Item 1. | Security and Issuer |
(a) | Title of Class of Securities:
Ordinary Shares, par value $0.0002 per share |
(b) | Name of Issuer:
ZEEKR Intelligent Technology Holding Ltd |
(c) | Address of Issuer's Principal Executive Offices:
RM2301 BLDG1, DADAO WANGCHAO SHANGWU CTR, YINGFENG ST, XIAOSHAN DISTRICT, HANGZHOU, ZHEJIANG PROVINCE,
CHINA
, 00000. |
Item 1 Comment:
This Amendment No. 1 to Statement on Schedule 13D (this "Amendment No. 1") amends and supplements the Statement on Schedule 13D initially filed with the U.S. Securities and Exchange Commission on November 21, 2024 (the "Statement") and is being filed by (i) Shufu Li, (ii) Zhejiang Geely Holding Group Co., Ltd., (iii) Hainan Geely Investment Holding Co., Ltd., (iv) Geely International (Hong Kong) Limited, (v) Ningbo Jikong Enterprise Management Co., Ltd., (vi) Ningbo Jikong Jiju Enterprise Management Partnership (Limited Partnership), and (vii) GHGK Innovation Limited (collectively, the "Reporting Persons") in respect of the ordinary shares, par value $0.0002 per share (the "Ordinary Shares"), of the Issuer.
This Amendment No. 1 is being filed to reflect the effect of the Acquisition of ZEEKR Shares described in the Statement. Unless otherwise stated herein, the Statement remains in full force and effect. All capitalized terms used in this Amendment No. 1 but not defined herein shall have the meanings ascribed to them in the Statement. |
Item 3. | Source and Amount of Funds or Other Consideration |
| Item 3 is hereby amended and restated as follows:
On November 14, 2024, a sale and purchase agreement was entered into between Geely International (Hong Kong) Limited and Luckview Group Limited (the "ZEEKR Sale and Purchase Agreement"), pursuant to which Geely International (Hong Kong) Limited agreed to sell and Luckview Group Limited agreed to purchase 300,000,000 Ordinary Shares for a consideration of US$806,100,000, or US$26.87 per ADS (reflecting the 15-day volume weighted average price per ADS on the New York Stock Exchange for the 15-trading day period ending on (and including) the last trading day immediately prior to the date of the ZEEKR Sale and Purchase Agreement) (such transaction, the "Acquisition of ZEEKR Shares"), subject to the terms and conditions set forth therein.
The Acquisition of ZEEKR Shares was completed on December 31, 2024.
The consideration of the Acquisition of ZEEKR Shares was funded by the internal cash reserve of Geely Auto and its affiliates. |
Item 4. | Purpose of Transaction |
| The second paragraph of Item 4 is hereby amended and restated as follows:
The filing of this Amendment No. 1 constitutes an exit filing for Zhejiang Geely Holding Group Co., Ltd., Hainan Geely Investment Holding Co., Ltd. and Geely International (Hong Kong) Limited. On December 31, 2024, the date of completion of the Acquisition of ZEEKR Shares, Geely International (Hong Kong) Limited transferred 300,000,000 Ordinary Shares to Luckview Group Limited. Following the completion of the Acquisition of ZEEKR Shares, Luckview Group Limited holds, taking into account its existing beneficial ownership in the Issuer, 1,668,996,860 Ordinary Shares, representing approximately 66.6% of the issued and outstanding Ordinary Shares, calculated based on a total of 2,507,346,254 Ordinary Shares issued and outstanding as reported in the final prospectus of the Issuer dated May 9, 2024, after giving effect to the full exercise of over-allotment option (or 62.8% of the Issuer's share capital on a fully diluted basis when taking into account the 150,000,000 Ordinary Shares reserved for the Issuer's 2021 Share Incentive Plan). |
Item 5. | Interest in Securities of the Issuer |
(a) | The responses of each Reporting Person to Rows (7) through (13) of the cover pages are hereby incorporated by reference in this Item 5. Except as otherwise stated herein, each Reporting Person expressly disclaims any beneficial ownership of the Ordinary Shares held by each other Reporting Person. |
(b) | The responses of each Reporting Person to Rows (7) through (13) of the cover pages are hereby incorporated by reference in this Item 5. Except as otherwise stated herein, each Reporting Person expressly disclaims any beneficial ownership of the Ordinary Shares held by each other Reporting Person. |
(c) | Except as disclosed in this Amendment No.1, none of the Reporting Persons has effected any transaction in the Ordinary Shares during the past 60 days. |
(d) | Except as disclosed in this Amendment No.1, to the best knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Ordinary Shares beneficially owned by the Reporting Persons. |
(e) | The Acquisition of ZEEKR Shares was completed on December 31, 2024, after Geely International (Hong Kong) Limited transferred 300,000,000 Ordinary Shares to Luckview Group Limited. Following the completion of the Acquisition of ZEEKR Shares, each of Geely International (Hong Kong) Limited, Hainan Geely Investment Holding Co., Ltd. and Zhejiang Geely Holding Group Co., Ltd. ceased to be the beneficial owner of 5% or more of the Issuer's Ordinary Shares. |