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LI AUTO INC.

(LI)
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Li Auto : Announces Results of Extraordinary General Meeting, Class A Meeting, and Class B Meeting - Form 6-K

11/16/2021 | 07:57am EST

Li Auto Inc. Announces Results of Extraordinary General Meeting, Class A Meeting, and Class B Meeting

BEIJING, China, November 16, 2021 - Li Auto Inc. ("Li Auto" or the "Company") (Nasdaq: LI; HKEX: 2015), an innovator in China's new energy vehicle market, today announced that each of the proposed resolutions submitted for shareholder approval (the "Proposed Resolutions") as set forth in the notice of the extraordinary general meeting dated October 19, 2021 (the "EGM Notice") has been adopted at its extraordinary general meeting of shareholders, the class meeting of holders of the Class A ordinary shares with a par value of US$0.0001 each, and the class meeting of holders of Class B ordinary shares with a par value of US$0.0001 each, held in Beijing, China today.

After the adoption of the Proposed Resolutions, the Company's existing memorandum and articles of associations are amended and restated by their deletion in their entirety and by the substitution in their place of the fifth amended and restated memorandum and articles of association as set out in Part A of Appendix I to the circular of the Company dated October 19, 2021. The directors of the Company are granted a general mandate to allot, issue, and deal with additional Class A ordinary shares or equivalents and a general mandate to repurchase the Company's own shares, respectively, on the terms and in the periods as set out in the EGM Notice.

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.

For investor and media inquiries, please contact:

Li Auto Inc.

Investor Relations

Email: ir@lixiang.com

The Piacente Group, Inc.

Yang Song

Tel: +86-10-6508-0677

Email: Li@tpg-ir.com

Brandi Piacente

Tel: +1-212-481-2050

Email: Li@tpg-ir.com

Disclaimer

Li Auto Inc. published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 12:56:11 UTC.


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Sales 2021 26 573 M 4 192 M 4 192 M
Net income 2021 -729 M -115 M -115 M
Net cash 2021 23 758 M 3 748 M 3 748 M
P/E ratio 2021 -283x
Yield 2021 -
Capitalization 188 B 29 642 M 29 652 M
EV / Sales 2021 6,18x
EV / Sales 2022 3,72x
Nbr of Employees 4 181
Free-Float -
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Mean consensus BUY
Number of Analysts 17
Last Close Price 29,17 $
Average target price 48,10 $
Spread / Average Target 64,9%
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Managers and Directors
Xiang Li Chairman & Chief Executive Officer
Ya Nan Shen President & Executive Director
Tie Li Chief Financial Officer & Executive Director
Dong Hui Ma Chief Engineer
Kai Wang Chief Technology Officer
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