Li Auto Inc. Announces Results of Annual General Meeting

Rhea-AI Summary

Li Auto (NASDAQ: LI; HKEX: 2015), a leading Chinese new energy vehicle manufacturer, announced the successful adoption of all proposed resolutions at its annual general meeting held in Beijing on May 30, 2025. Key approvals include the re-election of three directors: Mr. Xiang Li, Mr. Zheng Fan, and Prof. Xing Xiao. Additionally, the company's directors received authorization for a general mandate to issue and allot additional Class A ordinary shares and to repurchase company shares under specified terms outlined in the April 23, 2025 AGM Notice.

BEIJING, China, May 30, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that each of the proposed resolutions submitted for shareholder approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated April 23, 2025 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Beijing, China today.

After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Mr. Xiang Li, Mr. Zheng Fan and Prof. Xing Xiao are re-elected as directors of the Company and (ii) the directors of the Company are granted a general mandate to issue, allot, and deal with additional Class A ordinary shares or equivalents and a general mandate to repurchase the Company’s own shares, respectively, on the terms and in the periods as set out in the AGM Notice.

About Li Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Create a Mobile Home, Create Happiness (创造移动的家,创造幸福的家). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in successfully commercializing extended-range electric vehicles in China. While firmly advancing along this technological route, it builds platforms for battery electric vehicles in parallel. The Company leverages technology to create value for users. It concentrates its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. Its current model lineup includes Li MEGA, a high-tech flagship family MPV, Li L9, a six-seat flagship family SUV, Li L8, a six-seat premium family SUV, Li L7, a five-seat flagship family SUV, and Li L6, a five-seat premium family SUV. The Company will continue to expand its product lineup to target a broader user base.

For more information, please visit: https://ir.lixiang.com.

For investor and media inquiries, please contact:

Li Auto Inc.
Investor Relations
Email: ir@lixiang.com

Christensen Advisory
Roger Hu
Tel: +86-10-5900-1548
Email: Li@christensencomms.com

FAQ

What resolutions were approved at Li Auto's 2025 annual general meeting?

At Li Auto's 2025 AGM, shareholders approved the re-election of three directors (Mr. Xiang Li, Mr. Zheng Fan, and Prof. Xing Xiao) and granted directors general mandates to issue additional Class A ordinary shares and repurchase company shares.

Who are the re-elected directors of Li Auto (LI) in 2025?

The re-elected directors of Li Auto are Mr. Xiang Li, Mr. Zheng Fan, and Prof. Xing Xiao.

What stock mandates were approved at Li Auto's 2025 AGM?

Li Auto's directors received approval for two mandates: one to issue and allot additional Class A ordinary shares, and another to repurchase company shares.

When was Li Auto's 2025 annual general meeting held?

Li Auto's annual general meeting was held on May 30, 2025, in Beijing, China.