LEAPMOTOR (09863) Chairman Zhu Jiangming and shareholder Fu Liquan increased their holdings by a total of 5.08 million H shares.

LEAPMOTOR (09863) announced that, based on strong confidence in the company's future development, to promote the company's continuous, stable, and healthy growth, and to protect the interests of the general public investors, the company's shareholders, Chairman and CEO Zhu Jiangming, and shareholder Fu Liquan recently jointly purchased 5.08 million shares of the company's H shares in the market (this increase), at an average price of approximately HK$45.10 per share, with a total increase of approximately HK$230 million. Following this increase, as of the date of this announcement, Zhu Jiangming, Fu Liquan, and their affiliated companies collectively hold 211 million H shares and 129 million domestic shares of the company, accounting for 23.89% of the total issued shares of the company. Zhu Jiangming and Fu Liquan confirm that this increase complies with relevant laws and regulations as well as the requirements of the Listing Rules of the Hong Kong Stock Exchange.