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EZGO Appoints FINANCIAL AND ECONOMICS Expert Guanghui Yang to its board of directors

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EZGO Technologies Ltd. (Nasdaq: EZGO) announced the appointment of Guanghui Yang to its Board of Directors, effective July 9, 2021. Yang replaces Junying Sun, who departed for personal reasons. With over 20 years of experience in academia and public service, Yang will contribute as a member of the Audit Committee and Chairperson of the Compensation Committee, enhancing corporate governance. CEO Jianhui Ye expressed confidence in Yang’s financial expertise aiding the company’s growth strategy in the short-distance transportation sector, particularly in E-bicycles and related services.

Positive
  • Appointment of Guanghui Yang adds valuable expertise in finance and governance.
  • Yang's extensive background in statistics and information systems may strengthen strategic decision-making.
Negative
  • Departure of Junying Sun raises potential continuity concerns on the board.

JIANGSU, China, July 19, 2021 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we", "our", or "the Company"), a leading short-distance transportation solutions provider in China, today announced the appointment of Guanghui Yang to its Board of Directors, effective July 9, 2021. Mr. Yang will serve as a director on the Board, member of the Audit Committee, member of the Nominating and Corporate Governance Committee and Chairperson of the Compensation Committee until the Company's next general meeting called for the election of directors. Mr. Yang replaces Junying Sun, who is leaving for personal reasons.

Management Commentary

Mr. Jianhui Ye, Chief Executive Officer of EZGO, stated, "We are very excited to welcome Mr. Yang to the EZGO board. With over 20 years of academia and public service experience, Mr. Yang is known for his dedication to the areas of statistics and information system management. We believe EZGO will benefit from his financial acumen in corporate governance as the Company continues to execute on its growth strategy."

My. Yang currently serves as an associate professor at the School of Economics of Shenzhen University. He has served in various roles at the Shenzhen Statistical Investigation Expert Group, Science and Technology Bureau of Shenzhen Nanshan District and Shenzhen Population and Family Planning Expert Committee. Mr. Yang has a bachelor's degree from Lanzhou University, a master's degree in Applied Mathematics from Huazhong University of Science and Technology and a doctoral degree in Statistic from Xiamen University.

In addition to Mr. Yang, EZGO board members include Jianhui Ye, Di Wu, Robert Johnson, and Guanneng Lai.  Additional information about EZGO's Board of Directors can be found on the Company's website at http://www.ezgotech.com.cn/Investor/board-committees.html.  

About EZGO Technologies Ltd.

Leveraging an Internet of Things (IoT) product and service platform and two E-bicycle brands, "Cenbird" and "Dilang", EZGO has established a business model centered on the manufacturing and sale of E-bicycles and E-bicycle rentals, complemented by the E-bicycle charging pile business. For additional information, please visit EZGO's website at www.ezgotech.com.cn. Investors can visit the "Investor Relations" section of EZGO's website at http://www.ezgotech.com.cn/Investor/

Cision View original content:https://www.prnewswire.com/news-releases/ezgo-appoints-financial-and-economics-expert-guanghui-yang-to-its-board-of-directors-301336321.html

SOURCE EZGO Technologies Ltd.

FAQ

Who is Guanghui Yang and what role does he have in EZGO?

Guanghui Yang has been appointed to EZGO's Board of Directors as a director and is the Chairperson of the Compensation Committee.

What experience does Guanghui Yang bring to EZGO?

Yang has over 20 years of experience in academia and public service, particularly in statistics and information systems.

Why did Junying Sun leave EZGO's Board of Directors?

Junying Sun left for personal reasons, creating an opportunity for Guanghui Yang's appointment.

How might Guanghui Yang's appointment impact EZGO's growth strategy?

Yang's financial acumen and governance experience are expected to positively influence EZGO's execution of its growth strategy.

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