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Zeekr privatization hits a speed bump

At least six of the new energy vehicle maker’s minority shareholders have sent letters to the NEV maker saying a proposed privatization price is too low

This article only represents the author's own views.

Underperformer or underappreciated prodigy?

That’s the big question swirling around new energy vehicle (NEV) maker Zeekr Intelligent Technology Holding Ltd. (ZK.US), whose recent privatization drive has hit a speed bump as some of its minority investors protest that the buyout price is too low, according to a Reuters report last Friday. At the same time, some might also say the company’s low valuation is deserved, since Zeekr was quite late arriving to China’s NEV race, and its sales have also started to contract this year.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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