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According to AI News, on August 26th, Xiaopeng Motors announced on the Hong Kong Stock Exchange that its controlling shareholder, He Xiaopeng, has purchased a total of 1000000 Class A ordinary shares of the company on the public market from August 21, 2024 to August 23, 2024, at an average price of HKD 27.13 per Class A ordinary share, and has purchased a total of 1419922 American depositary shares of the company through Galaxy Dynasty Limited, which is wholly owned by him, at an average price of USD 7.02 per American depositary share. He Xiaopeng also informed our company that, subject to compliance with applicable laws and regulatory requirements, he plans to further increase his shareholding in our company.
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