A few days ago, Leapmotor issued a statement stating that the labor contract of Wu Baojun, co-founder and president of Leapmotor, had expired and terminated on January 8, 2024. According to the resolution of the board of directors, the company will not renew his employment. Today, Wu Baojun responded to his resignation on his personal Weibo, and part of the response was somewhat intriguing.
Wu Baojun first expressed regret for leaving the company he first participated in the founding of Leading Auto. He said that due to the expiration of the labor contract, the company proposed not to renew the contract, and the labor contract was terminated on January 8, 24.On January 19, the board of directors decided by communication to no longer serve as the president of Leapmo Technology, and currently still serves as a director.
He mentioned that Leapmotor successfully IPOed on the Hong Kong Stock Exchange in September 2022.The cooperation with Stelantis Group has been established for 23 years. These are great results and have exceeded expectations and achieved the three major goals of the employment agreement signed before he came to the company.
“The professional manager president is also an employee.Employees are weak and helpless to large corporate organizations. Therefore, I hope to respect history and contracts; it should be legal, reasonable, and reasonable; customers come first, employees second.”Wu Baojun said.
Public information shows that Wu Baojun has worked for Peugeot, GAC Honda, and GAC Toyota. Before joining Leapmotor, he served as vice president, president and chairman of Zhongcheng Auto Insurance Co., Ltd.
Wu Baojun joined Lingpao in May 2020 and was appointed co-founder and president, with overall responsibility for corporate operations.