amendment No. 1 to their Schedule 13D.
- The amendment's sole purpose is to reflect an updated number of issued and outstanding Ordinary Shares of ZEEKR Intelligent Technology Holding Limited (the "Issuer") as disclosed in ZEEKR's latest annual report.
- This filing does not indicate any acquisition or disposition of ZEEKR shares by the Reporting Persons.
- The Reporting Persons collectively beneficially own 1,668,996,860 Ordinary Shares of ZEEKR.
- This ownership represents 65.7% of ZEEKR's Ordinary Shares, calculated based on a total of 2,541,971,138 Ordinary Shares issued and outstanding as reported in ZEEKR's annual report on Form 20-F for the fiscal year ended December 31, 2024.
- Luckview Group Limited is a limited company incorporated in the British Virgin Islands and is wholly owned by Geely Automobile Holdings Limited.
Sentiment
Score: 5
Explanation: The document is neutral in sentiment as it is a routine regulatory filing to update beneficial ownership percentages based on a change in the issuer's outstanding share count, with no new acquisitions, dispositions, or operational updates.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction, as its sole purpose is to update beneficial ownership information based on a change in the issuer's outstanding share count.
Management Comments
- "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct." Gui Sheng Yue, CEO and executive director of Geely Automobile Holdings Limited and Director of Luckview Group Limited.
Industry Context
This filing highlights the continued significant ownership stake of Geely Automobile Holdings Limited in ZEEKR Intelligent Technology Holding Limited, reinforcing Geely's strategic investment in the electric vehicle (EV) sector through its premium EV brand, ZEEKR. This is a routine regulatory update reflecting changes in the issuer's capital structure rather than a shift in strategic control or investment intent.
Related Party Transactions
- Luckview Group Limited is a wholly-owned subsidiary of Geely Automobile Holdings Limited, making their beneficial ownership in ZEEKR a related-party holding. The filing itself does not disclose new related-party transactions, but rather updates the reporting of an existing related-party ownership structure.
Stakeholder Impact
- Shareholders: Provides updated transparency on the percentage of shares held by a major controlling shareholder, reflecting a recalculation based on the issuer's updated total outstanding shares. This does not change the underlying control or investment thesis.
- Regulatory Authorities: Fulfills SEC disclosure requirements for significant beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of event which requires filing of this statement (likely the date the updated share count became available). |
| 03/24/2025 | Date the Amendment No. 1 to Schedule 13D was signed by Gui Sheng Yue, CEO of Geely Automobile Holdings Limited and Director of Luckview Group Limited. |
| 12/31/2024 | Fiscal year-end for ZEEKR's annual report on Form 20-F, which provided the updated total issued and outstanding shares. |
| 01/03/2025 | Original filing date of the Statement on Schedule 13D. |
Keywords
ZEEKR Intelligent Technology Holding Limited, Geely Automobile Holdings Limited, Luckview Group Limited, Schedule 13D Amendment, Beneficial Ownership, Ordinary Shares, SEC Filing, Corporate Governance, Automotive Industry, Electric Vehicles
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