In a show of confidence in the company's future, LEAPMOTOR (09863) has announced a significant share purchase by its major shareholders.

The company's Chairman, CEO, and shareholder, Mr. Zhu Jiangming, along with shareholder Mr. Fu Liquan, have jointly acquired 11.6219 million of the company's H shares in the open market.

This purchase, executed at an average price of approximately HK$41.99 per share, represents a total investment of about HK$490 million.

Following this transaction, as of the announcement date, Mr. Zhu, Mr. Fu, and the associated single largest shareholder group collectively hold 222.8 million H shares and 128.5 million domestic shares in LEAPMOTOR.

This combined holding represents 24.71% of the company's total issued share capital.

The shareholders have confirmed that this share acquisition complies with all relevant laws, regulations, and the requirements of the Hong Kong Stock Exchange's listing rules.