Seres Auto Appoints New Chairman

[Corporate Governance] Zhang Xinghai has been replaced by his son, Zhang Zhengping, as Chairman of Seres Automobile Co., Ltd.

Key Development: Zhang Zhengping Takes Over Core Vehicle Platform

On June 5, Seres Automobile Co., Ltd. completed its business registration update, with founder Zhang Xinghai stepping down as Chairman and his son, Zhang Zhengping (born in 1989), officially assuming the role. Notably, Zhang Xinghai remains Chairman of the parent company, Seres Group (SHA: 601127).

Strategic Rationale: Young Leadership Driving Huawei Partnership Execution

Zhang Zhengping is the founder of Seres USA and returned to China in 2017 to establish Seres Automobile Co., Ltd. He has played a pivotal role in the deep collaboration with Huawei and was instrumental in launching key models such as the AITO M5, M7, and M9. This leadership transition underscores Seres’ strategic focus on strengthening new energy vehicle operations and intelligent technology integration.