UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.2) *
XPeng Inc.
(Name of Issuer)
Class A Ordinary Shares, par value US$0.00001
per share
(Title of Class of Securities)
98422D105**
(CUSIP Number)
Jinwei Zhang
Alibaba Group Holding Limited
26/F, Tower One, Times Square
1 Matheson Street, Causeway Bay
Hong Kong
Telephone: +852 2215-5100
with copies to:
Peng Yu, Esq.
Kirkland & Ellis
26th Floor, Gloucester Tower
The Landmark
15 Queen’s Road Central, Hong Kong
(852) 3761 3300
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 15, 2023
(Date of Event which Requires Filing of this
Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7
for other parties to whom copies are to be sent.
| * | The
remainder of this cover page shall be filled out for a reporting person’s initial filing
on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page. |
| ** | This
CUSIP number applies to the Issuer’s American Depositary Shares, evidenced by American
Depositary Receipts, each representing two Class A Ordinary Shares of the Issuer. |
The information required on the remainder of this cover page shall
not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes)
| CUSIP No. 98422D105 |
Page 2 of 7 |
| 1. |
Names
of Reporting Persons.
Alibaba Group Holding Limited |
| 2. |
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) x |
| 3. |
SEC
Use Only |
| 4. |
Source
of Funds (See Instructions)
WC |
| 5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ |
| 6. |
Citizenship
or Place of Organization
Cayman Islands |
Number
of
Shares
Beneficially
Owned by
Each
Reporting
Person
With |
7. |
Sole
Voting Power
141,918,464 Class A Ordinary Shares1 |
| 8. |
Shared
Voting Power |
| 9. |
Sole
Dispositive Power
141,918,464 Class A Ordinary Shares |
| 10. |
Shared Dispositive Power |
| 11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
141,918,464 Class A Ordinary Shares |
| 12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ |
| 13. |
Percent
of Class Represented by Amount in Row (11)
9.2% of Class A Ordinary Shares2
(representing 7.5% of the total issued and outstanding ordinary shares of the Issuer)3 |
| 14. |
Type
of Reporting Person (See Instructions)
CO |
| |
|
|
|
1 The
Reporting Persons are deemed to beneficially own 141,918,464 Class A ordinary shares (“Class A Ordinary Shares”) based
on beneficial ownership of: (i) 6,650,000 American Depositary Shares (“ADSs”) representing a total of 13,300,000 Class
A Ordinary Shares and (ii) 128,618,464 Class A Ordinary Shares.
2 This
percentage is calculated based upon 1,536,647,573 total issued and outstanding Class A Ordinary Shares as reported in the Issuer’s
current report on Form 6-K furnished on December 6, 2023, excluding 9,052 Class A Ordinary Shares issued to the Issuer’s depository
bank for bulk issuance of ADSs and reserved for future issuance upon the exercise or vesting of awards granted under the Issuer’s
2019 Equity Incentive Plan as of December 6, 2023.
3 This
percentage is calculated based upon 1,885,355,830 total issued and outstanding ordinary shares of the Issuer as reported in the Issuer’s
current report on Form 6-K furnished on December 6, 2023, comprised of (i) 1,536,647,573 Class A Ordinary Shares and (ii) 348,708,257
Class B Ordinary Shares, par value US$0.00001 per share, of the Issuer (“Class B Ordinary Shares”).
| CUSIP No. 98422D105 |
Page 3 of 7 |
| 1. |
Names
of Reporting Persons.
