On the evening of November 4, 2025, amid rumors that FAW Group was set to acquire equity stakes in Leapmotor and emerge as its largest shareholder, Leapmotor issued an official statement refuting the claims. Earlier reports had suggested that FAW Group would incrementally purchase stakes in Leapmotor through a private placement, with an official announcement expected on November 17. However, Leapmotor has categorically denied these assertions.

In March of the same year, FAW Group and Leapmotor signed a Memorandum of Understanding on Strategic Cooperation. According to this agreement, the two entities would engage in technical collaboration for the joint development of new energy passenger vehicles and components. Additionally, they planned to assess the feasibility of capital cooperation. In August, speculation arose that FAW Group was intending to acquire a 10% stake in Leapmotor, but both companies swiftly dismissed these rumors.

Data indicates that as of June 30, 2025, the founder group of Leapmotor and its concerted parties held 25.8% of the equity, while Stellantis Group possessed a 21.26% stake. In October 2025, Leapmotor's monthly sales surpassed 70,000 vehicles, securing its position as the sales leader among emerging automakers for eight consecutive months. Moreover, the company achieved a positive net profit for the first half of the year.