Guangzhou, China, February 09, 2022 -- XPENG Inc. (“XPENG” or the “Company,” NYSE: XPEV, HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that the Company’s Ordinary Shares, which trade on The Stock Exchange of Hong Kong Limited (“HKEX”), are included in the Shenzhen-Hong Kong Stock Connect programs, effective on February 09, 2022, according to the announcement issued by the Shenzhen Stock Exchange. (https://www.szse.cn/disclosure/notice/t20220209_591165.html)

Under the Stock Connect programs, qualified Mainland Chinese investors can access eligible Hong Kong shares (Southbound), subject to specified daily quotas.

“We are pleased to be included in the Stock Connect programs, which enable qualified Mainland Chinese investors to have direct access to our shares through the Stock Exchanges in the Mainland. The inclusion will not only further expand and diversify our investor base but also provide the opportunity for our customers, partners and EV and technology investors in China to participate in our exciting growth story,” said Brian Gu, Vice Chairman and President of the Company.

XPENG’s inclusion in the Stock Connect programs marks another important milestone for the Company. It is the first smart EV companies listed in Hong Kong to be included in the Stock Connect program. It was also the first smart EV company to achieve a dual-primary listing status on both the New York Stock Exchange and the Hong Kong Stock Exchange.

Hang Seng Indexes Company Limited announced on 8 July 2021 that XPENG meets the Fast Entry Rule of various indexes, and would be included as a constituent of several indexes, including the Hang Seng Composite Industry Index, the Hang Seng Composite LargeCap Index and the Hang Seng Consumer Goods & Services Index from 21 July 2021. Inclusion in the Hang Seng Composite Index is a key requirement for the Stock Connect scheme.

The Company’s shares, began trading on the Main Board of the HKEX on July 7, 2021, are fully fungible with the Company’s American Depositary Shares on the New York Stock Exchange (NYSE).