On September 29th, NIO announced that it has signed a strategic investment agreement with three existing shareholders of NIO Holdings Limited (hereinafter referred to as NIO China) - Hefei Jianheng New Energy Vehicle Investment Fund Partnership Enterprise (Limited Partnership), Anhui High tech Industry Investment Co., Ltd., and China Investment Promotion Investment Management Co., Ltd. (hereinafter referred to as "Strategic Investors"). According to the agreement, strategic investors will increase their capital by RMB 3.3 billion to subscribe for NIO China's newly issued shares, and NIO will also invest RMB 10 billion in cash to subscribe for NIO China's newly issued shares.
NIO stated that its recent business has continued to improve, with NIO brand monthly deliveries exceeding 20000 units for four consecutive months, continuing to lead the high-end pure electric market. After the launch of the new brand, Ledao, targeting the mainstream home market, it has attracted high attention in the market. The first model of the family intelligent electric mid size SUV, Ledao L60, exceeded expectations after its launch and began nationwide delivery on September 28th.
The relevant person in charge of NIO stated that NIO will continue to invest in technological innovation and charging and swapping infrastructure, further enhancing its competitive advantages in products, services, and communities, and laying a solid foundation for the company's long-term development.