On May 6, it was reported that Meizu has been acquired by Geely and is completing the delivery stage. Meizu officials declined to comment on this matter.

　　Caijing.com Auto also contacted the person in charge of Geely Xingji Times, but has not received a response from the other party as of press time.

　　In January this year, there were media reports that Xingji Times, a mobile phone company under Geely Group, was in contact with mobile phone manufacturer Meizu to discuss acquisitions. At the same time, the transaction is in the due diligence stage, and the price is not clear. At that time, Geely said: "We do not comment on market rumors. The high-end mobile phone research and development business of Xingji Times is progressing in an orderly manner. We hope to create an open and integrated ecological partnership."

　　Meizu responded: "Thank you for your interest in Meizu Technology." Meizu was on the hot search again because of the acquisition rumors. This time, Meizu did not respond to the rumors.

　　Li Shufu, chairman of Geely Holding Group, once said that he would invest 10 billion yuan in the field of mobile phones. In September 2021, Geely Group established Hubei Xingji Times Technology Co., Ltd. to target the field of high-end mobile phones. The CEO of Xingji Times, Wang Yong, used to be the vice president of ZTE. After leaving ZTE, Wang Yong also joined ASUS as the deputy general manager of China.

　　In terms of capital reserves, Xingji Times has been carrying out intensive capital increase recently. In December last year, Xingji Times completed an undisclosed amount of strategic financing. The investors were Geely Group, Ningbo Boma and Jingkai Investment; on January 13, Xingji Times’ shareholders added Wuhan Jingkaixing. Ji Investment Fund Partnership (Limited Partnership), the registered capital of the company increased to RMB 715 million, an increase of 10%.