{"id":540796,"date":"2021-09-22T04:03:09","date_gmt":"2021-09-22T08:03:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/niu-technologies-announces-management-change\/"},"modified":"2021-09-22T04:03:09","modified_gmt":"2021-09-22T08:03:09","slug":"niu-technologies-announces-management-change","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/niu-technologies-announces-management-change\/","title":{"rendered":"Niu Technologies Announces Management Change"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BEIJING, Sept.  22, 2021  (GLOBE NEWSWIRE) &#8212; Niu Technologies (\u201cNIU\u201d, or \u201cthe Company\u201d) (NASDAQ: NIU), the world\u2019s leading provider of smart urban mobility solutions, today announced that Mr. Hardy Peng Zhang has tendered his resignation as the Company\u2019s chief financial officer due to personal reasons, effective September 30. The Company has initiated active search and a new chief financial officer will be on board soon. Mr. Zhang will continue to work closely with the Company for next three months as an advisor to facilitate a smooth transition.<\/p>\n<p align=\"justify\">Dr. Yan Li, Chief Executive Officer of the Company, said, \u201cWe would like to thank Hardy for his contributions to the Company over the years. Hardy played a crucial role helping NIU to achieve various key milestones and drive for stronger financial management. We wish him the best with his future endeavors.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About\u00a0NIU<\/strong>\n      <\/p>\n<p align=\"justify\">As the world\u2019s leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles and kick-scooters. NIU has a product portfolio consisting of eight series, four electric scooter series, including NQi, MQi, UQi and Gova, two urban commuter electric motorcycle series RQi and TQi, a performance electric bicycle series, NIU Aero, and an electric kick-scooter series, KQi. Different series of products address the needs of different segments of modern urban residents and resolve the demands of different scenarios of urban travel, while being united through a common design language that emphasizes style, freedom and technology. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to offer the products and services. For more information, please visit www.niu.com.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements. These statements are made under the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to\u201d and similar statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU\u2019s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in NIU\u2019s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>Investor Relations Contact:<\/strong>\n      <\/p>\n<p align=\"justify\">Niu Technologies<br \/>Jason Yang<br \/>Investor Relations Manager<br \/>E-mail: ir@niu.com<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMzMDI3OCM0NDE3OTIwIzIxMjM3MDY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OTdiMjJiMmYtOWJlMy00M2U4LTlkNmItY2VjY2FiZDU2NjE0LTExMzUyNzc=\/tiny\/Niu-Technologies.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, Sept. 22, 2021 (GLOBE NEWSWIRE) &#8212; Niu Technologies (\u201cNIU\u201d, or \u201cthe Company\u201d) (NASDAQ: NIU), the world\u2019s leading provider of smart urban mobility solutions, today announced that Mr. Hardy Peng Zhang has tendered his resignation as the Company\u2019s chief financial officer due to personal reasons, effective September 30. The Company has initiated active search and a new chief financial officer will be on board soon. Mr. Zhang will continue to work closely with the Company for next three months as an advisor to facilitate a smooth transition. Dr. Yan Li, Chief Executive Officer of the Company, said, \u201cWe would like to thank Hardy for his contributions to the Company over the years. Hardy played a crucial role helping NIU to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/niu-technologies-announces-management-change\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Niu Technologies Announces Management Change&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-540796","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Niu Technologies Announces Management Change - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/niu-technologies-announces-management-change\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Niu Technologies Announces Management Change - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, Sept. 22, 2021 (GLOBE NEWSWIRE) &#8212; Niu Technologies (\u201cNIU\u201d, or \u201cthe Company\u201d) (NASDAQ: NIU), the world\u2019s leading provider of smart urban mobility solutions, today announced that Mr. Hardy Peng Zhang has tendered his resignation as the Company\u2019s chief financial officer due to personal reasons, effective September 30. The Company has initiated active search and a new chief financial officer will be on board soon. Mr. Zhang will continue to work closely with the Company for next three months as an advisor to facilitate a smooth transition. Dr. Yan Li, Chief Executive Officer of the Company, said, \u201cWe would like to thank Hardy for his contributions to the Company over the years. Hardy played a crucial role helping NIU to &hellip; Continue reading &quot;Niu Technologies Announces Management Change&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/niu-technologies-announces-management-change\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-22T08:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMzMDI3OCM0NDE3OTIwIzIxMjM3MDY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niu-technologies-announces-management-change\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niu-technologies-announces-management-change\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Niu Technologies Announces Management Change\",\"datePublished\":\"2021-09-22T08:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niu-technologies-announces-management-change\\\/\"},\"wordCount\":481,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niu-technologies-announces-management-change\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMzMDI3OCM0NDE3OTIwIzIxMjM3MDY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niu-technologies-announces-management-change\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niu-technologies-announces-management-change\\\/\",\"name\":\"Niu Technologies Announces Management Change - 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