Company: LI
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001410578-25-000678
Chunk: 223

Company: Li Auto Inc.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 10
Chunk 223
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 shareholders with the Registrar of Companies;  

  is not required to open its register of members for inspection;  

  does not have to hold an annual general meeting;  

  may issue negotiable or bearer shares or shares with no par value;  
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  may obtain an undertaking against the imposition of any future taxation (such undertakings are usually given for 20 years in the first instance);  
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  may register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands;  
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  may register as a limited duration company; and  
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  may register as a segregated portfolio company.  
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“ Limited liability” means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

  Material Contracts  

Other than in the ordinary course of business and other than those described under this item, in “ Item 4. Information on the Company,” “ Item 7. Major Shareholders and Related Party Transactions - B. Related Party Transactions,” or elsewhere in this annual report, we have not entered into any material contract during the two years immediately preceding the date of this annual report.

  Exchange Controls  
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The Cayman Islands currently has no exchange control restrictions. See also “ Item 4. Information on the Company - B. Business Overview - Regulation - Regulations on Foreign Exchange.”

Table of Contents

  Taxation  

Cayman Islands Taxation

The Cayman Islands currently levies no taxes on individuals or corporations based upon profits, income, gains, or appreciation and there is no taxation in the nature of inheritance tax or estate duty. There are no other taxes likely to be material to us levied by the government of the Cayman Islands except for stamp duties, which may be applicable on instruments executed in, or, after execution, brought within the jurisdiction of the Cayman Islands. Payments of dividends and capital in respect of our ADSs or ordinary shares will not be subject to taxation in the