Leapmotor’s shares rise more than 3% this morning; March deliveries exceed 50,000 units, leading the new auto-making forces

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Leap Motor (09863) shares surged over 3% during trading, as of press time, the stock price increased by 2.93%, currently at HKD 52.75, with a turnover of HKD 429 million.

Leap Motor delivered 50,029 units across all models in March, once again ranking first in monthly sales among new car manufacturers, up 35% year-on-year, and approximately 78.25% month-on-month. Leap Motor revealed that it will showcase the Lafa5 Ultra version at the Beijing Auto Show this month. Additionally, the flagship D19 model will be launched on April 16. Recently, Leap Motor also announced that founder, Chairman, and CEO Zhu Jiangming, along with shareholder Fu Liquan, have recently increased their holdings of the company’s shares, with an average price of about HKD 45.1, totaling approximately HKD 230 million, demonstrating confidence in the company’s development.

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Editor: Lu Yujun

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