6-K - LI - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number: 001-39407

Li Auto Inc.

(Registrant’s Name)

11 Wenliang Street

Shunyi District, Beijing 101399

People’s Republic of China

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

EXPLANATORY NOTE

We submitted a monthly return form dated January 7, 2026 with The Stock Exchange of Hong Kong Limited in relation to the movements in our authorized share capital and issued shares in December 2025. For details, please refer to Exhibit 99.1 to this current report on Form 6-K.

EXHIBIT INDEX

Exhibit No.	Description
99.1	Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Li Auto Inc.
By		/s/ Tie Li
Name	:	Tie Li
Title	:	Director and Chief Financial Officer

Date: January 7, 2026

Exhibit 99.1

FF301<br>Page 1 of 10 v 1.1.1<br>Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in<br>Securities<br>For the month ended: 31 December 2025 Status: New Submission<br>To : Hong Kong Exchanges and Clearing Limited<br>Name of Issuer: Li Auto Inc.<br>Date Submitted: 07 January 2026<br>I. Movements in Authorised / Registered Share Capital<br>1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes<br>Stock code (if listed) 02015 Description<br>Number of authorised/registered shares Par value Authorised/registered share capital<br>Balance at close of preceding month 4,500,000,000 USD 0.0001 USD 450,000<br>Increase / decrease (-) USD<br>Balance at close of the month 4,500,000,000 USD 0.0001 USD 450,000<br>2. Class of shares WVR ordinary shares Type of shares B Listed on the Exchange (Note 1) No<br>Stock code (if listed) N/A Description<br>Number of authorised/registered shares Par value Authorised/registered share capital<br>Balance at close of preceding month 500,000,000 USD 0.0001 USD 50,000<br>Increase / decrease (-) USD<br>Balance at close of the month 500,000,000 USD 0.0001 USD 50,000<br>Total authorised/registered share capital at the end of the month: USD 500,000
FF301<br>Page 2 of 10 v 1.1.1<br>II. Movements in Issued Shares and/or Treasury Shares<br>1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes<br>Stock code (if listed) 02015 Description<br>Number of issued shares<br>(excluding treasury shares) Number of treasury shares Total number of issued shares<br>Balance at close of preceding month 1,785,070,188 0 1,785,070,188<br>Increase / decrease (-) 0 0<br>Balance at close of the month 1,785,070,188 0 1,785,070,188<br>2. Class of shares WVR ordinary shares Type of shares B Listed on the Exchange (Note 1) No<br>Stock code (if listed) N/A Description<br>Number of issued shares<br>(excluding treasury shares) Number of treasury shares Total number of issued shares<br>Balance at close of preceding month 355,812,080 0 355,812,080<br>Increase / decrease (-) 0 0<br>Balance at close of the month 355,812,080 0 355,812,080
---
FF301<br>Page 3 of 10 v 1.1.1<br>III. Details of Movements in Issued Shares and/or Treasury Shares<br>(A). Share Options (under Share Option Schemes of the Issuer)<br>1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes<br>Stock code (if listed) 02015 Description<br>Particulars of share option scheme<br>Number of share<br>options outstanding at<br>close of preceding<br>month<br>Movement during the month<br>Number of share<br>options outstanding at<br>close of the month<br>Number of new shares<br>issued during the month<br>pursuant thereto (A1)<br>Number of treasury<br>shares transferred out of<br>treasury during the<br>month pursuant thereto<br>(A2)<br>Number of shares which<br>may be issued or<br>transferred out of<br>treasury pursuant<br>thereto as at close of<br>the month<br>The total number of<br>shares which may be<br>issued or transferred out<br>of treasury upon<br>exercise of all share<br>options to be granted<br>under the scheme at<br>close of the month<br>1). 2019 Plan (Share incentive plan<br>adopted on 2/7/2019 as amended<br>from time to time)<br>29,476,556 Others -79,840 29,396,716 29,396,716 68,202,800<br>General Meeting approval date (if applicable)<br>2). 