XPeng Inc. (XPENG-W) disclosed on 02 October 2026 that it has issued 250,000 new Class A ordinary shares to satisfy restricted share units (RSUs) granted under the 2025 Share Incentive Scheme adopted on 18 March 2025 and approved by shareholders on 27 June 2025.
Prior to the allotment, XPeng’s share capital comprised 1.57 billion Class A shares and 348.71 million Class B shares, for a total of 1.92 billion shares. The latest issue increases the Class A share count to 1.57 billion and the company’s aggregate issued share capital to 1.92 billion shares, representing a 0.01% expansion versus the previous total. No treasury shares were outstanding before or after the transaction, and there were no share repurchases or on-market sales of treasury stock during the period.
The new shares were issued at no consideration to the participants, reflecting the nature of the equity-settled compensation plan. All requisite board and regulatory approvals have been obtained, and the issuance complies with the Hong Kong Stock Exchange’s Main Board Rule 13.25A disclosure requirements.
The modest increase underscores XPeng’s ongoing use of share-based incentives to retain and motivate talent while minimally diluting existing shareholders. The company continues to operate under a weighted voting rights (WVR) structure, with Class B shares carrying enhanced voting power.
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