Summary by Moomoo AI
Yanzhuan Zheng has submitted his resignation from the Board of Directors of Microvast Holdings, effective no later than the company's 2024 Annual Meeting of Stockholders. The resignation was announced on August 16, 2024.The company has explicitly stated that Mr. Zheng's departure is not due to any disagreements regarding Microvast's operations, policies, or practices, ensuring a smooth transition in board composition.