Ju Chao Zi Xun·2025-09-18 02:58Core Points - NIO Inc. successfully completed an equity offering totaling $1.16 billion on September 17, 2025 [2][3] - The offering included 209,090,918 Class A ordinary shares, with 160,823,190 shares as American Depositary Shares (ADS) priced at $5.57 per ADS and 20,995,000 shares as Class A ordinary shares priced at HK$43.36 per share [2] - The underwriters for the offering included Morgan Stanley Asia Limited, UBS Securities LLC, UBS AG Hong Kong Branch, and Deutsche Bank Hong Kong Branch [2] Use of Proceeds - The net proceeds from the equity offering will be allocated to several key areas: 1. Investment in R&D for core technologies in smart electric vehicles to enhance product competitiveness [2] 2. Development of future technology platforms and models under the brand to expand the product line and meet diverse market demands [2] 3. Expansion of the charging and battery swap network to improve user experience and enhance brand appeal [2] 4. Further strengthening of the balance sheet to optimize financial structure and boost market confidence [2][3] Company Overview - NIO Inc. was established in November 2014 and has distinguished itself in the smart electric vehicle market through continuous technological breakthroughs, exceptional products and services, and a growing community [3] - The NIO brand focuses on high-end smart electric vehicles, while the Leto brand targets family-oriented smart electric vehicles, and the Firefly brand offers high-end smart electric microcars [3] - The successful completion of the equity offering not only provides sufficient funding support for NIO but also enhances the company's competitiveness in the smart electric vehicle market [3]