Zhejiang Leapmotor Technology Co. Ltd. has announced a subscription of new domestic shares under a general mandate. The subscription price is set at RMB50.03 per domestic subscription share, which is equivalent to HK$55.49 at the exchange rate of HK$1 to RMB0.90161. The agreement involves Jinyi High-tech making a strategic investment in Leapmotor, reflecting its confidence in the company's smart NEV business and long-term prospects. The transaction also aims to foster future commercial and industrial cooperation between Leapmotor and the Jindong District, potentially benefiting both parties and the local economy. Completion of the share subscription is subject to various conditions, including approval from the China Securities Regulatory Commission, and the process may take several months.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhejiang Leapmotor Technology Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260106-11982247), on January 06, 2026, and is solely responsible for the information contained therein.
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