Leapmotor Soars 10.5 pc on Strong Revenue Growth Forecast

Zhejiang Leapmotor Technology (9863) expects annual revenue growth of at least 80 percent, stock price surges by 10.5 percent to HK$33.15.

Revenue will be no less than 30.5 billion yuan (HK$32.38 billion), mainly driven by the sales volume in 2024 increasing by 104 percent as compared with that in 2023.

The group had sales volume of 293,724 units over the past year, compared to 144,155 units in the previous year.