Taobao China Holding Limited |
| 2. |
Check
the Appropriate Box if a Member of a Group (See Instructions)
(a) ¨ (b) x |
| 3. |
SEC
Use Only |
| 4. |
Source
of Funds (See Instructions)
WC |
| 5. |
Check
if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ |
| 6. |
Citizenship
or Place of Organization
Hong Kong |
Number
of
Shares
Beneficially
Owned by
Each
Reporting
Person
With |
7. |
Sole
Voting Power
141,918,464 Class A Ordinary Shares4 |
| 8. |
Shared
Voting Power
|
| 9. |
Sole
Dispositive Power
141,918,464 Class A Ordinary Shares |
| 10. |
Shared Dispositive Power |
| 11. |
Aggregate
Amount Beneficially Owned by Each Reporting Person
141,918,464 Class A Ordinary Shares |
| 12. |
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ |
| 13. |
Percent
of Class Represented by Amount in Row (11)
9.2% of Class A Ordinary Shares5
(representing 7.5% of the total issued and outstanding ordinary shares of the Issuer)6 |
| 14. |
Type
of Reporting Person (See Instructions)
CO |
| |
|
|
|
4 The
Reporting Persons are deemed to beneficially own 141,918,464 Class A Ordinary Shares based on beneficial ownership of: (i) 6,650,000 ADSs
representing a total of 13,300,000 Class A Ordinary Shares and (ii) 128,618,464 Class A Ordinary Shares.
5 This
percentage is calculated based upon 1,536,647,573 total issued and outstanding Class A Ordinary Shares as reported in the Issuer’s
current report on Form 6-K furnished on December 6, 2023, excluding 9,052 Class A Ordinary Shares issued to the Issuer’s depository
bank for bulk issuance of ADSs and reserved for future issuance upon the exercise or vesting of awards granted under the Issuer’s
2019 Equity Incentive Plan as of December 6, 2023.
6 This
percentage is calculated based upon 1,885,355,830 total issued and outstanding ordinary shares of the Issuer as reported in the Issuer’s
current report on Form 6-K furnished on December 6, 2023, comprised of (i) 1,536,647,573 Class A Ordinary Shares and (ii) 348,708,257
Class B Ordinary Shares.
The information set forth in response to each separate Item below
shall be deemed to be a response to all Items where such information is relevant.
This Amendment No. 2 to Schedule 13D (this “Amendment No.
2”) is filed to amend and supplement the Schedule 13D filed by the Reporting Persons named therein with the Securities and
Exchange Commission on September 7, 2020 (the “Original Schedule 13D”), with respect to XPeng Inc. (the “Issuer”),
as amended by Amendment No. 1 to the Original Schedule 13D filed on December 12, 2023 (collectively, the “Original Filing”).
Except as specifically amended and supplemented by this Amendment No. 2, the Original Filing remains in full force and effect. All capitalized
terms contained herein but not otherwise defined shall have the meaning ascribed to such terms in the Original Filing.
| Item 5. | Interest in Securities of the Issuer. |
The information set forth in Item 5 of the Original
Filing is amended as follows:
(a)-(b) The responses of each Reporting Person
to Rows (7) through (13) of the cover pages of this Amendment No.2 are hereby incorporated by reference into this Item 5 and are as of
the date hereof.
Except as disclosed in this Amendment No.2, none
of the Reporting Persons nor, to the best of their knowledge, any of the persons listed in Schedules A-1 or A-2 hereto, beneficially
owns any Class A Ordinary Shares or has the right to acquire any Class A Ordinary Shares.
Except as disclosed in this Amendment No.2, none
of the Reporting Persons presently has the power to vote or to direct the vote or to dispose or direct the disposition of any of the
Class A Ordinary Shares which it may be deemed to beneficially own.
(c) The table below specifies the date, amount
and price per ADSs for the Class A Ordinary Shares sold by the Reporting Persons during the 60-day period prior to December 19,
2023. The Reporting Persons effected sales of Class A Ordinary Shares in the form of ADSs through broker transaction on the New
York Stock Exchange under Rule 144 promulgated pursuant to the Securities Act of 1933, as amended.
| Trade Date |
Amount
of Securities |
Price
per ADS |
| December 15, 2023 |
25,000,000 ADSs (representing
50,000,000 Class A Ordinary Shares) |
$14.18 |
(d) To the best knowledge of the Reporting Persons,
no person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the securities beneficially owned by the Reporting Persons identified in this Item 5.
(e) Not applicable.
