Xpeng-W (09868.HK) announced that it started producing mass-produced vehicles Mona for sale and delivery to ordinary customers on July 30, 2024, and the SOP milestone under the share purchase agreement has been achieved. Starting from August 1, 2024, the first batch of Xpeng MONA M03 pure electric coupes has been successively delivered to Xpeng automobile showrooms across the country. Accordingly, SOP delivery occurred on August 13, 2024.
According to the share purchase agreement, the company has issued and issued 4,636,447 Class A common shares to Didi as the SOP consideration shares, accounting for approximately 0.24% of the company's issued and outstanding share capital after the issuance and issuance of SOP consideration shares.