2020 Plan (Share incentive plan<br>adopted on 9/7/2020 as amended<br>from time to time)<br>13,907,072 Others -239,822<br>Lapsed -5,600<br>13,661,650 13,661,650 113,020,600<br>General Meeting approval date (if applicable)<br>Increase in issued shares (excluding treasury shares): WVR ordinary shares A (AA1)<br>Decrease in treasury shares: WVR ordinary shares A (AA2)<br>Total funds raised during the month from exercise of options: USD 31,966.2<br>Remarks:<br>1) Others: -79,840 refers to 79,840 options being exercised. The exercise of 79,840 options was settled using the Class A Ordinary Shares issued to the Depositary for bulk issuance of ADSs<br>reserved for further issuances upon the exercise or vesting of awards granted under 2019 Plan.<br>2) Others: -239,822 refers to 239,822 options being exercised. The exercise of 239,822 options was settled using the Class A Ordinary Shares issued to the Depositary for bulk issuance of ADSs<br>reserved for further issuances upon the exercise or vesting of awards granted under 2020 Plan.
---
FF301<br>Page 4 of 10 v 1.1.1<br>(B). Warrants to Issue Shares of the Issuer Not applicable
---
FF301<br>Page 5 of 10 v 1.1.1<br>(C). Convertibles (i.e. Convertible into Shares of the Issuer)<br>1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) No<br>Stock code (if listed) Description<br>Description of the Convertibles Currency Amount at close of<br>preceding month Movement during the month Amount at close of the<br>month<br>Number of new shares<br>issued during the month<br>pursuant thereto (C1)<br>Number of treasury<br>shares transferred out of<br>treasury during the month<br>pursuant thereto (C2)<br>Number of shares which<br>may be issued or<br>transferred out of treasury<br>pursuant thereto as at<br>close of the month<br>1). 2028 Notes - convertible senior notes USD 862,500,000 862,500,000 0 0 60,861,104<br>Type of the Convertibles Bond/Notes<br>Stock code of the Convertibles<br>(if listed on the Exchange) (Note 1)<br>Subscription/Conversion price USD 14.17<br>General Meeting approval date<br>(if applicable)<br>Increase in issued shares (excluding treasury shares): 0 WVR ordinary shares A (CC1)<br>Decrease in treasury shares: 0 WVR ordinary shares A (CC2)
---
FF301<br>Page 6 of 10 v 1.1.1<br>(D). Any other Agreements or Arrangements to Issue Shares of the Issuer, including Options (other than Share Option Schemes)<br>1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange (Note 1) Yes<br>Stock code (if listed) 02015 Description<br>Description of other agreements or arrangements<br>General Meeting<br>approval date<br>(if applicable)<br>Number of new shares issued during<br>the month pursuant thereto (D1)<br>Number of treasury shares transferred<br>out of treasury during the month<br>pursuant thereto (D2)<br>Number of shares which may be issued<br>or transferred out of treasury pursuant<br>thereto as at close of the month<br>1). 2019 Plan - restricted shares (Share incentive plan adopted on 2/7/2019 as amended from time to<br>time) 0 0 0<br>2). 2019 Plan - restricted share unit (Share incentive plan adopted on 2/7/2019 as amended from time<br>to time) 0 0 32,022,520<br>3). 2020 Plan - restricted shares (Share incentive plan adopted on 9/7/2020 as amended from time to<br>time) 0 0 0<br>4). 2020 Plan - restricted share unit (Share incentive plan adopted on 9/7/2020 as amended from time<br>to time) 0 0 5,720,500<br>Increase in issued shares (excluding treasury shares): 0 WVR ordinary shares A (DD1)<br>Decrease in treasury shares: 0 WVR ordinary shares A (DD2)<br>Remarks:<br>As of 31 December 2025, 32,022,520 shares of the issuer may be issued pursuant to the restricted share units granted under 2019 Plan and 5,720,500 shares of the issuer may be issued<br>pursuant to the restricted share units granted under 2020 Plan.<br>3,744,750 restricted share units granted under 2019 Plan were exercised during the month. The exercise of 3,744,750 restricted share units was settled using the Class A Ordinary Shares issued<br>to the Depositary for bulk issuance of ADSs reserved for further issuances upon the exercise or vesting of awards granted under 2019 Plan.<br>3,921,300 restricted share units granted under 2020 Plan were exercised during the month. The exercise of 3,921,300 restricted share units was settled using the Class A Ordinary Shares issued<br>to the Depositary for bulk issuance of ADSs reserved for further issuances upon the exercise or vesting of awards granted under 2020 Plan.<br>10,789,040 restricted share units were granted under 2019 Plan during the month.<br>303,100 restricted share units granted under 2019 Plan and 28,800 restricted share units granted under 2020 Plan were lapsed during the month.
