On August 17, LEAPMOTOR rose 3.3% in regular trading, trading at 41.54 HKD/share, with turnover of approximately 49.73 million HKD.

On the news front, the company announced on August 12 that its board will convene on August 24 to review and approve interim results for the six months ended June 30, with a management earnings call scheduled the same evening. Meanwhile, the all-new A05 officially launched on August 11, offering five versions priced between RMB 63,900 and RMB 90,900. Institutions previously forecast the model could achieve steady-state monthly sales of 20,000 units.

Fundamentally, LEAPMOTOR delivered 101,267 vehicles in July, up 102% year-over-year, becoming the first new-force brand to surpass 100,000 monthly deliveries. The company maintains its full-year one-million-unit sales target. Management stated the company has passed its most difficult phase and is approaching higher milestones.

The broader Automobile Manufacturers sector traded higher on the day, with NIO up 2.96%, XPENG up 2.94%, BYD up 2.78%, GEELY AUTO up 2.02%, and LI AUTO up 1.81%.

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