LEAPMOTOR (09863) chairman Zhu Jiangming and company shareholder Fu Liquan collectively increased their holding of 4.8142 million shares of company H shares.

LEAPMOTOR (09863) announced that, based on strong confidence in the future development of the company and to promote the continuous, stable, and healthy development of the company, as well as to safeguard the interests of the general public investors, the company's shareholders, Chairman and CEO Mr. Zhu Jiangming, and shareholder Mr. Fu Liquan recently jointly purchased a total of 4.8142 million H-shares of the company in the market (this recent increase in holdings), at an average price of approximately HK$35.86 per share. Following this recent increase in holdings, as of the date of this announcement, Mr. Zhu Jiangming, Mr. Fu Liquan, and their affiliated single largest shareholder group collectively hold 228 million H-shares and 129 million domestic shares of the company, accounting for 25.05% of the total issued shares of the company. Mr. Zhu Jiangming and Mr. Fu Liquan confirm that this recent increase in holdings complies with relevant laws and regulations as well as the listing rules of The Stock Exchange of Hong Kong Limited. Over the past six months, the company's shareholders, Chairman and CEO Mr. Zhu Jiangming, and shareholder Mr. Fu Liquan have collectively increased their holdings by approximately HK$900 million.