Nio Releases Financial Reconciliation Statement

Nio (NIO) has released an update.

Nio, a company listed on both the U.S. and Hong Kong stock exchanges, has provided a reconciliation statement comparing its financial reporting under U.S. GAAP and IFRS standards. The reconciliation reveals the material differences in the company’s unaudited interim financial statements for the six months ended June 30, 2024. This effort, audited by PricewaterhouseCoopers in Hong Kong, ensures compliance with the Hong Kong Stock Exchange requirements for its secondary listing.

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