Summary by Futu AI
XPeng Inc., a leading Chinese electric vehicle manufacturer, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on September 13, 2024, for the issuance of an additional 20 million Class A ordinary shares under its Second Amended and Restated 2019 Equity Incentive Plan. This move follows the previous registration of 23 million Class A ordinary shares for the same plan. The newly registered shares are of the same class as those previously filed on December 29, 2020, and June 21, 2022. The company's filings, including its annual report for the fiscal year ended December 31, 2023, and other relevant documents, are incorporated by reference into this registration statement. XPeng's memorandum and articles of association provide indemnification for its directors and officers against certain liabilities, except in cases of fraud or dishonesty. The company has also agreed to indemnify the administrators of the 2019 Plan against certain liabilities.