Summary by Moomoo AI
On July 5th, 2024, Nio Inc announced that Mr. Feng Wei will resign from the position of Chief Financial Officer due to personal and family reasons. Since 2019, Mr. Feng has made many contributions to the company, and the company expresses its gratitude and wishes him a smooth future. The Nio Board of Directors has approved the promotion of current Senior Vice President of Finance, Mr. Qu Yu, as the new Chief Financial Officer. Mr. Qu joined Nio in 2016 and has held financial leadership positions in multinational companies such as Lear Corporation and Johnson Controls, and he has worked for ten years at PwC. He holds a Master's degree in Accounting from Shanghai University of Finance and Economics and a Bachelor's degree in Accounting from Peking University. The Board of Directors believes he is a suitable candidate. Nio is a leader in the high-end intelligent electric automobile market, committed to creating a joyful lifestyle, and launched its second brand, Lixiang, in May 2024.