NextFin News — Chinese electric vehicle manufacturer Leapmotor announced Thursday via a Hong Kong Stock Exchange filing that Chairman Zhu Jiangming and major shareholder Fu Liquan have collectively purchased 4,814,200 of the company’s H-shares at an average price of 35.86 Hong Kong dollars ($4.60) per share.
The immediate transaction accounts for an aggregate capital deployment of approximately 172.6 million Hong Kong dollars ($22.1 million). This latest open-market purchase expands a broader, sustained accumulation trend by the internal leadership duo, whose combined equity additions over the past six months have reached approximately 900 million Hong Kong dollars ($115.4 million).
Pressure is mounting on domestic electric vehicle manufacturers on the Chinese mainland to defend corporate valuations amid intense industry-wide price competition and fluctuating investor sentiment across Hong Kong bourses. Substantial, recurring insider buying from top corporate executives is increasingly utilized as a tactical mechanism to signal long-term balance sheet stability and intrinsic value to public markets. For institutional investors and automotive sector analysts, this aggressive multi-month capital commitment by core founders highlights a concerted effort to anchor market confidence during a critical period of regional capacity scaling and global distribution expansion.
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