LEAPMOTOR Chairman and Major Shareholder Acquire Over 5 Million H Shares

Stock News04-01

LEAPMOTOR (09863) has announced that its Chairman, CEO, and shareholder Zhu Jiangming, along with shareholder Fu Liquan, have jointly purchased a total of 5.0802 million H shares in the company. This acquisition, based on strong confidence in the company's future development, aims to promote its sustained, stable, and healthy growth while safeguarding the interests of public investors. The shares were acquired at an average price of approximately HK$45.10 per share, representing a total investment of around HK$230 million. Following this transaction, Zhu Jiangming, Fu Liquan, and their affiliated largest single shareholder group collectively hold 211 million H shares and 129 million domestic shares as of the announcement date, accounting for 23.89% of the company's total issued share capital. Both shareholders confirmed that the share purchase complies with relevant laws and regulations and the requirements of the Hong Kong Stock Exchange's listing rules.

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