BRIEF-NIO Announces RMB 3.3 Bln Investment In NIO China From Strategic Investors-March 2024-www.financetom.com

BRIEF-NIO Announces RMB 3.3 Bln Investment In NIO China From Strategic Investors

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BRIEF-NIO Announces RMB 3.3 Bln Investment In NIO China From Strategic Investors

Sep 29, 2024 12:08 AM

Sept 29 (Reuters) - NIO Inc ( NIO ):

* NIO ANNOUNCES RMB3.3 BILLION INVESTMENT IN NIO CHINA FROM

STRATEGIC INVESTORS

* NIO INC ( NIO ) - NIO WILL INVEST AN AGGREGATE OF RMB10 BILLION IN

CASH

TO SUBSCRIBE FOR NEWLY ISSUED SHARES OF NIO CHINA

* NIO INC ( NIO ) - TO HOLD 88.3% EQUITY INTEREST IN NIO CHINA

POST-INVESTMENT

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