Li Auto Inc. Announces Equity Compensation Grants Under 2019 and 2020 Plans

Li Auto Inc., a Chinese electric vehicle manufacturer, filed a Form 6-K with the SEC in June 2026 announcing equity compensation grants to employees. The filing discloses the grant of stock options under the company's 2020 Equity Incentive Plan and restricted share units under the 2019 Equity Incentive Plan. This type of equity compensation is commonly used to attract, retain, and motivate key employees by providing them with ownership stakes in the company. The filing was signed by Tie Li, Director and Chief Financial Officer of Li Auto, indicating the grants were approved at the executive level. The company is based in Beijing, China and files annual reports on Form 20-F. Equity compensation grants are routine corporate governance actions for public companies, though they can impact shareholder dilution and executive compensation metrics.