$NIO(NIO.US) emphasized several points in today's meeting:
1. Fourth-quarter profitability is basically confirmed
2. Like Li Auto, we'll close some unprofitable stores this year, especially those in shopping malls and auto cities. We'll also tentatively open some NIO Life collection stores as pilots to explore this format
3. The 2026 budget will be tighter, but we'll also develop some new projects - overall we've stabilized the situation
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
