 BEIJING, Sept. 22, 2021 GLOBE NEWSWIRE -- Niu Technologies NIU, or the Company NASDAQ: NIU, the worlds leading provider of smart urban mobility solutions, today announced that Mr. Hardy Peng Zhang has tendered his resignation as the Companys chief financial officer due to personal reasons, effective September 30. The Company has initiated active search and a new chief financial officer will be on board soon. Mr. Zhang will continue to work closely with the Company for next three months as an advisor to facilitate a smooth transition. 