Leapmotor Founder Zhu Jiangming Addresses Being 'Barred from High - Spending'
2 day ago / Read about 0 minute
Author:小编   

Media reports have revealed that Leapmotor faced compulsory enforcement measures owing to a business dispute. Subsequently, its founder and chairman, Zhu Jiangming, posted on his WeChat Moments that the three - day 'bar on high - spending' had been lifted.

This incident not only shed light on the team's deficiencies, emphasizing the urgent need for further capacity building, but also bolstered his confidence in Leapmotor. He remarked that running a business is no walk in the park and necessitates oversight and support from all walks of society.

As per the China Enforcement Information Publicity Network, on September 25, the People's Court of Baiyun District in Guangzhou City designated Zhejiang Leapmotor Technology Co., Ltd. and its wholly - owned subsidiary, Lingpao Automotive Trading Co., Ltd., as entities subject to enforcement for dishonesty. Consequently, Zhu Jiangming was barred from high - spending activities.