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SEC announcement ·  Feb 5 15:22
Summary by Moomoo AI
On February 5, 2024, the United States Securities and Exchange Commission (SEC) addressed a letter to Steven Feng, the Chief Financial Officer of NIO Inc., regarding the company's Form 20-F for the fiscal year ended December 31, 2022. The SEC reviewed NIO Inc.'s response to a previous comment letter and requested further clarification. Specifically, the SEC asked NIO Inc. to revise its disclosure to clarify whether Xiaobei Chen is an official of the Chinese Communist Party (CCP), as required by Item 16I(b)(4) of the Form 20-F. The SEC has requested a response within ten business days or an advisory on when the company will be able to provide the requested information. The SEC indicated that additional comments may follow after reviewing NIO Inc.'s response to this latest inquiry.
On February 5, 2024, the United States Securities and Exchange Commission (SEC) addressed a letter to Steven Feng, the Chief Financial Officer of NIO Inc., regarding the company's Form 20-F for the fiscal year ended December 31, 2022. The SEC reviewed NIO Inc.'s response to a previous comment letter and requested further clarification. Specifically, the SEC asked NIO Inc. to revise its disclosure to clarify whether Xiaobei Chen is an official of the Chinese Communist Party (CCP), as required by Item 16I(b)(4) of the Form 20-F. The SEC has requested a response within ten business days or an advisory on when the company will be able to provide the requested information. The SEC indicated that additional comments may follow after reviewing NIO Inc.'s response to this latest inquiry.
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