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Lotus (LOT.US) CFO Honored with “Best CFO Award”

Date : 2024-12-16 16:52:03

On December 11, 2024, the 9th China Overseas Fund Summit & Intelligence Future Fund Awards Presentation Ceremony was held in Shenzhen. The event featured various awards, including the 2024 Golden Hong Kong Stocks Awards and the Most Socially Responsible Listed Company, among others.

Alexious Lee, CFO of Lotus (LOT.US), a global leader in intelligent luxury vehicles, was honored with the "Best CFO Award" for his exceptional leadership in finance, capital market operations, investment, and investor relations.

Alexious Lee brings extensive experience from the automotive and financial sectors, having previously worked with Fiat Group, CLSA, CITIC Securities, and Jefferies. In February 2024, he led the successfully listing of the Company on the Nasdaq Stock Exchange in New York.

Following its merger with the overseas special purpose acquisition company LCAA, Lotus Technology's valuation reached approximately $6.1 billion, marking it as the largest Chinese IPO in the U.S. since July 2021.

According to media reports, Lotus has completed four rounds of financing in 2024, raising a total of $1.35 billion, making it the second-largest SPAC-listed company in terms of fundraising, just behind Trump Media & Technology Group.

The selection process for these awards spanned over two months and involved an expert review committee composed of investment institutions, analysts, industry associations, and media. Companies were evaluated on various criteria, including performance growth over the past year, industry ranking, corporate governance, social impact, capital market returns, and ESG achievements.

The event attracted participation from over 1,000 Hong Kong and U.S.-listed companies, representing both traditional industries such as energy, finance, automotive, and real estate, as well as emerging sectors like telecommunications, chip manufacturing, internet, and healthcare, which are at the forefront of China's economic transformation.

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