LEAPMOTOR (09863.HK): CSRC Approves Registration for Issue of New Domestic Shares to FAW Equity and Jinyi High-tech

On 16 September 2026, Zhejiang Leapmotor Technology Co., Ltd. (09863.HK) announced that it has received the CSRC approval dated 10 September 2026 (Zheng Jian Xu Ke [2026] No. 2434) for the registration of the issue of shares, under which the CSRC has approved the issue of new Domestic Shares to FAW Equity and Jinyi High-tech under the Domestic Shares Subscriptions; the approval is valid for twelve months from the date of approval of registration.
Key Highlights:
  • The issue shall be implemented strictly in accordance with the filing documents submitted to the CSRC, and from the date of approval of registration until completion of the issue the Company shall promptly report any material matter to the CSRC.
  • The Board will handle the Domestic Shares Subscriptions under the general mandate granted at the Company's 2024 AGM held on 25 June 2025 and will make further announcement(s) as and when appropriate.
  • Completion of the Domestic Shares Subscriptions is subject to the conditions under the Domestic Shares Subscription Agreements and therefore remains uncertain, and shareholders and potential investors should exercise caution when dealing in the Company's securities.

NewTimeSpace News: On 16 September 2026, Zhejiang Leapmotor Technology Co., Ltd. (09863.HK) announced that it has recently received the approval issued by the CSRC on 10 September 2026 (the "Date of Approval of Registration") for the registration of the issue of shares to specific subscribers (Zheng Jian Xu Ke [2026] No. 2434), pursuant to which the CSRC has approved the issue of new Domestic Shares by the Company to FAW Equity and Jinyi High-tech under the Domestic Shares Subscriptions.

Under the approval, the CSRC approves the Company's registration application for the issue of shares to specific subscribers; the issue shall be implemented strictly in accordance with the filing documents submitted to the CSRC; the approval shall be valid for twelve months from the Date of Approval of Registration; and from that date until completion of the issue, the Company shall promptly report to the CSRC any material matter and deal with it in accordance with the relevant provisions.

The Board will handle the Domestic Shares Subscriptions in accordance with the approval, the requirements of relevant laws and regulations and the general mandate granted upon approval at the Company's 2024 AGM held on 25 June 2025, and will make further announcement(s) as and when appropriate in compliance with the Listing Rules and/or the requirements of relevant laws and regulations. The Company reminded shareholders and potential investors that completion of the Domestic Shares Subscriptions is subject to the conditions under the Domestic Shares Subscription Agreements and therefore remains uncertain, and that they should exercise caution when dealing in the securities of the Company.

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