Li Auto Inc. Announces Appointment of New Independent Director

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BEIJING, China, Oct. 22, 2020 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (NASDAQ:LI), an innovator in China's new energy vehicle market, today announced the appointment of Mr. Zheng Fan as a new independent director to the Company's board of directors (the “Board”), effective October 22, 2020. Mr. Fan will also serve as a member of the audit committee, compensation committee, and nominating and corporate governance committee of the Board. Upon the appointment of Mr. Fan, the Board consists of six members: Mr. Xiang Li, Mr. Yanan Shen, Mr. Tie Li, Mr. Xing Wang, Mr. Hongqiang Zhao, and Mr. Zheng Fan.

Prior to joining the Board of Li Auto, Mr. Fan served as co-founder and vice president of Autohome Inc. (NYSE:ATHM) from 2005 to 2016. Prior to that, Mr. Fan served as co-founder and vice president of PCPOP.COM from 2000 to 2005. Mr. Fan received a bachelor's degree from Hebei University of Science and Technology in 1999.

About Li Auto Inc.

Li Auto Inc. is an innovator in China's new energy vehicle market. The Company designs, develops, manufactures, …

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