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Li Auto (LI) announces management and board changes

December 9, 2022 1:30 PM EST

Chinese electric vehicle maker, Li Auto (NASDAQ: LI) announced today that the companys president and director, Mr. Yanan Shen has resigned to devote more time to his personal affairs. The resignation will take effect on January 1, 2023. Mr. Shen will stay with the Company to support the Companys continued efforts in the organizational upgrades to prepare for its future success.

The electric automaker also announced that the board has promoted Mr. Donghui Ma, chief engineer, as the president and appointed him as a director of the Company, effective on January 1, 2023. Mr. Yan Xie,... More