Summary by Futu AI
According to the latest monthly security change report submitted by xpeng on July 31, 2024, the number of Class A common shares of the company remained unchanged in July, with a balance of 9,250,000,000 shares, while the number of Class B common shares also remained at 750,000,000 shares. The report pointed out that the issued shares of Class A common shares increased by 293,558 shares to 1,543,803,785 shares. This is because the restricted stock units granted under the stock-based incentive plan in 2019 expired in July 2024 due to employee departure, and the issuance of new Class A common shares. The issued shares of Class B common shares did not change and remained at 348,708,257 shares. The corporate secretary Zheng Yeqing confirmed that all securities issuances have been approved by the board of directors and comply with all applicable listing rules, laws, and other regulatory requirements.