[SCHEDULE 13G/A] Lotus Technology Inc. SEC Filing

Rhea-AI Filing Summary

Meritz Securities Co., Ltd. filed a Schedule 13G/A reporting that it does not beneficially own any ordinary shares of Lotus Technology Inc. The filing states 0 shares and 0.0% ownership of the class. Meritz describes itself as a broker entity organized in the Republic of Korea and confirms the securities, where applicable, would be held in the ordinary course of business and not for the purpose of influencing control of the issuer. The statement indicates no voting or dispositive powers over Lotus ordinary shares.

Positive

• Clear regulatory compliance via public Schedule 13G/A disclosure
• Explicit certification that any holdings would be in the ordinary course and not to influence control

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Filing shows full disclosure compliance with no beneficial ownership of Lotus ordinary shares.

Meritz Securities used Schedule 13G/A to report zero holdings and to confirm the broker-status regulatory comparability claim. The certification that any securities would be held in the ordinary course of business and not to influence control is standard for broker filers. From a compliance perspective, the filing fulfills disclosure obligations and clarifies the firm has no voting or dispositive power over the issuer's shares.

Equity Research Analyst

TL;DR: No economic or voting stake reported; this disclosure is neutral for investor ownership analysis.

The report records 0 shares and 0.0% ownership, so there is no change to Lotus Technology's shareholder base from this filer. Because Meritz explicitly disclaims holdings and control intent, there is no immediate equity-impact signal for market participants. The filing is informational and does not indicate acquisition, disposition, or strategic positioning by the reporting entity.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Lotus Technology Inc.

(Name of Issuer)

Ordinary Shares, par value $0.00001 per share

(Title of Class of Securities)

54572F101

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 54572F101

1

Names of Reporting Persons

Meritz Securities Co., Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

KOREA, REPUBLIC OF

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Lotus Technology Inc.
(b)	Address of issuer's principal executive offices: No. 800 Century Avenue Pudong District, Shanghai, People's Republic of China
Item 2.
(a)	Name of person filing: Meritz Securities Co., Ltd.
(b)	Address or principal business office or, if none, residence: Three IFC 10 Gukjegeumyung-ro Yeongdeungpo-gu Seoul Republic of Korea 07326
(c)	Citizenship: Republic of Korea
(d)	Title of class of securities: Ordinary Shares, par value $0.00001 per share
(e)	CUSIP No.: 54572F101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Meritz Securities Co., Ltd. is a broker entity, authorized by the Financial Services Commission in the Republic of Korea which is comparable to the regulatory scheme applicable to a broker covered in Item 3(a) above.
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to a broker entity authorized by the Financial Services Commission in the Republic of Korea is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Meritz Securities Co., Ltd.

Signature:	/s/ Kim Jong Min
Name/Title:	Kim Jong Min, CEO
Date:	10/01/2025

FAQ

Who filed this Schedule 13G/A for Lotus Technology Inc. (LOT)?

The filing was submitted by Meritz Securities Co., Ltd., a broker entity organized in the Republic of Korea.

How many Lotus Technology ordinary shares does Meritz Securities beneficially own?

The filing reports 0 shares beneficially owned and 0.0% ownership of the class.

Does Meritz Securities claim voting or dispositive power over Lotus shares?

No. The filing reports 0 sole and 0 shared voting and dispositive powers.

Is the reported holding intended to influence control of Lotus Technology?

No. The filer certifies the securities were not acquired and are not held to change or influence control of the issuer.

What type of filer is Meritz Securities under the Schedule 13G/A classification?

Meritz identifies as a broker entity and asserts its foreign regulatory scheme is comparable to the U.S. broker regulatory framework.