Movement Alert|Leapmotor Rises 3.1% in Regular Trading, Core Shareholders Accumulated HK$900 Million in Purchases Over Past Six Months Combined with 95% YoY June Sales Growth

Market Focus
07/06

On July 6, Leapmotor rose 3.1% in regular trading, trading at HK$38.4 per share, with turnover of approximately HK$79.84 million.

On the news front, the company announced that Chairman Zhu Jiangming and shareholder Fu Liquan recently purchased a combined 4.8142 million H-shares at an average price of HK$35.86 per share. Over the past six months, their cumulative purchases totaled approximately HK$900 million. Following the latest acquisition, the single largest shareholder group now holds 25.05% of total issued shares.

Additionally, Leapmotor delivered 93,376 vehicles in June, representing a 95% year-over-year increase, pushing the NEV startup monthly sales ceiling to the 90,000-unit level. The company accumulated over 350,000 units in first-half deliveries, firmly maintaining its position as the top-selling NEV startup. Goldman Sachs recently initiated coverage with a Buy rating and a HK$50 target price, citing competitive new model launches and accelerating domestic growth.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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