Huan Qiu Lao Hu Cai Jing·2025-09-18 07:03Group 1 - NIO announced the completion of a $1.16 billion financing through a public offering of approximately 209 million shares, including 161 million American Depositary Shares (ADS) and 21 million A-class ordinary shares [1] - The financing proceeds will be used for the development of core technologies for smart electric vehicles, future technology platforms, and expansion of the charging and battery swap network [1] - UBS raised NIO's target price to $8.50 following the financing announcement, expressing optimism about the company's growth potential driven by improved financial structure and new product competitiveness [1] Group 2 - In Q2, NIO reported revenue of 19.01 billion yuan, a year-on-year increase of 9.0% and a quarter-on-quarter increase of 57.9%, with a net loss of 4.995 billion yuan, narrowing by 1.0% year-on-year and 26% quarter-on-quarter [2] - NIO delivered 72,000 new vehicles in Q2, a year-on-year increase of 25.6% and a quarter-on-quarter increase of 71.2%, with August deliveries reaching a record high, growing 55.2% year-on-year [2] - For Q3, NIO expects revenue between 21.81 billion and 22.88 billion yuan and delivery volume between 87,000 and 91,000 vehicles, projecting a year-on-year growth of 40.7% to 47.1% [2]