Zero Run Auto (09863) Chairman Zhu Jiangming and company shareholder Fu Liquan collectively increased their holdings of 4.8142 million shares of the company's H shares.

Sina Finance News, Lingpao Motors (09863) announced that, based on strong confidence in the future development of the company, to promote the company's sustainable, stable, and healthy development, and to protect the interests of the general public investors, recently the company's shareholders, Chairman and CEO Zhu Jiangming, and shareholder Fu Liquan collectively purchased 4.8142 million H shares of the company in the market (this increase), at an average price of approximately HK$35.86 per share.