Leapmotor increased its capital and shares, with registered capital increased to 1.407 billion

Zhejiang Leapmotor Technology Co., Ltd. recently changed its business registration, increasing its registered capital from approximately RMB 1.337 billion to approximately RMB 1.407 billion, an increase of 5.25%. This capital increase may be the result of Leapmotor's business development and market situation, which will help its investment in technology research and development and market promotion.