Chinese electric vehicle maker Zeekr Group said it will release its unaudited financial results for the second quarter on August 14, but will not host an analyst conference call — a departure from previous quarters since its U.S. listing in May.
The move comes as Zeekr prepares to complete its merger with Geely Automobile Holdings (HKG: 0175), its parent company, which will result in Zeekr’s delisting from the New York Stock Exchange. The integration is expected to be finalized in the fourth quarter of 2025.
On Saturday, Zeekr announced that Geely will acquire all outstanding shares of the EV maker it does not already own. Shareholders may choose to receive either $2.687 in cash per Zeekr share or 1.23 newly issued Geely shares. The offer reflects an increase over Geely’s initial proposal in May.
Founded in 2021, Zeekr is Geely’s premium electric vehicle brand and delivered 49,337 units in the second quarter, representing a 19.16% increase from the previous quarter but a 9.99% decline from a year earlier. Sister brand Lynk & Co, also under Zeekr Group, delivered 81,529 vehicles in the same period, a 25.54% rise year-on-year.
Following a series of transactions finalized in February, Zeekr holds a 51% stake in Lynk & Co. Combined, the group delivered 130,866 vehicles in Q2, a 9.28% increase from the same period last year and a 14.78% gain over the previous quarter.