Xin Lang Cai Jing·2025-09-10 16:07Core Viewpoint - NIO Inc. announced a new stock issuance plan to raise funds for investment in core technologies for smart electric vehicles and to strengthen its balance sheet [1][4][6] Group 1: Stock Issuance Details - The company plans to issue up to 182 million Class A ordinary shares, including American Depositary Shares (ADS) [4] - An option will be granted to underwriters to purchase up to 27.27 million additional ADS within 30 days [4] - This marks NIO's second public financing in 2023, following a successful fundraising of HKD 4.03 billion earlier this year [6] Group 2: Financial Performance - For Q2 2025, NIO reported revenue of CNY 19.009 billion, a year-on-year increase of 9% and a quarter-on-quarter increase of 57.9% [7] - The company delivered 72,100 vehicles in Q2, a year-on-year increase of 25.6% [7] - NIO's gross margin improved to 10%, up 0.3 percentage points year-on-year [7] Group 3: Future Outlook - NIO expects to deliver between 87,000 and 91,000 vehicles in Q3 2025, representing a year-on-year growth of approximately 40.7% to 47.1% [8] - Projected total revenue for Q3 is estimated to be between CNY 21.812 billion and CNY 22.876 billion, a year-on-year increase of about 16.8% to 22.5% [8] - The CEO has set a profitability target for Q4, contingent on achieving sales of 150,000 vehicles [8]