Leapmotor

2025.05.20

02:48

Leapmotor Chairman Zhu Jiangming denies death rumors

Recently, a rumor about the death of Zhu Jiangming, the founder and chairman of Leapmotor, has been circulating on the Internet. On May 20, Zhu Jiangming sent an exclusive video to China Business News to refute the rumor, saying that "it is easy to spread rumors, but it is difficult to refute them." He also said in the video: "Yesterday we released the first quarter financial report of 2025, which achieved results beyond expectations. I was surprised to receive greetings from many friends. To be honest, when I saw this rumor, I was helpless. As an entrepreneur, I used to work hard to prove that Leapmotor is alive. Now that Leapmotor is doing well, I have to prove that I am still alive."

2025.05.19

11:07

Leapmotor (09863.HK) had revenue of 10.02 billion yuan in the first quarter of 2025, compared with 3.486 billion yuan in the same period last year.

11:05

Leapmotor: Revenue of 10.02 billion yuan in the first quarter of 2025

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.

2025.05.14

11:21

LiDAR manufacturer Tudatong is negotiating mass production projects with Xiaomi and Leapmotor? Leapmotor responded with "no comment", Xiaomi Motors has not yet responded

Recently, it was reported that LiDAR manufacturer Seyond has won the new model project of Leapmotor B series hatchback, which is expected to be delivered by the end of the year. In addition, Xiaomi L3 related model projects are also expected to become a cooperative project of Seyond. In response to the above news, Leapmotor responded that it "would not comment". As of press time, Xiaomi Motors has not responded.

02:08

Hong Kong auto stocks rose, with Leapmotor rising more than 5%

Hong Kong-listed auto stocks rose, with Leapmotor up more than 5%, Li Auto up nearly 4%, Xpeng Motors and Xiaomi Group up more than 3%, and Beijing Auto and NIO up more than 2%.

02:02

Hong Kong-listed auto stocks rebounded, with Leapmotor (09863.HK) rising more than 5%, Li Auto (02015.HK) rising 3.8%, Xpeng Motors (09868.HK) and Xiaomi Group (01810.HK) rising more than 3%, and BAIC Motors (01958.HK) and NIO (09866.HK) rising more than 2%.

2025.05.12

01:22

Hong Kong stocks' new energy vehicle sector opened higher, with NIO-SW up more than 4%

The Hong Kong stock market's new energy vehicle sector opened higher, with NIO-SW rising more than 4%, Li Auto-W rising more than 3%, Xpeng Motors-W, Geely Auto, and Leapmotor opening 2% higher.

2025.05.11

02:08

China Passenger Car Association: New energy passenger car market retail sales in April reached 905,000 units, a year-on-year increase of 33.9%

According to the data from the China Passenger Car Association, the retail sales of new energy passenger vehicles in April reached 905,000 units, a year-on-year increase of 33.9% and a month-on-month decrease of 8.7%. The cumulative retail sales from January to April reached 3.324 million units, an increase of 35.7%. In April, the retail penetration rate of new energy vehicles in the overall domestic passenger vehicles was 51.5%, an increase of 7 percentage points from the same period last year. In the domestic retail sales in April, the penetration rate of new energy vehicles among independent brands was 72.8%; the penetration rate of new energy vehicles among luxury cars was 23.5%; and the penetration rate of new energy vehicles among mainstream joint venture brands was only 6.8%. From the perspective of the monthly domestic retail share of new energy vehicles, the retail share of independent brand new energy vehicles in April was 73%, an increase of 0.4 percentage points year-on-year; the share of mainstream joint venture brand new energy vehicles was 3.4%, a year-on-year decrease of 1.5 percentage points; the share of new forces was 19.4%, and brands such as Xiaopeng Motors, Leapmotor, and Xiaomi Motors drove the share of new forces to increase by 3.6 percentage points year-on-year; Tesla's share was 3.2%, a year-on-year decrease of 1.5 percentage points.

2025.05.06

05:32

Leapmotor: From May 1 to May 5, orders for the entire series exceeded 18,000 units

Leapmotor’s official blog announced today that from May 1st to May 5th, the orders for the entire series exceeded 18,000 units; on May 5th, the single-day orders for the entire series exceeded 3,700 units, and the C11 single product reached 1,099 units in a single day.

2025.05.02

08:10

At the close of Hong Kong stocks, the Hang Seng Index closed up 1.74% and the Tech Index closed up 3.08%. Auto stocks strengthened throughout the day, with Xpeng Motors (09868.HK) closing up 6.66% and Leapmotor (09863.HK) up 7.01%. Standard Chartered Group (02888.HK) closed up 0.71% and HSBC Holdings (00005.HK) fell 1.03%.

03:41

Leapmotor's (09863.HK) intraday gains expanded to more than 6%.

01:23

Leapmotor (09863.HK) rose 3.23%. With over 40,000 vehicles delivered in April, it won the sales championship for the second consecutive month.

2025.05.01

07:27

New energy vehicle companies released their April "report card", with the highest year-on-year growth exceeding 270%

A number of new car companies announced their delivery figures for April. Among them, NIO delivered 23,900 new cars in April, a year-on-year increase of 53%; Xpeng Motors delivered a total of 35,045 new cars in April, a year-on-year increase of 273%; Li Auto delivered 33,939 new cars in April, a year-on-year increase of 31.6%; Xiaomi Motors delivered more than 28,000 units in April; Leapmotor delivered 41,039 units in April, a year-on-year increase of 173%; Zeekr Technology Group's sales in April increased by 18.7% year-on-year; Avita's sales in April were 11,681 units, a year-on-year increase of 122.6%; and Lantu Auto's sales in April were 10,019 units, a year-on-year increase of 150%.

01:27

Leapmotor's official Weibo account said that its deliveries in April reached 41,039 units, a year-on-year increase of 173%, setting a new record high in growth rate.

01:16

Leapmotor: Deliveries in April reached 41,039 units, up 173% year-on-year, setting a new record

Leapmotor's official Weibo account said that its deliveries in April reached 41,039 units, a year-on-year increase of 173%, setting a new record high in growth rate.

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