BRIEF-NIO Notes U.S. Department Of Defense Added Co To Its "Chinese Military Companies" List

June 9 (Reuters) - NIO Inc 9866.HK:

  • NOTED THAT U.S. DEPARTMENT OF DEFENSE HAS ADDED COMPANY TO ITS "CHINESE MILITARY COMPANIES" LIST

  • BELIEVES ITS INCLUSION ON CMC LIST IS NOT JUSTIFIED

  • WILL PROACTIVELY ENGAGE WITH U.S. DEPARTMENT OF DEFENSE TO CORRECT THIS INCLUSION ON CMC LIST

  • U.S. GOVERNMENT PROCUREMENT LIMITATIONS TIED TO LIST WILL NOT IMPACT BUSINESS OF COMPANY

Further company coverage: 9866.HK


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