SUNDAY, JUNE 7, 2026|No. 1933
Business · EV · China

Leapmotor Founder Zhu Jiangming Increases Stake, Deliveries Surge

Leapmotor founder Zhu Jiangming and a key shareholder have spent nearly HK$490 million to increase their stakes, as the EV maker's monthly deliveries hit a record high of 81,569 units in May.

Founder Zhu Jiangming signals confidence with significant share buyback.
Founder Zhu Jiangming signals confidence with significant share buyback.
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Gasgoo Munich- On June 4, Leapmotor (9863.HK) issued a voluntary announcement revealing that founder, Chairman, and CEO Zhu Jiangming, along with shareholder Fu Liquan, had recently increased their stakes. The purchases were made at an average price of HK$41.99, totaling roughly HK$490 million.

To date, the company's largest shareholder group has accumulated nearly HK$1.7 billion in buybacks — a move that underscores the founder and key shareholders' unwavering confidence in the company's long-term prospects.

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Image Source: Leapmotor

Leapmotor's operational performance has remained impressive recently. In May, global deliveries hit 81,569 units — an 81% surge from a year earlier. Overseas exports accounted for nearly 25% of the total, reaching 20,168 units. The numbers mark a new monthly high for the brand, keeping Leapmotor at the forefront of the new-energy startup pack.

This month, the Leapmotor C-series — which has surpassed 800,000 global cumulative sales — is set for a refresh, aiming to better satisfy families seeking high-quality new-energy mobility. Meanwhile, the right-hand-drive version of the Leapmotor Lafa5 is slated for a debut at the 2026 Hong Kong Motor Show, with plans to expand into 28 countries and regions, marking a new chapter in Leapmotor's global expansion.

PAN's pipeline reviewed approximately 1 open sources for this article. No human editor reviewed this article before publication.

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