On June 8, Leapmotor declined 3.92% in regular trading, trading at 40.3 HKD/share, with trading volume of approximately 64.3 million HKD.

The decline was driven by continued market concerns over the company's profitability under its volume-driven pricing strategy, compounded by broad weakness across the auto manufacturing sector. Leapmotor's Q1 comprehensive gross margin fell to just 9.4%, down 5.5 percentage points year-over-year, while net losses reached RMB 390 million. Although May deliveries hit a record 81,500 units, cumulative deliveries of 263,000 units through the first five months represent only about 26% of the full-year one-million-unit target, implying monthly deliveries exceeding 100,000 units are needed in the second half.

The broader Automobile Manufacturers sector was under pressure, with BYD Company down 2.84%, XPeng down 3.38%, Li Auto down 1.50%, Geely Auto down 2.61%, and NIO down 1.73%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)