Zhejiang Leapmotor Technology's (HKG:9863) chairman and CEO Zhu Jiangming and shareholder Fu Liquan acquired a little over 4.8 million Hong Kong-listed shares in the company, according to a Thursday Hong Kong bourse filing.
The shares were purchased from the market at an average of HK$35.86 apiece.
The two parties now hold 227.6 million, or 25.05%, shares in the automaker.