On August 26th, Xiaopeng Motors announced that its Chairman and CEO, He Xiaopeng, has purchased a total of 1 million Class A ordinary shares of the company on the public market from August 21st to August 23rd, 2024, with an average price of HKD 27.13, approximately HKD 27 million. The company has also purchased approximately 1.4199 million American depositary shares, with an average price of USD 7.02 per share, equivalent to approximately USD 9.97 million. The total increase in holdings this time is approximately HKD 107 million. At the same time, the announcement also pointed out that He Xiaopeng plans to continue increasing his stake in Xiaopeng Motors at an appropriate time in the future.
On August 20th, Xiaopeng Motors released its interim performance report. The report shows that in the first half of the year, Xiaopeng Motors' total revenue was RMB 14.66 billion, a year-on-year increase of 61.2%. In the first half of the year, Xiaopeng Motors' gross profit margin was 13.5%, compared to a negative 1.4% as of the first half of 2023.
As of June 30, 2024, Xiaopeng Motors' cash and cash equivalents, restricted cash, short-term investments, and term deposits amounted to RMB 37.33 billion.
Looking ahead to the next quarter, Xiaopeng Motors expects the total delivery volume of automobiles to be between 41000 and 45000 units, an increase of 2.5% to 12.5% year-on-year; The total revenue will range from RMB 9.1 billion to RMB 9.8 billion, an increase of 6.7% to 14.9% year-on-year.
Text and pictures/Guangzhou Daily Xinhua City Reporter: Zhou Weili