EXHIBIT 1
JOINT FILING STATEMENT
I, the undersigned, hereby express my agreement that the attached Schedule 13D (and any amendments thereto) relating to the ownership by each of the undersigned of Class A Ordinary Shares of Niu Technologies is filed on behalf of each of the undersigned.
| Dated: October 22, 2020 | ||
| GGV CAPITAL V L.P. | ||
| GGV CAPITAL V ENTREPRENEURS FUND L.P. | ||
| BY: GGV CAPITAL V L.L.C. | ||
| ITS: GENERAL PARTNER | ||
| By: | /s/ Stephen Hyndman | |
| Stephen Hyndman | ||
| Attorney-in-Fact | ||
| GGV CAPITAL V L.L.C. | ||
| By: | /s/ Stephen Hyndman | |
| Stephen Hyndman | ||
| Attorney-in-Fact | ||
| GGV CAPITAL SELECT L.P. | ||
| BY: GGV CAPITAL SELECT L.L.C. | ||
| ITS: GENERAL PARTNER | ||
| By: | /s/ Stephen Hyndman | |
| Stephen Hyndman | ||
| Attorney-in-Fact | ||
| GGV CAPITAL SELECT L.L.C. | ||
| By: | /s/ Stephen Hyndman | |
| Stephen Hyndman | ||
| Attorney-in-Fact | ||
/s/ Jixun Foo | ||
| Jixun Foo | ||
/s/ Glenn Solomon | ||
| Glenn Solomon | ||
/s/ Jeffrey Gordon Richards | ||
| Jeffrey Gordon Richards | ||
/s/ Hans Tung | ||
| Hans Tung | ||
/s/ Jenny Hong Wei Lee | ||
| Jenny Hong Wei Lee | ||
