Welcome to our dedicated page for XPENG SEC filings (Ticker: XPNGF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
XPeng Inc. filings document foreign private issuer reporting for a Cayman-incorporated Smart EV and NEV company controlled through weighted voting rights. Form 6-K reports include vehicle delivery releases, product and manufacturing updates, and governance disclosures connected to the company’s NYSE-listed ADSs, Hong Kong-listed shares, and Class A ordinary share structure.
The filing record also covers annual general meeting notices, proxy statement and circular materials, ADS voting cards, audited financial statement adoption, director election and remuneration items, memorandum and articles of association matters, and restricted share unit grants under the 2025 Share Incentive Scheme.
XPeng Inc. has proposed amendments to its ninth amended and restated memorandum and articles of association and plans to adopt a tenth amended and restated version. The changes aim to align with Hong Kong Listing Rules, including Core Shareholder Protection Standards for virtual general meetings and electronic voting, and the Corporate Governance Code on nomination committee terms of reference, as well as other housekeeping updates.
The amendments and adoption of the new memorandum and articles will be put to shareholders for approval by special resolution at the forthcoming annual general meeting, with a proxy statement/circular and AGM notice to be sent to shareholders.
XPeng Inc. granted 2,256,962 restricted share units (RSUs), equal to the same number of new Class A ordinary shares, to 69 employees under its 2025 Share Incentive Scheme. These shares represent about 0.12% of total issued shares both before and after the grant.
The RSUs are granted at nil purchase price and vest mainly between 2026 and 2030 based on continued service, with several detailed vesting schedules. Vesting is not tied to performance targets, but the plan includes clawback mechanisms for misconduct, confidentiality or non-compete breaches, reputational harm, or issues with performance-linked awards.
The Hong Kong Stock Exchange has approved listing of shares issuable under the scheme, and XPeng states that no financial assistance was provided to grantees to acquire shares. After this grant, 153,106,913 Class A ordinary shares remain available for future awards under the main scheme limit and 9,531,047 under the service provider sublimit.
XPeng Inc., a China-based smart electric vehicle maker, files its annual report detailing rapid growth, ongoing losses and extensive China-related risks. Revenue rose from RMB30,676.1 million in 2023 to RMB40,866.3 million in 2024 and further to RMB76,719.7 million in 2025, as vehicle deliveries climbed to 429,445 units. Net losses narrowed from RMB10,375.8 million in 2023 to RMB1,139.5 million in 2025, but the company remains loss-making and capital intensive.
The report highlights XPeng’s dependence on operations in China, variable interest entity (VIE) structures for restricted businesses, heavy R&D spending on ADAS and smart systems, exposure to semiconductor shortages, and reliance on EV subsidies and favorable policies. It also discusses HFCA Act audit risks, restrictions on fund transfers from PRC subsidiaries, the need for continued external financing, and execution risks around new plants in Guangzhou and Wuhan and strategic collaborations with DiDi and Volkswagen.
XPENG INC. President Wang Fengying exercised restricted share units to acquire 600,000 Class A ordinary shares on April 1, 2026, increasing her direct holdings to 1,650,000 shares. These shares were issued at a nil purchase price upon vesting under the company's 2019 Equity Incentive Plan.
The award originally covered 2,400,000 RSUs granted on March 24, 2023 and vests in four equal annual installments of 600,000 units each, starting April 1, 2023. Following the April 1, 2026 vesting, 600,000 RSUs from this grant remain scheduled to vest on April 1, 2027, subject to continued service and individual performance targets.
XPENG Inc. reported strong operational momentum, delivering 27,415 vehicles in March 2026, an 80% increase over the prior month. For the first quarter of 2026, the company delivered 62,682 vehicles, underscoring growing demand for its smart electric vehicles.
The company also advanced its global strategy by introducing a three-year plan for Latin America and officially entering the Mexican market on March 25, 2026. XPENG plans to launch both pure electric and range-extended electric models in 2027 and is targeting a leading position in the region by 2028 as part of its broader international expansion.
