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Li Auto Clarifies Misreported Annual Salary of Li Xiang: Actual Pay is RMB 2.66 Million
2025-05-07 /
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Author：小编
Li Xiang, the Chairman of Li Auto, was incorrectly reported to have received an annual salary of RMB 639 million in 2024. However, the actual figure is significantly lower at RMB 2.66 million. The amount of RMB 639 million refers to the option expense calculated under U.S. Generally Accepted Accounting Principles (GAAP). For Li Xiang to exercise his 18 million stock options, he must meet sales targets and incur a cost of USD 29.26 per American Depositary Share (ADS). Based on the current share price, exercising these options would entail an additional investment of approximately RMB 230 million.
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