On September 29, NIO announced the signing of strategic investment agreements with the three existing shareholders of NIO Holdings Co., Ltd. — Hefei Jianheng New Energy Vehicle Investment Fund Partnership, Anhui Hi-Tech Industry Investment Co., Ltd., and SDIC Investment Management Co., Ltd. According to the agreement, the three strategic investors mentioned above will use a cash capital increase of RMB 3.3 billion to subscribe for NIO China's newly issued shares, and NIO will also invest RMB 10 billion in cash to subscribe for NIO China's newly issued shares. On the same day, Li Bin, founder and chairman of NIO, said at #全球智能汽车产业大会 #表示， “This is not only a trust in NIO, but also a firm support for the development of the smart electric vehicle industry in Hefei and Anhui, and also shows firm confidence in the high-quality development of smart electric vehicles in China.” Li Bin said, “Special thanks to Hefei, Anhui and all shareholders for their support. Thank you all for your support.”

On September 29, NIO announced the signing of strategic investment agreements with the three existing shareholders of NIO Holdings Co., Ltd. — Hefei Jianheng New Energy Vehicle Investment Fund Partnership, Anhui Hi-Tech Industry Investment Co., Ltd., and SDIC Investment Management Co., Ltd. According to the agreement, the three strategic investors mentioned above will use a cash capital increase of RMB 3.3 billion to subscribe for NIO China's newly issued shares, and NIO will also invest RMB 10 billion in cash to subscribe for NIO China's newly issued shares. On the same day, Li Bin, founder and chairman of NIO, said at #全球智能汽车产业大会 #表示， “This is not only a trust in NIO, but also a firm support for the development of the smart electric vehicle industry in Hefei and Anhui, and also shows firm confidence in the high-quality development of smart electric vehicles in China.” Li Bin said, “Special thanks to Hefei, Anhui and all shareholders for their support. Thank you all for your support.”