Signatures
After reasonable inquiry and to the best of their knowledge and belief,
the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: December 19, 2023
| |
Alibaba Group Holding Limited |
| |
|
| |
By: |
/s/ Jinwei Zhang |
| |
|
Name: Jinwei Zhang |
| |
|
Title: Authorized Signatory |
| |
|
| |
Taobao China Holding Limited |
| |
|
| |
By: |
/s/ Lei Jin |
| |
|
Name: Lei Jin |
| |
|
Title: Authorized Signatory |
| |
|
SCHEDULE A-1
Directors and Executive Officers of Alibaba
Group Holding Limited
The following table sets forth the name, citizenship, business address
and present principal occupation of each director and executive officer of Alibaba Group Holding Limited, an exempted company incorporated
under the laws of the Cayman Islands (“AGHL”).
| Name
and Citizenship |
Present
Principal Occupation |
| Directors7 |
| Joseph C. TSAI, Canada |
Chairman of AGHL |
Eddie Yongming
WU, Singapore
c/o 969 West Wen Yi Road
Yu Hang District, Hangzhou 311121
People’s Republic of China |
Director and Chief Executive Officer of AGHL |
| J. Michael EVANS, Canada |
Director and President of AGHL |
| Maggie Wei WU, People’s Republic of China |
Director of AGHL |
| Jerry YANG, United States of America |
Independent Director of AGHL; Founding Partner of AME Cloud Ventures |
| Wan Ling MARTELLO, United States of America |
Independent Director of AGHL; Co-founder and Partner of BayPine |
| Weijian SHAN, People’s Republic of China |
Independent Director of AGHL; Executive Chairman and Founder of
PAG |
| Irene Yun-Lien LEE, People’s Republic of China |
Independent Director of AGHL; Executive Chairman of Hysan Development
Limited |
| Albert Kong Ping NG, People’s Republic of China |
Independent Director of AGHL |
| Kabir MISRA, United States of America |
Independent Director of AGHL; Managing Partner at RPS Ventures |
| Executive Officers8 |
| Toby Hong XU, People’s Republic of China |
Chief Financial Officer of AGHL |
| Jane Fang JIANG, People’s Republic of China |
Chief People Officer of AGHL |
| Zeming WU, People’s Republic of China |
Chief Technology Officer of AGHL |
| Sara Siying YU, People’s Republic of China |
General Counsel of AGHL |
| Trudy Shan DAI, Singapore |
Chief Executive Officer of Taobao and Tmall Group of AGHL |
| Yongfu YU, Cyprus |
Chief Executive Officer of Local Services Group of AGHL |
| Fan JIANG, People’s Republic of China |
Chief Executive Officer of Alibaba International Digital Commerce
Group of AGHL |
| Lin WAN, People’s Republic of China |
Chief Executive Officer of Cainiao Smart Logistics Network Limited |
| Luyuan FAN, People’s Republic of China |
Chief Executive Officer of Digital Media and Entertainment Group
of AGHL |
7
Unless otherwise noted, the business address for each director listed is 26/F, Tower One, Times Square, 1 Matheson Street,
Causeway Bay, Hong Kong.
8
Unless otherwise noted, the business address for each executive officer listed is c/o 969 West Wen Yi Road, Yu Hang District,
Hangzhou 311121, People’s Republic of China.
SCHEDULE A-2
Directors and Executive Officers of Taobao
China Holding Limited
The following table sets
forth the names and present principal occupation of each director of Taobao China Holding Limited, a company organized under the laws
of Hong Kong (“TCHL”). The business address for each person listed below is 26/F, Tower One, Times Square, 1 Matheson
Street, Causeway Bay, Hong Kong. TCHL does not have any executive officers. As used below, the term “AGHL” refers
to Alibaba Group Holding Limited, an exempted company incorporated under the laws of the Cayman Islands.
| Name/Citizenship |
Present
Principal Occupation |
| Jinwei ZHANG, People’s Republic of
China |
Company Secretary of AGHL |
| Yik Lam LEE, People’s Republic of
China |
Director of Finance of AGHL |
| Yuehong QIN, People’s Republic of China |
Vice President, Corporate Finance of AGHL |
Alibaba (PK) (USOTC:BABAF)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Alibaba (PK) (USOTC:BABAF)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024
