Summary by Futu AI
On August 13, 2024, Xpeng announced that it had completed the delivery of SOP for the acquisition of Didi Global Inc.'s smart automobile development business assets and issued 4,636,447 Class A common shares as consideration shares. This delivery marks the start of mass production of the company's 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 common shares increased to 1,548,434,892 shares, and the number of Class B common shares remaining at 348,708,257 shares, for a total share capital of 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.