EHang Holdings announced that Nick Ning Yang has been appointed as a new director to the Company’s Board of Directors, effective December 5, 2022. The Board has reviewed and determined that Mr. Yang meets all the "independence" requirements under Rule 10A-3 of the United States Exchange Act of 1934 and Rule 5605 of the Nasdaq Stock Market Rules. Yang is a founding Partner of LeBox Capital, a venture investment fund established in 2011 that focuses on early-stage high growth TMT companies in China.
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