Geely Automobile said on Monday it has completed the privatization of its electric vehicle unit Zeekr, following the fulfilment of all conditions under a previously announced merger agreement.

In a filing to the Hong Kong stock exchange, Geely said the transaction, which included the privatization and merger, was completed on Dec. 22, 2025. Under the deal, Geely acquired all issued and outstanding shares of Zeekr as well as its American depositary shares.

As part of the merger, a Geely subsidiary was merged with Zeekr, with Zeekr surviving as the continuing entity. Zeekr has therefore become a wholly owned subsidiary of Geely, the company said.

Following the completion of the transaction, Zeekr has been delisted from the New York Stock Exchange, Geely added.