Li Auto Inc. granted 10,789,040 restricted share units (RSUs) to 1,053 employees under its 2019 Plan.
This allocation represents approximately 0.50% of the company’s total outstanding shares.
The vesting of these RSUs is contingent upon the successful achievement of specific performance targets.
Li Auto intends the initiative to align employee interests with long-term company goals. By linking compensation to performance, the company aims to bolster commitment and retain talent. This strategic move enhances Li Auto's competitive position within the electric vehicle market and incentivizes contributions to future growth.