NIO Completes HK$4.03 Billion New Share Offering

April 8, 2025 by No Comments

SHANGHAI, April 07, 2025 — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading innovator in the global smart electric vehicle sector, announced today that it has completed its offering of 136,800,000 class A ordinary shares (the “Placement Shares”) for HK$4,030.13 million, at a price of HK$29.46 per Placement Share (the “Equity Placement”). These Placement Shares were sold to non-U.S. individuals in offshore transactions, adhering to Regulation S under the Securities Act of 1933.

Morgan Stanley Asia Limited, UBS AG Hong Kong Branch, China International Capital Corporation Hong Kong Securities Limited, and Deutsche Bank AG, Hong Kong Branch served as the placement agents for this Equity Placement.

The Placement Shares are not registered, nor will they be, under the Securities Act or any state securities laws, nor are they registered in Hong Kong or elsewhere. They cannot be offered or sold within the United States or to U.S. persons (as defined in Regulation S under the Securities Act) without an exemption from, or in a transaction that does not fall under, the registration requirements of the Securities Act.

This press release is not an offer to sell or a solicitation of an offer to buy any securities in the United States, Hong Kong, Singapore, or any other location. It also does not represent an offer, solicitation, or sale of securities in any state or jurisdiction where such an offer, solicitation, or sale would be considered unlawful.

About NIO Inc.

NIO Inc. is a pioneering leader in the global smart electric vehicle market. Established in November 2014, NIO aims to create a sustainable and brighter future with its “Blue Sky Coming” mission. NIO envisions itself as a user-centric enterprise, blending innovative technology with exceptional experiences. NIO designs, develops, manufactures, and sells intelligent electric vehicles, spearheading innovations in next-generation core technologies. NIO sets itself apart through ongoing technological advancements, outstanding products and services, and a community fostering shared growth. NIO offers premium smart electric vehicles under the NIO brand, family-focused smart electric vehicles through the ONVO brand, and small, high-end smart electric cars under the FIREFLY brand.

Safe Harbor Statement
This press release includes statements that may be considered “forward-looking” under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. NIO may also issue forward-looking statements in its reports to the U.S. Securities and Exchange Commission (the “SEC”), its annual shareholder report, announcements, circulars, or other publications on the websites of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases, written materials, and oral statements by its officers, directors, or employees. Statements that are not based on historical facts, including those about NIO’s beliefs, plans, and expectations, are forward-looking statements and involve inherent risks and uncertainties. Several factors could cause actual results to differ significantly from those in any forward-looking statement. These factors include, but are not limited to: NIO’s strategies; its future business development, financial condition, and operating results; its ability to develop and manufacture high-quality, appealing vehicles on schedule and at scale; its capacity to secure and expand manufacturing capabilities, including partnerships with third parties; its ability to offer convenient and comprehensive power solutions; the viability, growth potential, and prospects of its battery swapping, BaaS, and NIO Assisted and Intelligent Driving, and its subscription services; its ability to enhance technologies or develop alternatives to meet evolving market demands; its ability to meet mandated safety standards for vehicles; its ability to secure raw materials or other components; its ability to secure sufficient vehicle reservations and sales; its ability to control operational costs; its ability to build its current and future brands; general economic and business conditions globally and in China, and assumptions underlying or related to these factors. Further details on these and other risks are available in NIO’s filings with the SEC and on the websites of the SEHK and SGX-ST. All information in this press release is current as of its date, and NIO undertakes no obligation to update any forward-looking statement unless required by law.

For more information, please visit: http://ir.nio.com

Investor Relations
ir@nio.com

Media Relations
global.press@nio.com

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