NIO Inc. announced that Mr. Wei Feng is joining the Company as its new chief financial officer (CFO), effective November 18, 2019. Mr. Feng brings to NIO nearly 15 years of experience in the automotive industry. Prior to joining NIO, Mr. Feng served as managing director and head of the auto and auto parts research team at China International Capital Corporation where he was recognized with multiple international distinctions, including the best auto and auto parts analyst by both Asiamoney and Institutional Investor's All-China Research Team Poll, and the No. 1 stock picker in the category of automobiles in Asia by Thomson Reuters StarMine Analyst Awards.