Summary by Futu AI
XIAO PENG MOTOR CO., LTD. DISCLOSED CHANGES IN ITS ISSUED SHARE CAPITAL ON 10 APRIL 2024 IN ACCORDANCE WITH THE RULES FOR LISTING SECURITIES OF THE HONG KONG STOCK EXCHANGE LIMITED. The company issued 650,000 shares of Class A Ordinary Shares, representing 0.03% of the shares issued prior to its issuance, to meet the limited share unit requirements under the Equity Incentive Scheme in 2019. The issue price of this share is HKD 0 per share, representing a discount of 100% compared to the closing price of HKD 29.85 on the previous business day. After the issue, the total number of issued shares of the company increased to 1,540,864,035 shares. The Company confirms that all relevant legal and regulatory procedures have been followed and that the issuer's Board of Directors has formally authorized the issuance of shares.