US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
REFIRE
02570.HK
Electrical Components & Equipment 145-165 20 3,333 2024/12/03 2024/12/05 2024/12/06
Dmall
02586.HK
Application Software 30.21 100 N/A 2024/12/03 2024/12/05 2024/12/06
Summary
Founded in 2015, we are a smart EV company based in China primarily focusing on the mid- to high-end segment of China’s NEV market with a price range of RMB150,000-300,000. Our flagship models, the C11 and C01, provide longer driving range, greater acceleration, more interior space and a wider variety of autonomous driving functions than most models within the same price range available in China’s EV market as of the Latest Practicable Date. We delivered a total of 43,748 vehicles in 2021, a 443.5% increase from 2020, making us the fastest-growing among the leading pure-play EV companies based in China in terms of delivery volume, according to Frost & Sullivan. We delivered 51,994 smart EVs in the first half of 2022, representing an increase of 265.3% from the same period in 2021.

We internally develop all our key hardware and software across the core systems and electronic components of our vehicles. We are the only pure-play EV company, and one of the few NEV companies, based in China with such a full-suite of R&D capabilities, according to Frost & Sullivan. We develop cross-platform systems and electronic components from the ground up, which are highly configurable and easily adaptable across different EV models, making our R&D highly efficient and cost effective. We are also the most vertically integrated pure-play EV company, and one of the most vertically integrated NEV companies, based in China, designing and producing in-house all of the core systems and electronic components for our vehicles, according to Frost & Sullivan. These include our intelligent power system (Leapmotor Power), autonomous driving system (Leapmotor Pilot), and smart cockpit system (Leapmotor OS). See “Industry Overview — Competitive Landscape of the EV Markets in China — R&D Capabilities and Production Strategies of NEV Companies in the China Market” and “— Our Full-suite of R&D Capabilities and Vertical Integration” for details. We believe such unique capabilities in smart EVs enable us to produce high caliber products, develop new models rapidly and enjoy a cost advantage.

China’s NEV market consists of four segment markets according to selling price of vehicles, namely (i) entry-level segment (below RMB80,000), (ii) mid-range segment (RMB80,000-below RMB150,000), (iii) mid- to high-end segment (RMB150,000 -RMB300,000), and (iv) premium segment (above RMB300,000). The mid- to high-end segment in China’s NEV market is expected to be the largest and fastest-growing market segment from 2022 onwards, according to Frost & Sullivan. See “Industry Overview — Segment Market of NEV and EV Industry by Price.” We have launched four BEV models and plan to further expand our product portfolio by launching seven new BEV models by 2025, at a pace of one to three new models every year. As an addition to our product offering, we also plan to launch the EREV version of these new models based on our proprietary EREV technology, concurrently or subsequently, to broaden our target audience to include customers with different needs and preferences. We believe our diversified product line-up will better position us to capture the market opportunities in the mid- to high-end segment of the NEV market in China.

We have established comprehensive in-house engineering and manufacturing capabilities with advanced technology. We produce smart EVs and their core systems and electronic components in our manufacturing plant in Jinhua, Zhejiang province. This wholly-owned, AI-enabled, digitalized plant has a production capacity of 200,000 vehicles per annum. To capture the NEV market growth opportunities, we are also planning a new production facility in Hangzhou, Zhejiang province to further expand production capacity.

As a customer-centric company, we directly engage with our users through an integrated online/offline sales and service network. We utilize a dual-pronged sales model, consisting of directly operated stores and channel partner stores, enabling us to swiftly scale up our network with capital efficiency and flexibility, while establishing direct customer relationships to best serve their needs. We have developed a thriving user community through a variety of online and offline events initiated by us or directly by our users, such as test drives, product launches and Leapmotor Club gatherings, all of which enable greater engagement and interaction with our users. Through these events, we collect and analyze valuable user feedback to continuously improve our product and service quality, thereby strengthening our connection with users and their trust in our brand. Through omni-channel customer engagement and value-added services, we continue to acquire new customers as well as enhance user satisfaction, drive more user referrals and cultivate long-term user loyalty.



Source: Leapmotor (09863) Prospectus (IPO Date : 2022/09/20)
Listing Market MAIN
Industry Automobile Manufacturers
Background H Shares
Major Business Area N/A
Corporate Information
Substantial Shareholders Stellantis N.V. (Total share: 21.26%); (H share: 21.43%)
Fu Liquan (Total share: 15.80%); (H share: 12.39%)
Zhu Jiangming (Total share: 9.49%); (H share: 6.39%)
Guosen Securities Co., Ltd. (Total share: 4.32%); (H share: 5.17%)
Directors Zhu Jiangming (Founder and Chairman and Chief Executive Officer and Executive Director)
Cao Li (Vice President and Executive Director)
Jin Yufeng (Non-Executive Director)
Douglas Ostermann (Non-Executive Director)
Gregoire Olivier (Non-Executive Director)
Drina C Yue (Independent Non-Executive Director)
Fu Yuwu (Independent Non-Executive Director)
Shen Linhua (Independent Non-Executive Director)
Company Secretary Lee Mei Yi
Shen Ke
Principal Bankers China Merchants Bank
China Construction Bank
Solicitors Clifford Chance
Auditors PricewaterhouseCoopers
Registered Office 5th Floor, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong
Share Registrars Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No (852) 2980-1333
Internet Address http://www.leapmotor.com
Email Address [email protected]
Tel No (86 400) 008-1234
Fax No
 
SITEMAP
Email: [email protected]
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 6 January 2023.