REG - Ceres Power Holdings - Appointment of Non-Executive Director

Ceres Power HoldingsAnnouncement

28/09/2023 07:00

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RNS Number : 8848N  Ceres Power Holdings plc  28 September 2023

28 September 2023

 

Ceres Power Holdings plc ("Ceres", the "Company")

 

Appointment of Dr. Nannan Sun as a Non-Executive Director

 

 

Horsham, UK: Ceres Power Holdings plc ("Ceres", the "Company"), a global
leader in fuel cell and electrochemical technology, announces the appointment
of Dr. Nannan Sun as a Non-Executive Director with effect from 27 September
2023.

 

Dr. Sun replaces Mr. Qinggui Hao as the nominated representative of Weichai
Power Hong Kong International Development Co. Limited ("Weichai") on the Board
of Ceres, under the terms of its existing relationship agreement with Weichai.
An appropriate transition period will be observed to ensure there is a smooth
handover.

 

Dr. Sun is a senior engineer with a doctorate in engineering from Shandong
University and is currently the Assistant President of Weichai Power and
President of the Future Technology Institute of Weichai Power. Dr. Sun is
responsible for product and technology research and development having joined
Weichai Power in July 2015 and has served as the Vice President of the
Scientific Research Institute, the President of the Science and Technology
Research Institute, and the Vice President of the Future Technology Research
Institute.

 

No further information is required to be disclosed pursuant to paragraph
9.6.13R of the Listing Rules in respect of Dr. Sun.

 

Warren Finegold, Chair, commented: "I would like to thank Qinggui for his
valued contribution to the Board over the past three years. We welcome the
addition of Dr. Sun's substantial technical experience and fresh perspective,
and we look forward to working together as we begin this next chapter of our
long-standing partnership with Weichai."

 

Dr. Nannan Sun, Assistant President of Weichai Power added: "I am pleased to
join the Ceres Board as the Weichai representative as we enter the next phase
of our partnership. Together we have the potential to harness the power of
this revolutionary solid oxide technology to build a more sustainable future."

 

Ends

 

For further information visit www.ceres.tech (http://www.ceres.tech) or
contact:

 Ceres Power Holdings plc                      Tel: +44 (0)7752 470802

 Marianne Millard (Deputy Company Secretary)

 FTI Consulting (PR Adviser)                   Tel: +44 (0)203 727 1000

 Dwight Burden/ Ben Brewerton                  Email: ceres_power@fticonsulting.com (mailto:Ceres_power@fticonsulting.com)

 

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells
for power generation, electrolysis for the creation of green hydrogen and
energy storage. Its asset-light, licensing model has seen it establish
partnerships with some of the world's largest engineering and technology
companies, such as Bosch, Doosan, Shell and Weichai, to develop systems and
products that address climate change for power generation, transportation,
industry, data centres and everyday living.  Ceres is listed on the Main
Market of the London Stock Exchange ("LSE") (LSE: CWR) and is classified by
the LSE Green Economy Mark, which recognises listed companies that derive more
than 50% of their activity from the green economy.

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