Leap Motor's shares rose more than 6% in the morning, with a total of 50,029 vehicles delivered in March, a year-over-year increase of 35%.

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Leapmotor (09863) was up more than 7% during the trading session. As of the time of this report, the share price was up 5.79%, trading at HK$49.74, with a trading value of HK$424 million.

In the early hours of April 1, Leapmotor released its latest delivery data: in March, deliveries across the entire range were 50,029 units, up 35% year over year, and up approximately 78.25% month over month. In terms of products, the Leapmotor A10 was officially launched on March 26, and order demand has continued to run high. The highly anticipated flagship model D19 will also hold its global launch and press conference on April 16.

In addition, Leapmotor announced that, based on strong confidence in the company’s future development, to promote its continued, stable, and healthy development, and to safeguard the interests of the vast number of public investors, the company’s shareholder, Chairman and CEO Zhu Jiangming, and company shareholder Fu Liquan recently collectively purchased 5.0802 million shares of the company’s H shares in the market (this increase in holdings), at an average price of approximately HK$45.10 per share, for a total increase in holdings of approximately HK$230 million.

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Byline: Lu Yujun

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