XPeng Inc. reported strong growth for the fourth quarter and full year 2025, moving into profitability in Q4 while sharply narrowing annual losses. Q4 revenue reached RMB22.25 billion, up 38.2% year over year, with vehicle sales of RMB19.07 billion and total deliveries of 116,249 units.
Q4 gross margin improved to 21.3% and vehicle margin to 13.0%, driving a net profit of RMB0.38 billion versus losses in 2024 and the prior quarter. Non-GAAP net profit was RMB0.51 billion. For 2025, XPeng delivered 429,445 vehicles, a 125.9% increase, and lifted revenue to RMB76.72 billion, up 87.7%.
Full-year gross margin rose to 18.9% from 14.3%, while net loss narrowed to RMB1.14 billion from RMB5.79 billion, and non-GAAP net loss to RMB0.46 billion. The company continued heavy investment, with R&D at RMB9.49 billion and SG&A at RMB9.40 billion. Year-end cash and equivalents plus deposits totaled a cash position of RMB47.66 billion, and gearing ratio was 41.8%.
XPENG INC. director Yang Donghao filed an initial ownership report showing both direct shares and equity awards. He holds 9,072 Class A ordinary shares directly and has 27,216 Restricted Share Units (RSUs) granted under the 2019 Equity Incentive Plan, with a nil purchase price upon vesting.
According to the grant terms, the RSUs vest in three equal annual installments starting on July 12, 2024. One-third, or 9,072 RSUs, vested on July 12, 2025, and the remaining 18,144 RSUs are scheduled to vest in two equal annual installments on July 12, 2026 and July 12, 2027, subject to his continued service.
XPENG INC. Chairman & CEO He Xiaopeng filed an initial statement of beneficial ownership, detailing his equity interests in the company.
He holds 28,506,786 Restricted Share Units that can settle into the same number of Class A ordinary shares at nil purchase price, subject to performance and service conditions. The RSUs vest in three equal tranches if the 30‑day average closing price of the ordinary shares first reaches or exceeds HK$250, HK$500 and HK$750, respectively, before March 18, 2035, with continued employment required; any unvested RSUs lapse after that date.
The filing also lists direct holdings of Class A ordinary shares, indirect Class A and Class B ordinary share positions through Galaxy Dynasty Limited, Simplicity Holding Limited and Respect Holding Limited, and American Depositary Shares held through Simplicity Holding Limited and Galaxy Dynasty Limited. Each American Depositary Share represents two Class A ordinary shares.
XPENG INC. President Wang Fengying filed an initial ownership report showing both share and equity award positions. She directly holds 1,050,000 Class A ordinary shares and has 1,200,000 Restricted Share Units (RSUs) outstanding, each RSU representing one Class A ordinary share at a nil purchase price upon vesting.
The footnote explains she was granted 2,400,000 RSUs under the 2019 Equity Incentive Plan on March 24, 2023. These RSUs vest in four equal annual installments starting from April 1, 2023. A total of 1,200,000 RSUs vested in two equal installments on April 1, 2024 and April 1, 2025, and the remaining 1,200,000 RSUs are scheduled to vest in two equal annual installments on April 1, 2026 and April 1, 2027, subject to continued service and performance targets.
XPENG INC. vice president of finance and accounting, Wu Jiaming, filed an initial ownership report showing his equity position in the company. He directly holds 81,116 Class A ordinary shares and has 87,116 Restricted Share Units (RSUs) outstanding, each RSU convertible into one Class A share at no purchase price.
The footnote explains that 174,232 RSUs were granted on July 14, 2023 under the 2019 Equity Incentive Plan. These vest in four equal annual installments starting July 1, 2023. Two installments totaling 87,116 RSUs vested on July 1, 2024 and July 1, 2025, with the remaining 87,116 scheduled to vest on July 1, 2026 and July 1, 2027, subject to continued service and individual performance targets.