Summary by Moomoo AI
Xiao Peng Motor Co., Ltd. filed with Hong Kong Trading and Settlement Limited on 5 January 2024 with Hong Kong Trading and Settlement Limited its Monthly Report of Changes in Shares for the year ended 31 December 2023. The report showed that the Company's Class A ordinary shares were 1,442,577,370 shares outstanding at the end of the month, an increase of 95,531,639 shares and 1,538,109,009 shares outstanding at the end of the month. Class B ordinary shares were unchanged and deposits remained at 348,708,257 shares. The increase in Class A ordinary shares this month was mainly due to the exercise of restricted share units granted under the Equity Incentive Scheme in 2019 and the issuance of new shares related to the share purchase agreement of Volkswagen Finance Luxemburg S.A. The report also confirms that all newly issued securities have been approved by the Board of Directors and comply with the relevant requirements of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.