Leapmotor announced that its revenue for the three months ended March 31, 2025 was RMB 10.02 billion, a year-on-year increase of 187.1%. In the first quarter of 2025, Leapmotor's gross profit margin was 14.9%, and the year-on-year improvement was mainly due to the scale effect brought about by the increase in sales, ongoing cost management and product portfolio optimization. In the first quarter of 2025, Leapmotor's loss attributable to equity holders of the Company was RMB 130 million, while the loss in the same period of 2024 was RMB 1.01 billion. As of March 31, 2025, Leapmotor's cash and cash equivalents, restricted cash, financial assets at fair value through profit or loss, and bank time deposits balances were RMB 25.7 billion.