- Leapmotor shareholders invested approximately HKD 490 million to increase their holdings.
- The share acquisition reflects strong confidence in Leapmotor's future development.
China-based Leapmotor announced on June 4 through the Hong Kong Exchanges and Clearing Limited (HKEX) that its chairman, chief executive officer and shareholder Zhu Jiangming, together with fellow shareholder Fu Liquan, increased their stake in the company through a market purchase of H shares. The two shareholders collectively acquired 11,621,900 H shares at an average purchase price of approximately HKD 41.99 per share. The total value of the transaction was around HKD 490 million, highlighting a significant commitment by key stakeholders toward the company.
The company stated that the latest share acquisition demonstrates the confidence of major shareholders in the long-term development and growth potential of the business. Such investments by senior leadership and major shareholders are often viewed as an indicator of their belief in the company's future performance, strategic direction and market position.
Details of Leapmotor Shareholding Following the Purchase
Following the completion of the share purchase, Zhu Jiangming, Fu Liquan and the single largest shareholder group to which they belong collectively hold a substantial ownership position in the company. Their combined holdings now include both H shares and domestic shares, strengthening their overall stake in the automaker.
Shareholding Position After the Transaction
The table below summarizes the ownership position disclosed by the company after the share acquisition.
Leapmotor Shareholding Structure After Share Purchase
| Share Category | Number of Shares |
|---|---|
| H Shares | 222,802,638 |
| Domestic Shares | 128,517,839 |
| Total Issued Shareholding Percentage | 24.7% |
According to the announcement, Zhu Jiangming, Fu Liquan and the largest shareholder group associated with them will collectively own 222,802,638 H shares and 128,517,839 domestic shares after the transaction. These holdings represent 24.7% of the total issued shares of the company, reinforcing their position as a key shareholder group within Leapmotor.
Frequently Asked Questions
Why did Leapmotor's major shareholders purchase additional shares?
The share purchase was carried out by chairman and CEO Zhu Jiangming along with shareholder Fu Liquan through market transactions involving H shares. The acquisition totaled approximately HKD 490 million and was described by the company as a demonstration of strong confidence in Leapmotor’s future development. Such purchases by major shareholders can signal their belief in the company's growth prospects, business strategy and long-term value creation potential while increasing their ownership stake in the company.
What is the combined ownership of the major shareholder group after the transaction?
After the acquisition, Zhu Jiangming, Fu Liquan and the largest shareholder group associated with them collectively hold 222,802,638 H shares and 128,517,839 domestic shares. According to the company’s disclosure, these combined holdings represent 24.7% of Leapmotor’s total issued shares. This ownership level strengthens the group's position within the company and reflects a significant long-term commitment to the automaker’s future development and business objectives.
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