Summary by Futu AI
XPeng Inc. affiliate GGV (XPENG) LTD is set to sell 800,515 ADS (American Depositary Shares) on 08/23/2024, with an aggregate market value of $5,633,224.06. The shares were acquired in two separate private transactions from the issuer on 03/19/2018 and 12/26/2018, totaling 800,515 ADS for which cash was paid. Over the past three months, GGV (XPENG) LTD has sold 1,302,389 ADS, generating gross proceeds of $9,613,336.75. The upcoming sale represents a continuation of the affiliate's divestment strategy.