SCHEDULE 13D/A: ZEEKR Intelligent Technology Updates Share Count in Latest SEC Filing, No New Transactions Reported

ZEEKR Intelligent Technology Holding Ltd. has filed an Amendment No. 2 to its Schedule 13D, primarily to update the total number of issued and outstanding ordinary shares, without reflecting any new acquisitions or dispositions.

Summary

• The filing is Amendment No. 2 to a Schedule 13D, updating and supplementing previous filings from November 21, 2024, and January 3, 2025.
• The primary purpose of this amendment is to reflect the updated number of issued and outstanding Ordinary Shares of ZEEKR Intelligent Technology Holding Ltd. as disclosed in its latest annual report.
• The document explicitly states that it does not reflect any acquisition or disposition of the Issuer's shares.
• The total number of Ordinary Shares issued and outstanding is reported as 2,541,971,138, based on the Issuer's annual report on Form 20-F for the fiscal year ended December 31, 2024.
• Shufu Li, a key reporting person, beneficially owns 1,950,996,860 Ordinary Shares, representing 76.8% of the class.
• Shufu Li's beneficial ownership includes shares held by Luckview Group Limited (1,668,996,860 shares), GHGK Innovation Limited (222,000,000 shares), and GAGK Innovation Limited (60,000,000 shares), over which he exercises control power.
• GHGK Innovation Limited beneficially owns 222,000,000 Ordinary Shares, representing 8.7% of the class.
• Ningbo Jikong Enterprise Management Co., Ltd. beneficially owns 282,000,000 Ordinary Shares, representing 11.1% of the class, controlling shares held by GHGK Innovation Limited and GAGK Innovation Limited.
• Ningbo Jikong Jiju Enterprise Management Partnership (Limited Partnership) beneficially owns 222,000,000 Ordinary Shares, representing 8.7% of the class, specifically shares held by GHGK Innovation Limited.
• No transactions in the Ordinary Shares have been effected by any of the Reporting Persons during the past 60 days.

Sentiment

Score: 5

Explanation: The sentiment is neutral. This is a technical regulatory filing updating share counts for beneficial ownership calculations, not a performance or strategic announcement. It provides clarity on ownership percentages based on previously disclosed outstanding shares.

Positives

• The filing provides clarity and updated transparency regarding the total outstanding share count, which is crucial for accurate percentage ownership calculations.
• The explicit statement that no new acquisitions or dispositions have occurred indicates stability in the reported beneficial ownership structures.

Negatives

• The document does not contain any new financial or operational updates, limiting its scope to a technical share count adjustment.

Risks

• The document does not explicitly mention new risks; it is a technical update to beneficial ownership percentages based on a revised total share count.

Future Outlook

The document does not provide any forward-looking statements or guidance, as its sole purpose is to update the reported number of outstanding shares for beneficial ownership calculations.

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." Shufu Li, Director of GHGK Innovation Limited and individual reporting person.
• "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." Donghui Li, Legal Representative of Ningbo Jikong Enterprise Management Co., Ltd. and Legal Representative of General Partner for Ningbo Jikong Jiju Enterprise Management Partnership (Limited Partnership).

Industry Context

This filing is a routine regulatory update concerning beneficial ownership percentages and does not offer insights into broader industry trends or competitive dynamics within the intelligent technology or automotive sectors. It primarily serves to maintain transparency in ownership structures.

Comparison to Industry Standards

• NA

Related Party Transactions

• Shufu Li's beneficial ownership includes shares held by Luckview Group Limited (wholly owned by Geely Automobile Holdings Limited, over which Shufu Li exercises control), GHGK Innovation Limited, and GAGK Innovation Limited, which are linked through entities where Shufu Li holds significant equity interest or control.

Stakeholder Impact

• Shareholders: Provides updated percentages of beneficial ownership, clarifying the control structure of the company based on the latest outstanding share count. This ensures transparency in major shareholder holdings.
• Regulatory Authorities: Fulfills SEC disclosure requirements for significant beneficial ownership, ensuring compliance with securities laws.

Next Steps

• The Issuer's annual report on Form 20-F for the fiscal year ended December 31, 2024, which contains the updated total outstanding shares, is the underlying source for this amendment.

Key Dates

Keywords

ZEEKR Intelligent Technology, Schedule 13D, SEC filing, beneficial ownership, ordinary shares, share count, Shufu Li, GHGK Innovation Limited, Ningbo Jikong Enterprise Management, corporate governance, investor relations