Company: ZK
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001410578-25-000390
Chunk: 16

Company: ZEEKR Intelligent Technology Holding Ltd
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 16
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 acquisitions conducted by foreign investors to grow through acquisitions in China.
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●   Complying with evolving laws and regulations regarding cybersecurity, information security, privacy and data protection and other related laws and requirements may entail significant expenses and force us to make adverse changes to our business.
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●   PRC regulations relating to investments in offshore companies by PRC residents may subject our PRC-resident beneficial owners or our PRC subsidiaries to liability or penalties, limit our ability to inject capital into our PRC subsidiaries or limit our PRC subsidiaries’ ability to increase their registered capital or distribute profits.
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●   Any failure to comply with PRC regulations regarding our share incentive plan may subject the PRC plan participants or us to fines and other legal or administrative sanctions.
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Risks Related to the ADSs

●   The trading price of the ADSs has been and may continue to be volatile, which could result in substantial losses to you.
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●   If securities or industry analysts do not publish research or publish inaccurate or unfavorable research about our business, the market price for the ADSs and trading volume could decline.
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Risks Related to Our Business and Industry
Our BEV business has a limited operating history and faces significant challenges as a new entrant into our industry.
Our BEV business initially commenced within Geely Auto, and was restructured as a separate business in 2021. Therefore, we have a limited operating history as a separate business in most aspects of the BEV segment, including designing, testing, marketing, selling and related services associated with BEVs. We have launched and delivered a series of BEV models since the release of our first BEV model, Zeekr 001, in April 2021. For details, see “Item 4. Information on the Company—4.A. History and Development of the Company.”
You should consider our business and prospects in light of the risks and challenges we face as a new entrant in China’s BEV market, including, among other things:

●   design and produce safe, reliable, customer-centric and quality vehicles on an ongoing basis;
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●   build a well-recognized and respected brand;
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●   expand our customer base;
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●   properly price our products and services;
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●   advance our technological capabilities in key areas, such as autonomous driving, intelligent operating system, and electric powertrain;
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