On May 7, Ideal Auto issued a response to market rumors, clarifying that the purported pre-tax salary of its founder, chairman, and CEO, Li Xiang, for the year 2024 does not amount to the 639 million yuan circulated online. These rumors have garnered significant public attention. According to the company's annual report, Li Xiang's remuneration comprises three primary components: base salary, allowances and benefits in kind, pension plan contributions, and share-based compensation expenses. Specifically, these amount to 2.665 million yuan, 160,000 yuan, and 636 million yuan, respectively. Consequently, the figure of 639 million yuan as a total salary is inaccurate.
