NIO-SW receives a strategic investment of 3.3 billion RMB in NIO China from investors

NIO-SW announced that it has reached an agreement with strategic investors to invest 3.3 billion yuan in NIO China. Investors include Hefei Jianheng New Energy Automobile Investment Fund, Anhui Provincial High-Tech Industry Investment Limited Company, and Guotou Zhaoshang Investment Management Co., Ltd. After the investment is completed, NIO will hold 88.3% of NIO China's controlling rights, while strategic investors and other shareholders will hold 11.7%. In addition, NIO has the right to make additional investments of 20 billion yuan before 2025. This move will enhance NIO's competitiveness in the electric vehicle market and drive sustainable growth