The autonomous aerial vehicle developer EHang has announced the appointment of Dongming Wu to the company’s board of directors, effective June 1, 2020. Wu will also serve as a member of the board’s audit committee.
According to an EHang press release, Wu has been determined to satisfy 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, including Conor Chia-hung Yang and Haoxiang Hou, in addition to Wu.
Wu has over three decades of experience in the global delivery and logistics industry and has served as a managing director of DHL-Sinotrans since May 2003. He also currently serves as the CEO of DHL Express China and is a global management board member of DHL Express.
“We are greatly honored to have Mr. Wu to join us as our independent director,” stated EHang founder and CEO Huazhi Hu. “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 [strategic] development, especially in respect of the air logistics business, and enhance the corporate governance of our company.”