NIO(NIO)2024-04-09 10:03Share Issuance and Capital Structure - The company's board of directors is authorized to issue additional ordinary shares and preference shares, which may dilute the voting power of existing ordinary shareholders[798][799] - Preference shares can be issued without shareholder approval after the Relevant Period, with terms including dividend rights, conversion rights, and voting rights determined by the board[798][799] - Shareholders can increase, consolidate, subdivide, or cancel share capital by ordinary resolution, subject to specific conditions[801] - Shareholders can reduce share capital and capital redemption reserves by special resolution, subject to confirmation by the Grand Court of the Cayman Islands[802] Anti-Takeover Provisions - The company's memorandum and articles of association include anti-takeover provisions that may discourage or delay changes in control, such as issuing preference shares without shareholder approval and limiting shareholders' ability to convene meetings[803]