Li Auto Inc. to Hold Extraordinary General Meeting on November 16, 2021
October 18 2021 - 8:35PM
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015),
an innovator in China’s new energy vehicle market, today announced
that it will hold an extraordinary general meeting (the “EGM”) of
the Company’s shareholders (the “EGM Notice”) at 11:00 a.m. Beijing
time (or soon after the Class A Meeting and the Class B Meeting,
both of which are defined below) on November 16, 2021 at Room 108,
339 Dongxindian, Chaoyang District, Beijing, China, for the
purposes of considering and, if thought fit, passing each of the
Proposed Resolutions as defined and set forth in the notice of the
EGM (the “EGM Notice”). The EGM Notice and the form of proxy for
the EGM are available on the Company’s website at
http://ir.lixiang.com. The board of directors of the Company fully
supports the Proposed Resolutions and recommends that shareholders
and holders of American depositary shares (“ADSs”) vote in favor of
the Proposed Resolutions.
The Company will hold a class meeting of holders of Class A
ordinary shares with a par value of US$0.0001 each (the “Class A
Meeting”) and a class meeting of holders of Class B ordinary shares
with a par value of US$0.0001 each (the “Class B Meeting”) convened
on the same date and at the same place as the EGM, for the purposes
of considering and, if thought fit, passing the Class-based
Resolution as defined and set forth respectively in the notices of
each of the Class A Meeting and the Class B Meeting. The notices
and forms of proxy for each of the Class A Meeting and the Class B
Meeting are available on the Company’s website at
http://ir.lixiang.com.
Holders of record of ordinary shares of the Company at the close
of business on October 13, 2021, Hong Kong time, are entitled to
notice of, to attend and vote at, the EGM or any adjournment or
postponement thereof, and, as applicable, the Class A Meeting or
the Class B Meeting. Holders of record of ADSs as of the close of
business on October 13, 2021, New York time, who wish to exercise
their voting rights for the underlying Class A ordinary shares must
give voting instructions to Deutsche Bank Trust Company Americas,
the depositary of the ADSs.
The Company has filed its annual report on Form 20-F, including
its audited financial statements, for the fiscal year ended
December 31, 2020, with the U.S. Securities and Exchange Commission
(the “SEC”). The Company’s annual report on Form 20-F can be
accessed on the Company’s website at http://ir.lixiang.com and on
the SEC’s website at http://www.sec.gov.
About Li Auto Inc.
Li Auto Inc. is an innovator in China’s new energy vehicle
market. The Company designs, develops, manufactures, and sells
premium smart electric vehicles. Through innovations in product,
technology, and business model, the Company provides families with
safe, convenient, and refined products and services. Li Auto is a
pioneer to successfully commercialize extended-range electric
vehicles in China. Its first model, Li ONE, is a six-seat, large
premium electric SUV equipped with a range extension system and
advanced smart vehicle solutions. The Company started volume
production of Li ONE in November 2019 and released the 2021 Li ONE
in May 2021. The Company leverages technology to create value for
its users. It concentrates its in-house development efforts on its
proprietary range extension system, next-generation electric
vehicle technology, and smart vehicle solutions. Beyond Li ONE, the
Company will expand its product line by developing new vehicles,
including BEVs and EREVs, to target a broader consumer base.
For more information, please visit: http://ir.lixiang.com.
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Li Auto may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases and other written
materials, and in oral statements made by its officers, directors,
or employees to third parties. Statements that are not historical
facts, including statements about Li Auto’s beliefs, plans, and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: Li Auto’s strategies, future business
development, and financial condition and results of operations; Li
Auto’s limited operating history; risks associated with
extended-range electric vehicles, Li Auto’s ability to develop,
manufacture, and deliver vehicles of high quality and appeal to
customers; Li Auto’s ability to generate positive cash flow and
profits; product defects or any other failure of vehicles to
perform as expected; Li Auto’s ability to compete successfully; Li
Auto’s ability to build its brand and withstand negative publicity;
cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to
develop new vehicles; and changes in consumer demand and government
incentives, subsidies, or other favorable government policies.
Further information regarding these and other risks is included in
Li Auto’s filings with the SEC. All information provided in this
press release is as of the date of this press release, and Li Auto
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please contact:
Li Auto Inc.Investor RelationsEmail: ir@lixiang.com
The Piacente Group, Inc.Yang SongTel: +86-10-6508-0677Email:
Li@tpg-ir.com
Brandi PiacenteTel: +1-212-481-2050Email: Li@tpg-ir.com
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