On September 29, NIO announced a partnership with Hefei Jianheng New Energy Automobile Investment Fund, three existing shareholders of NIO Holdings Co., Ltd. (hereinafter referred to as: NIO China) Enterprise (limited partnership), Anhui High-tech Industrial Investment Co., Ltd., and SDIC Investment Management Co., Ltd. (hereinafter collectively referred to as: strategic investors) signed a strategic investment agreement. According to the agreement, strategic investors will invest RMB 3.3 billion in cash to subscribe for newly issued shares of NIO China, and NIO will also invest RMB 10 billion in cash to subscribe for newly issued shares of NIO China.

NIO's recent operations have continued to improve. The monthly delivery volume of the NIO brand has exceeded 20,000 units for four consecutive months, continuing to lead the high-end pure electric market. After the release of the new brand Letao for the mainstream home market, it has attracted great attention from the market. , orders for the first model of the family smart electric mid-sized SUV Ledo L60 exceeded expectations after its launch, and nationwide delivery began on September 28. NIO China's new round of capital increase demonstrates strategic investors' high recognition of NIO's industry-leading position and firm support for the high-quality development of the smart electric vehicle industry. NIO will maintain continuous investment in technological innovation and charging and swapping infrastructure, further enhance its competitive advantages in products, services and communities, and lay a solid foundation for the company's long-term development.