Li Auto Responds to Meituan CEO's Reduction of Company Shares: It's a Personal Action, Not Involving Meituan's Shareholding

Published: Jun 17, 2025 17:36

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[Li Auto responds to Meituan CEO's reduction of company shares: It is a personal action and does not involve Meituan's shareholding] According to the equity disclosure information from the Hong Kong Stock Exchange, from June 10 to June 13, the Meituan CEO reduced his shareholding in Li Auto by a cumulative 5.737 million shares, cashing out over 600 million Hong Kong dollars. His shareholding ratio decreased from 20.94% to 20.61%. In response, Li Auto stated to reporters: "Recently, shares were sold during the window period, and the specific number of shares is subject to the DI form (referring to the disclosure of interests form) filed. This stock transaction was a personal action, accounting for a small portion of his total shareholding, and does not involve Meituan's shareholding. The specific shareholding information will be subject to the company's annual report after it is issued.

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