EHang Holdings has announced that Dongming Wu has been appointed as a new director to the company’s board of directors, effective June 1.
Dongming Wu will also serve as a member of the Board’s audit committee.
In releasing the news, the board has reviewed the independence of Wu and determined that he satisfied the “independence” requirements under Rule 10A-3 of the United States Exchange Act of 1934 and Rule 5605 of the Nasdaq Stock Market Rules.
The board’s audit committee will now consist of three independent directors, Conor Chia-hung Yang, Dongming Wu and Haoxiang Hou.
Wu has served as a managing director of DHL-Sinotrans since May 2003 and currently serves as the CEO of DHL Express China.
Commenting on the appointment, Huazhi Hu, EHang’s founder, chairman of the board and CEO, said: “We are greatly honored to have Mr. Wu to join us as our independent director.
“With Mr. Wu’s over 30 years’ valuable experience in the global delivery and logistics industry and in general business administration, we truly believe that having Mr. Wu on our Board will bring his valuable industry insights and international management experience, facilitate our strategical development, especially in respect of the air logistics business, and enhance the corporate governance of our company.”