NIO Secures Funding, Anhui State-Owned Enterprises Invest 400 Million Yuan

Pandaily
03-07

Recently, according to information from Qichacha, there has been a change in investors for NIO Holdings Limited. The new investor is Hefei Jianxiang Investment Co., Ltd., with an investment amount of 2.86 billion yuan and a shareholding ratio of 3.46%. Another new investor is Anhui Gaoxin Yuwun Weiyuan Technology Partnership Enterprise, with an investment of 1.14 billion yuan and a shareholding ratio of 1.38%.

Since then, the registered capital of NIO Holdings Limited has increased from 7.857 billion yuan to 8.257 billion yuan.

It is worth noting that the two new investors behind it both have a background in state-owned enterprises. Hefei Jianxiang Investment Co., Ltd. is a wholly state-owned enterprise controlled by the State-Owned Assets Supervision and Administration Commission of Hefei Municipal People’s Government.

The actual controlling shareholder of Anhui Gaohua Yuwun Weiyuan Technology Partnership Enterprise is the State-owned Assets Supervision and Administration Commission of the People’s Government of Anhui Province.

NIO Holdings Limited’s capital increase this time means that this new energy vehicle company, which emerged from Anhui, has further received support from the local government and is expected to accelerate its development in areas such as sales of new energy vehicles and construction of charging and swapping infrastructure.

Possibly influenced by this news, NIO, whose Hong Kong stock price showed a slight decline earlier this month, saw a small rebound after opening today with an increase of 2.42%, reaching HK$33.9 per share, with a market value of HK$70.866 billion.

By 2025, William Li’s NIO Inc. has completed a total of 16 rounds of financing since its establishment.

In addition, someone has also calculated an account for William Li. As of September last year, NIO had raised about 118.3 billion yuan in total financing. Including this round, NIO‘s cumulative financing reached 118.7 billion.

SEE ALSO: NIO Denies Rumors of 50% Layoffs

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