LEAPMOTOR (09863) shareholders Zhu Jiangming and Fu Liquan increased their holdings by a total of 2.15 million H shares, with the increased amount exceeding HK$100 million.

LEAPMOTOR(09863) announced that based on strong confidence in the future development of the company, in order to promote the continuous, stable, and healthy development of the company, and to protect the interests of the general public investors, recently, the company's shareholders, Mr. Zhu Jiangming, the Chairman and CEO, and Mr. Fu Liqun, collectively purchased a total of 2.1506 million shares of the company's H shares in the market (this round of additional purchases), with an average price of approximately HK$50.51 per share, totaling over HK$100 million in additional purchases. Following this recent additional purchase, as of the date of this announcement, Mr. Zhu Jiangming and Mr. Fu Liqun, along with their affiliated group of the company's largest shareholder, collectively hold 209 million H shares and 128.5 million domestic shares of the company, accounting for 23.75% of the total issued shares of the company. Mr. Zhu Jiangming and Mr. Fu Liqun confirm that this additional purchase is in compliance with relevant laws and regulations as well as the requirements of the Securities Listing Rules of The Stock Exchange of Hong Kong Limited.