NIO Increases Registered Capital by 10 Billion Yuan

Oct 30, 2024

Recent business filings reveal that NIO Holding Co., Ltd. has increased its registered capital from approximately 64.3 billion yuan to about 74.3 billion yuan. The company, established in November 2017, is led by CEO Li Bin and specializes in the development, service, transfer, and consultation of electric vehicle technology and its components.

Shareholder information indicates that the company is jointly owned by Nio Nextev Limited, NIO User Enterprise Limited, and the Hefei Jianheng New Energy Vehicle Investment Fund Partnership, among others.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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