Company: ZK
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001410578-25-000390
Chunk: 14

Company: ZEEKR Intelligent Technology Holding Ltd
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 14
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 on U.S. markets would be prohibited.
For details about the risks associated with the enactment of the HFCAA, see “Item 3. Key Information—3.D. Risk Factors—Risks Related to Doing Business in China—The continued U.S. regulatory and legislative focus, including the enactment of the HFCAA, may adversely affect the market price of the ADSs and may eventually require us to delist our securities from the U.S. markets.”

3.A.   [Reserved]
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3.B.   Capitalization and Indebtedness
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Not applicable.

3.C.   Reason for the Offer and Use of Proceeds
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Not applicable.

3.D.   Risk Factors
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Below please find a summary of the principal risks we face, organized under relevant headings. Unless otherwise indicated, all the legal and operational risks associated with being based in and having operations in the PRC also apply to operations in Hong Kong.
Risks Related to Our Business and Industry
Risks and uncertainties related to our business and industry include, but are not limited to, the following:

●   Our BEV business has a limited operating history and faces significant challenges as a new entrant into our industry.
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●   Our revenues are subject to the sales of BEV models.
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●   If we cannot achieve and sustain profitability, our business, financial condition, and operating results may be adversely affected.
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●   Our research and development efforts may not yield expected results.
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●   Our BEVs, including software systems, may contain defects and fail to offer a good mobility experience to meet customer expectations, and our business, results of operations and reputation would be materially and adversely affected.
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●   China’s and global BEV market is highly competitive, and demand for BEVs may be cyclical and volatile.
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●   Our suppliers may fail to deliver necessary components of our BEVs according to our schedule and at prices, quality levels and volumes acceptable to us.
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●   A severe or prolonged downturn in the PRC or global economy could materially and adversely affect our business, results of operations and financial condition.
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●   Our business and prospects depend significantly on our ability to build our Zeekr brand. We may not succeed in continuing to maintain and strengthen the Zeekr brand, and our brand and reputation could be harmed by negative publicity and customer complaints regarding our company, products or services.
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