---
FF301<br>Page 7 of 10 v 1.1.1<br>(E). Other Movements in Issued Shares and/or Treasury Shares Not applicable<br>Total increase/ decrease (-) in issued shares (excluding treasury shares) during the month (i.e. Total of AA1 to EE1): 0 WVR ordinary shares A<br>Total increase/ decrease (-) in issued shares (excluding treasury shares) during the month (i.e. Total of AA1 to EE1): 0 WVR ordinary shares A<br>Total increase/ decrease (-) in treasury shares during the month (i.e. Total of AA2 to EE2): 0 WVR ordinary shares A<br>Total increase/ decrease (-) in treasury shares during the month (i.e. Total of AA2 to EE2): 0 WVR ordinary shares A
---
FF301<br>Page 8 of 10 v 1.1.1<br>IV. Information about Hong Kong Depositary Receipt (HDR) Not applicable
---
FF301<br>Page 9 of 10 v 1.1.1<br>V. Confirmations<br>Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each of the securities issued, or the treasury shares<br>sold or transferred by the issuer during the month as set out in Parts III and IV which has not been previously disclosed in a return published under Main Board Rule 13.25A / GEM Rule 17.27A, it<br>has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as<br>applicable:<br>(Note 4)<br>(i) all money due to the listed issuer in respect of the issue of securities, or sale or transfer of treasury shares has been received by it;<br>(ii) all pre-conditions for listing imposed by the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited under "Qualifications of listing" have been fulfilled;<br>(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;<br>(iv) all the securities of each class are in all respects identical (Note 5);<br>(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has<br> been made with all other legal requirements;<br>(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;<br>(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase<br> consideration for all such property has been duly satisfied; and<br>(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the<br> Registrar of Companies.<br>Submitted by: Wang Yang<br>Title: Joint Company Secretary<br>(Director, Secretary or other Duly Authorised Officer)
---
FF301<br>Page 10 of 10 v 1.1.1<br>Notes<br>1. The Exchange refers to The Stock Exchange of Hong Kong Limited.<br>2. In the case of repurchase of shares (shares repurchased and cancelled) and redemption of shares (shares redeemed and cancelled), "date of event" should be construed as<br>"cancellation date".<br>In the case of repurchase of shares (shares held as treasury shares), "date of event" should be construed as "date on which shares were repurchased and held by the issuer in<br>treasury".<br>3. The information is required in the case of repurchase of shares (shares repurchased for cancellation but not yet cancelled) and redemption of shares (shares redeemed but not yet<br>cancelled). Please state the number of shares repurchased or redeemed during the month or in preceding month(s) but pending cancellation as at close of the month as a negative<br>number.<br>4. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases. Where the issuer has already<br>made the relevant confirmations in a return published under Main Board Rule 13.25A / GEM Rule 17.27A in relation to the securities issued, or the treasury shares sold or<br>transferred, no further confirmation is required to be made in this return.<br>5. “Identical” means in this context:<br>． the securities are of the same nominal value with the same amount called up or paid up;<br>． they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to<br>exactly the same sum (gross and net); and<br>． they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.
---