According to Tianyancha, NIO Holdings Limited (NIO China) has once again increased its registered capital, from approximately RMB 7.429 billion (the same below) to approximately RMB 7.857 billion. This is the third capital increase of NIO Group this year, with a total increase of RMB 13.4 billion.
Behind the capital increase, Li Bin, the founder, chairman, and CEO of NIO, admitted at the previous NIO DAY communication meeting that NIO will achieve profitability b ...
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