Li Auto announces the inclusion of its shares in the Shenzhen-Hong Kong Stock Connect program
BEIJING, March 14, 2022 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in the Chinese new energy vehicle market, announced today that the Company’s Class A ordinary shares, which are listed and traded on the Hong Kong Stock Exchange Limited (“HKEX”), have been included in the Shenzhen-Hong Kong Stock Connect program, effective 14 March 2022, based on the Shenzhen Stock Exchange announcement.
Inclusion in the Shenzhen-Hong Kong Stock Connect program allows the Company to access a broader investor base and share its growth trajectory and future successes with users, partners and investors in mainland China. through the financial market.
The Company was selected as the constituent stock of the Hang Seng Composite Index and its sub-indices, including the Hang Seng Composite LargeCap Index, on August 26, 2021, and was selected as the constituent stock of the Hang Seng Index TECH on March 7. , 2022.
About the Shenzhen-Hong Kong Stock Connect Program
The Shenzhen-Hong Kong Stock Connect Program is a mutual stock market access mechanism under which the Shenzhen Stock Exchange and the Hong Kong Stock Exchange Limited have established technical connectivity to enable investors in Mainland China and the Special Administrative Region of Hong Kong to trade in eligible shares. listed on each other’s market through their local securities firms or brokers.
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. His mission is to create mobile homes that make the whole family happy (“创造移动的家，创造幸福的家”). Through innovations in products, technology and business model, the company provides families with safe, convenient and refined products and services. Li Auto is a pioneer in the successful commercialization of range-extended electric vehicles in China. Its first model, Li ONE, is a large six-seater premium smart electric SUV. The company began volume production of Li ONE in November 2019 and launched the Li ONE 2021 in May 2021. The company leverages technology to create value for its users. It focuses its in-house development efforts on its proprietary range extender 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 under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “will ‘, ‘expects’, ‘anticipates’, ‘aims’, ‘future’, ‘intends’, ‘plans’, ‘believes’, ‘estimates’, ‘is likely to’ and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the United States 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: strategies, future business development, financial condition and results operation of Li Auto; Li Auto’s limited operating history; risks associated with extended range electric vehicles; Li Auto’s ability to develop, manufacture and deliver high-quality, customer-appealing vehicles; Li Auto’s ability to generate positive cash flow and earnings; product defects or any other failure of the vehicles to operate as intended; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and resist negative publicity; cancellation of vehicle orders from Li Auto; Li Auto’s ability to develop new vehicles; and changes in consumer demand and favorable government incentives, subsidies or other 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 undertakes no obligation to update any forward-looking statements except as required by applicable law.
For investor and media inquiries, please contact:
Li Auto Inc.
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Piacente Group, Inc.
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