XPENG-W (09868) announced that on December 18, 2025, it issued 1.8815 million Class A ordinary shares to fulfill restricted share units. The issuance was executed under the 2019 Equity Incentive Plan, adopted on June 28, 2020, and approved by shareholders on August 20, 2020, as well as the 2025 Share Incentive Plan, adopted on March 18, 2025, and approved by shareholders on June 27, 2025.
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