NIO Inc. Announces Completion of HK$4,030 Million Offering of New Shares

Core Viewpoint - NIO Inc. has successfully completed an equity placement of HK$4,030.13 million by offering 136,800,000 class A ordinary shares at an offering price of HK$29.46 per share, targeting non-U.S. persons in offshore transactions [1][2]. Company Overview - NIO Inc. is a leading company in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [5]. - The company focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and high-end electric cars with the FIREFLY brand [5]. Equity Placement Details - The equity placement involved the sale of 136,800,000 class A ordinary shares at HK$29.46 each, totaling HK$4,030.13 million [1]. - The placement was facilitated by Morgan Stanley Asia Limited, UBS AG Hong Kong Branch, China International Capital Corporation Hong Kong Securities Limited, and Deutsche Bank AG, Hong Kong Branch [2]. - The shares will not be registered under the Securities Act or any state securities laws, and cannot be offered or sold in the United States or to U.S. persons without an exemption [3].