本次投资不仅彰显了战略投资者对电动汽车产业高质量发展的坚定支持，也体现了他们对蔚来独特价值和行业领先地位的高度认可。随着资产负债表的增强，蔚来将战略性地保持其在技术、产品、服务和用户社区方面长期优势，推动其多品牌战略并进入更广阔的市场，引领公司进入下一阶段的可持续增长。NIO Inc. (09866-SW) announced on September 29, 2024, that NIO Group, a pioneer and leader in the global smart electric vehicle market (NYSE: NIO; HKEX: 9866; SSE: NIO), has reached a final agreement with Shanghai Hezhong New Energy Automobile Investment Fund Partnership Enterprise (limited partnership), Anhui Provincial High-tech Industrial Investment Co., Ltd. and Go-Investment CITIC Capital Management Co., Ltd. (referred to as "strategic investors"). The strategic investors will invest a total of 3.3 billion RMB (strategic investment amount) in cash to subscribe to new shares issued by NIO China, a subsidiary of NIO Ltd., holding 92.1% controlling stake in China. At the same time, NIO will invest a total of 10 billion RMB (NIO investment amount) in cash to subscribe to new shares issued by NIO China (referred to as the "investment transaction"). After the completion of the investment transaction, NIO will hold 88.3% controlling stake in NIO China, while the strategic investors, along with other existing shareholders, will collectively hold the remaining 11.7% stake in NIO China.
In addition to NIO's investment amount, NIO also has the right to subscribe for additional shares of NIO China before December 31, 2025, at the same price and conditions as the investment transaction, with an additional investment of 20 billion RMB.
The investment transaction is subject to regulatory and internal approvals as well as customary completion conditions. The strategic investors and NIO will inject cash into NIO China in two phases, with 70% of the strategic investment amount and NIO's investment amount to be completed by the end of November 2024, and the remaining 30% by the end of December 2024.
This investment not only demonstrates the strategic investors' firm support for the high-quality development of the electric autos industry but also reflects their high recognition of NIO's unique value and leading position in the sector. With the strengthened balance sheet, NIO will strategically maintain its long-term advantages in technology, products, services, and user community, promote its multi-brand strategy, enter broader markets, and lead the company into the next stage of sustainable growth.
