NWTN Strengthens Board with Appointment of Veteran Yehong Ji as Independent Director

NWTN Welcomes Yehong Ji as Independent Director

NWTN Group, listed on the Nasdaq under the ticker NWTN, has recently made headlines with its appointment of Yehong Ji as an Independent Director. This decision, ratified by shareholders during an Extraordinary General Meeting on August 12, marks a significant step in bolstering the board's capabilities as the company navigates through the complexities of global capital markets and digital transformation.

Yehong Ji, a well-regarded veteran in the investment banking sector, brings with him over three decades of substantial experience in financial services. Before joining NWTN, Ji served as the Vice Chairman of Greater China Banking at Barclays, where he played a pivotal role in orchestrating numerous high-profile transactions, including Initial Public Offerings (IPOs), convertible bonds, and mergers and acquisitions (M&A) for major Chinese firms. His extensive knowledge and hands-on experience in these areas are expected to provide much-needed support as NWTN enhances its governance practices and pursues its strategic transformation efforts.

Ji's modern expertise further extends to guiding traditional technology companies through transitions involving blockchain and digital currencies. His insights will undoubtedly be invaluable as NWTN aims to explore new avenues in blockchain and digital asset development. Mr. Benjamin Zhai, NWTN’s Executive Director and CEO, stated, “We are excited to welcome Mr. Ji to our Board of Directors. His presence not only improves the board's overall diversity but also enriches its professional expertise.”

Enhancing Strategic Decision-Making

The inclusion of Yehong Ji on the board is seen as a strategic move that elevates NWTN’s competitive edge in smart technologies and sustainable practices. Mr. Ji's background encompassing various aspects of global capital operations combined with technological innovation positions him as a key figure for crucial strategic decision-making. His focus on environmental, social, and governance (ESG) implementation will be pivotal as NWTN seeks to align its business with modern sustainability objectives, which are increasingly important to today’s investors and stakeholders.

During his distinguished career, Ji has held notable roles such as Managing Director at ICBC International and J.P. Morgan Securities, along with influential positions at Credit Suisse and Citigroup. He has been instrumental in steering financial strategies that incorporate cutting-edge technology to stay ahead in a rapidly evolving marketplace. His educational credentials include dual bachelor’s degrees in International Trade from the University of International Business and Economics and in Applied Mechanics from Chongqing University.

About NWTN Inc.

Founded in the United Arab Emirates, NWTN focuses on providing innovative smart technology solutions spanning smart mobility, advanced manufacturing, and blockchain. As part of its ongoing evolution, the company is transitioning its corporate name to Robo.ai Inc., reflecting a commitment to embracing the latest in technological advancements and smart solutions.

The appointment of Yehong Ji symbolizes NWTN's dedication to enhancing its board’s expertise, ensuring that the company remains aligned with its strategic goals while fostering development in burgeoning markets. With a strong leadership team, NWTN is set to build on its solid foundation and drive forward its innovative initiatives, ultimately delivering enhanced value to both shareholders and stakeholders.

For investors looking for promising companies in the tech space, NWTN stands out with its strategic board appointments and forward-focused vision.