Leapmotor Stock

Leapmotor's founder and his concert parties increased their stake in the company by HK$316 million ($40.7 million) in April.

Leapmotor executives, including the CEO, plan to increase their holdings of the company's Hong Kong-traded shares by up to RMB 300 million ($42 million) over a six-month period.

Leapmotor's founding team has pledged not to transfer or reduce their stake in the company in any way over the next 10 years.

Analysts expect Leapmotor's sales to start improving gradually in the second quarter, meeting the company's guidance of selling more than 30,000 units in the quarter.