Di Yi Cai Jing·2025-09-10 11:50Core Viewpoint - NIO Inc. plans to publicly issue up to 181.8 million Class A ordinary shares to raise funds for core technology development, future technology platforms, expanding charging networks, and strengthening its balance sheet [1][2]. Financial Performance - NIO reported a Q2 net loss of 4.995 billion RMB, a 26% decrease from the previous quarter, but still significant [1]. - Adjusted net loss (NON-GAAP) for Q2 was 4.127 billion RMB, a year-on-year decrease of 9% and a quarter-on-quarter decrease of 34.3% [1]. - Q2 revenue reached 19.01 billion RMB, representing a 57.9% quarter-on-quarter increase and a 9% year-on-year increase [2]. Market Expectations - The market has strong expectations for NIO's Q3 and Q4 performance, driven by the sales momentum of the L90 and ES8 models [2]. - NIO's delivery guidance for Q3 is between 87,000 to 91,000 vehicles, indicating a year-on-year growth of 40.7% to 47.1% [2]. - Revenue guidance for Q3 is projected to be between 21.81 billion to 22.88 billion RMB, marking a historical high [2]. Company Strategy - NIO's recent financing efforts are part of a strategy to enhance its long-term development and financial strength [1]. - The company aims to achieve NON-GAAP profitability in Q4 if it can reach a sales volume of 150,000 vehicles [3].