NIO Inc. (NYSE:NIO) Q2 2024 Earnings Conference Call September 5, 2024 8:00 AM ET
Company Participants
Rui Chen - Head of IR
William Li - Founder, Chairman & CEO
Stanley Qu - CFO
Conference Call Participants
Tim Hsiao - Morgan Stanley
Ben Wang - Deutsche Bank
Tina Hou - Goldman Sachs
Yuqian Ding - HSBC
Paul Gong - UBS
Ming-Hsun Lee - Bank of America
Chang Xing - CICC
Operator
Hello ladies and gentlemen, Thank you for standing by for NIO Incorporated Second Quarter 2024 Earnings Conference Call. At this time all participants are in listen-only mode. Today's conference call is being recorded.
I'll now turn the call over to your host, Mr. Rui Chen, Head of Investor Relations of the company. Please go ahead, Rui.
Rui Chen
Thank you. Good morning and good evening, everyone. Welcome to NIO's Second Quarter 2024 Earnings Conference Call. The company's financial and operating results were published in the press release earlier today and posted on the company's IR website.
On today's call, we have Mr. William Li, Founder, Chairman of the Board, and Chief Executive Officer; and Ms. Stanley Qu, Chief Financial Officer. Before we continue, please be kindly reminded that today's discussion will contain forward-looking statements made under the Safe Harbor Provisions of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's actual results may be materially different from the views expressed today.
Further information regarding risks and uncertainties is included in certain filings of the company with the US Securities Exchange Commission, the Stock Exchange of Hong Kong Limited, and the Singapore Exchange Securities Trading Limited. The company does not assume any obligation to update any forward-looking statements except as required under applicable law. Please also note that NIO's earnings press release and this conference call include discussions of unaudited GAAP financial information, as well as unaudited non-GAAP financial measures. Please refer to NIO's press release which contains a reconciliation of the unaudited non-GAAP measures to comparable GAAP measures.
With that, I will now turn the call over to our CEO, Mr. William Li. William, please go ahead.
William Li
Hello, everyone. Thank you for joining NIO’s 2024 Q2 earnings call. In the first half of this year, the NIO brand completes the 2024 model year face lifts, further enhancing the competitiveness of its NT2 products. In the meantime, as NIO technologies, products, services, and the user community were recognized by more people. Its order intake and delivery continued to grow.