LEAPMOTOR (09863) News

Leapmotor (09863) reported first-quarter revenue of 10.82 billion yuan, an increase of 8.0% year-on-year, with overseas sales reaching a record high.

Leapmotor (09863) announced its unaudited financial results for the first quarter of 2026. Revenue for the first quarter of 2026 amounted to RMB 10.82 billion, representing an 8.0% year-on-year increase. The revenue growth was primarily driven by higher deliveries of vehicles and spare parts, partially offset by a decline in average selling prices due to changes in the mix of vehicle products.

Zhitong FinanceMay 15 18:17

Leapmotor's new high-end brand is ready to launch.

After navigating the volatility of the off-season, Leapmotor finally unveiled its hand. On May 15, 2026, Leapmotor reported its Q1 results, with sales growing by over 25% year-on-year, but revenue increasing only marginally by 8%. The gross margin adjusted by 5.5 percentage points to reach 9.4%. Amidst the slow sales season at the beginning of the year, Leapmotor was not spared, experiencing a pullback like many of its peers. During the earnings call that evening, CFO Li Tengfei confirmed that Q1 sales were impacted by industry seasonality, preventing full realization of economies of scale. While production capacity and component reserves increased compared to the same period last year, limited growth in Q1 sales due to seasonal factors resulted in lower capacity utilization.

wallstreetcnMay 16 16:56

Cailian Press Auto Morning Report [May 16]

①Stellantis Group and Dongfeng Group signed a strategic cooperation agreement. ②Leapmotor released its Q1 2026 financial report.

cls.cnMay 16 08:55

HKEX Announcements Highlights | Huazhu Group's Q1 Revenue Increased by Approximately 10% YoY; Man Wah Holdings' Revenue for the Last Fiscal Year Reached Nearly 17 Billion Yuan

① Huazhu Group's revenue in the first quarter increased by approximately 10% year-over-year. What is the scale of its operations? ② Man Wah Holdings reported nearly 17 billion yuan in revenue for the previous fiscal year. What is the status of its profitability?

cls.cnMay 15 20:41

Leapmotor Sees Q1 Net Loss Widen Despite Sales Growth

CnEVPostMay 15 18:44

Zhejiang Leapmotor Technology 1Q Gross Margin 9.4% >9863.HK

Dow JonesMay 15 18:18

Zhejiang Leapmotor Technology 1Q Rev Rose on Increase in Deliveries of Vehicles, Spare Parts >9863.HK

Dow JonesMay 15 18:16

Leapmotor's Q1 2026 earnings report shows revenue growth and leading sales among new energy vehicle startups.

Gelonghui, May 15 | Today, Leapmotor (9863.HK) released its Q1 2026 financial report. During this period, Leapmotor's global deliveries reached 110,155 units, including 40,901 units for overseas exports, leading among China's emerging electric vehicle makers; revenue hit RMB 10.82 billion, setting a record high for the same quarter. Recently, Leapmotor has shown strong performance in sales and product development: In April, Leapmotor’s global deliveries reached 71,387 units, breaking its monthly sales record; of which overseas exports amounted to 14,225 units, accounting for nearly 20%. Regarding new models, the Leapmotor A10 received over 40,000 pre-orders in its first month, with daily production capacity now exceeding.

Gelonghui FinanceMay 15 18:13

LEAPMOTOR: ANNOUNCEMENT ON THE UNAUDITED FINANCIAL RESULTS FOR THEFIRST QUARTER OF 2026

HKEXMay 15 18:05 · Announcements

Cui Dongshu: In April, manufacturers' sales growth remained relatively stable, while the automotive export market continued to strengthen.

On May 15, Cui Dongshu, Secretary General of the Passenger Car Association, published an article analyzing the trends in the automotive sub-market and the competitive performance of manufacturers in April 2026.

Zhitong FinanceMay 15 13:36

The China Academy of Information and Communications Technology (CAICT) has launched the AI terminal intelligence grading evaluation initiative.

The China Academy of Information and Communications Technology (CAICT) announced that the Ministry of Industry and Information Technology (MIIT), the State Administration for Market Regulation (SAMR), the Ministry of Commerce, and other departments have jointly released the national standard series 'Grading of Intelligence Levels for AI Terminals' (GB/Z 177-2026), which clearly defines the intelligence levels of AI terminals. CAICT is one of the principal drafting organizations for this series of standards and possesses comprehensive testing qualifications and technical capabilities in product areas such as smartphones, tablets, mini-computers, smart glasses, earphones, speakers, televisions, and automotive cockpits. The first round of compliance testing for the grading of AI terminal intelligence standards has now been initiated. Relevant enterprises are encouraged to actively participate in the testing process to collaboratively promote the implementation of these standards.

AASTOCKSMay 15 11:46

Zhitong HK Stock Investment Diary | May 15

Hong Kong Stock Investment Diary | May 15, 2026

Zhitong FinanceMay 15 00:00

A Climate Fix That Could Cut Your Water Bill -- WSJ

WSJMay 14 21:33

Top Automakers by China NEV Exports in April: BYD 130,042 Units, Chery 57,910

CnEVPostMay 14 11:28

Express News | Xiaomi, Tesla, BYD, and other companies announce price hikes

BreakingsMay 14 11:20

CSC Financial Auto Industry Mid-Term Investment Strategy 2026: Overseas Expansion Drives Earnings Alpha, AI Empowers New Growth Beta

The expected pressure on domestic demand caused by the current policy rollback may have bottomed out. The overseas expansion of passenger and commercial vehicles demonstrates strong performance contribution, with Q1 results already fully reflecting this. Under high oil prices, the overseas expansion of new energy vehicles is expected to exceed forecasts.

Zhitong FinanceMay 14 08:05

Stocks in Hong Kong showed unusual movements as automotive stocks plummeted across the board, with Honda and Toyota's significant sales declines in China weighing down the sector.

Gelonghui, May 13 | All automobile stocks in the Hong Kong stock market fell today. APOLLO Mobility plummeted by 10%, Geely Auto dropped by 5.67%, Leapmotor and BYD fell nearly 3%, Chery Automobile and Seres declined over 2%, while XPeng Group, Great Wall Motor, and Li Auto also followed the downward trend. The decline in Hong Kong-listed automobile stocks today was mainly driven by three compounding factors: a significant drop in sales of joint venture automakers in China, mounting pressure on industry profits, and additional market concerns about specific companies like XPeng. Analysts noted that the sharp decline in April sales of two major Japanese joint ventures, Toyota and Honda, in the Chinese market represented the most direct fundamental negative factor, further exacerbating concerns about the overall automotive sector.

Gelonghui FinanceMay 13 10:45

China's Auto Sales Growth Could Recover -- Market Talk

WSJMay 13 10:29

Stellantis Stock Falls on China Concern. The Company Has a Plan for That. -- Barrons.com

Barron'sMay 11 19:51

CICC: The trend of new energy going global has been established, and the full-year export growth forecast for 2026 has been raised.

CICC recommends automakers with leading export scale and significant marginal changes.

Zhitong FinanceMay 11 16:37