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XPeng Inc. — Regulatory Filings 2021
Aug 18, 2021
51145_rns_2021-08-18_f147d436-bb13-4712-ba90-f4cee6687190.pdf
Regulatory Filings
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
XPeng Inc. 小鵬汽車有限公司*
(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
(Stock Code: 9868)
VOLUNTARY ANNOUNCEMENT
XPENG SIGNED AGREEMENT FOR ZHAOQING SMART EV MANUFACTURING BASE PHASE TWO EXPANSION PROJECT
The board of directors of XPeng Inc. (“ XPeng ” or the “ Company ”) announces that, on 18 August 2021, Guangzhou Chengxing Zhidong Automotive Technology Co., Ltd* (廣州橙行智動汽車科 技有限公司), a wholly-owned subsidiary of the Company, signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to build the Phase Two expansion project of the XPeng Zhaoqing Smart EV Manufacturing Base (the “ Zhaoqing Base ”) located in Guangdong Province, the PRC.
On the same date, the Company officially kicked off the Phase Two expansion project at a signing ceremony co-hosted with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone.
Upon completion, the Phase Two expansion project will increase the design production capacity at the Zhaoqing Base from 100,000 units to 200,000 units per annum with the financial and land use support from the local government. The expansion will position XPeng well in capturing the anticipated increasing consumer demand for its smart EVs.
Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.
By order of the Board XPeng Inc. Xiaopeng He Chairman
Hong Kong, Wednesday, 18 August 2021
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This announcement contains forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies, expansion plans, future business development, financial condition and results of operations; the trends in, and size of, China’s EV market; the Company’s expectations regarding demand for, and market acceptance of, its products and services, its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.
As at the date of this announcement, the board of directors of the Company comprises Mr. Xiaopeng He and Mr. Heng Xia as executive Directors, Mr. Jun Chen, Mr. Qin Liu, Mr. Ji-Xun Foo and Mr. Fei Yang as non-executive Directors, and Mr. Donghao Yang, Ms. Fang Qu and Mr. HongJiang Zhang as independent non-executive Directors.
- For identification purpose only
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