Here’s the latest overview based on recent reporting up to early 2026.
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Ownership structure: Leapmotor is controlled by its founder group, led by Zhu Jiangming (founder, chairman, and CEO) and his close associates. This founder-led group remains the largest single shareholder, but they have been diluting their stake as external investments and internal buy-ins occur. Stellantis was reported asLeapmotor’s largest external shareholder after a planned €1.5 billion investment in 2023, but that deal would have changed ownership dynamics significantly; subsequent updates indicate the founder group keeps decisive control despite external stakes.[1][2][5]
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Outsider investors: Stellantis’ proposed investment would have made it a major shareholder and given them board seats, while the founder group would still retain control, but the exact current stake mix fluctuates with ongoing share purchases and secondary offerings. Public reports through 2024–2026 show the founder group maintaining control while continuing to increase or adjust holdings, signaling confidence in Leapmotor’s strategy and governance.[3][4][1]
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Recent founder activity: Zhu Jiangming and Fu Liquan have repeatedly increased their stake in Leapmotor during 2024–2025, with multiple rounds of purchases totaling hundreds of millions of HKD. This pattern underscores the founders’ continued influence and long-term commitment to the company, even as external investors participate.[4][5][3]
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Market context: Leapmotor has pursued expansion and product development (including new models) while balancing investor interest and founder control. The company’s leadership has framed these stake changes as aligning with sustainable growth and governance that protects public investors’ interests, even as the exact share distribution evolves.[2][3]
Illustration (conceptual):
- Ownership snapshot (simplified): Founder group ~23–24%; Stellantis or other external investors hold a sizable minority stake; rest is public or employee/other holdings. Actual percentages vary with new purchases and secondary offerings.[1][2][3]
If you’d like, I can refine this with the most current numbers from a specific date or pull the latest filings and press releases to provide exact percentages and board representation. I can also summarize what this ownership mix implies for Leapmotor’s strategic decisions and governance. Citations: see sources after each claim.
Sources
The cashout rumors began circulating online after Amsterdam-based carmaker Stellantis announced on Oct. 26 that it would invest EUR1.5 billion (USD1.6 billion) to acquire about 20 percent of Leapmotor to advance its asset-light strategy by investing in local companies in China and exporting China-made vehicles abroad. Leapmotor is the second joint venture between Zhu and Fu after they co-founded Dahua Technology, a video surveillance firm. The shareholder group represented by Zhu and Fu holds...
www.yicaiglobal.comBitauto News: Leapmotor recently announced that its founder, Chairman, and CEO Mr. Zhu Jiangming, along with his concerted party Fu Liquan and his wife, have continuously increased their holdings in April this year. The latest increase amounts to 6,809,600 shares, with a value exceeding 300 million HKD. This increase follows a previous increase of 300 million HKD last year, strongly demonstrating their confidence in the company and promoting its continuous, stable, and healthy development.
www.bitauto.comProvide HK Stocks News and Financial News, including Stocks’ company news, announcement, result, world economic data, world markets news, china’s policy, forex and fund news, warrant and CBBC news
www.aastocks.comLeapmotor'sfounder bought about HK$230 million worth of company shares, marking management's fifth stake increase in two years. For details, please visit CnEVPost.
www.moomoo.comLeapmotor'sfounder and his concerted party have again increased their holdings in the company by HK$108.6 million ($14 million). For details, please visit CnEVPost.
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www.xm.comZhu Jiangming, Founder, Chairman and CEO of LEAPMOTOR (09863.HK), released the latest sales rep...
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