Summary by Moomoo AI
On August 13, 2024, Xpeng announced that it has completed the SOP delivery of the smart car development assets acquired from DiDi Global Inc. and issued 4,636,447 Class A ordinary shares as consideration shares. This delivery marks the beginning of mass production of the Xpeng vehicle Mona, which was sold and delivered to ordinary customers on July 30, 2024. The first batch of Xpeng MONA M03 display cars also arrived at national showrooms on August 1. After the completion of the share purchase agreement, Didi's shareholding in Xpeng increased from 3.07% to 3.31%, while the shareholding of other shareholders slightly decreased. The company's share capital structure has been adjusted after this delivery, with the total number of Class A ordinary shares increasing to 1,548,434,892, the number of Class B ordinary shares remaining at 348,708,257, and the total share capital being 1,897,143,149 shares. The board of directors includes executive director Mr. He Xiaopeng, non-executive director Mr. Fu Jixun, and independent non-executive directors Mr. Yang Donghao, Ms. Qu Fang, and Mr. Zhang Hongjiang.
