Recently, Sky Eye Check showed that,NIO Holdings Co., Ltd. (NIO China) has recently undergone industrial and commercial changes again, and its registered capital has increased from approximately RMB 7.429 billion to approximately RMB 7.857 billion. This capital increase has exceeded RMB 400 million.It is worth noting that this is the third capital increase of NIO Group this year.
As early as the 6th of this month, the registered capital of NIO Technology (Anhui) Co., Ltd. increased significantly from 6 billion yuan to 18 billion yuan, an increase of up to 200%. Dating back to October, the registered capital of NIO Holdings Co., Ltd. has also increased from approximately 6.43 billion yuan to approximately 7.43 billion yuan.
Combined with these three capital increases, the total capital increase of NIO Group has reached 13.4 billion yuan. In fact, this series of capital increases have clear basis.On September 29 this year, NIO announced a joint capital increase with three existing shareholders of NIO China (Hefei Jianheng New Energy Automobile Investment Fund Partnership (Limited Partnership), Anhui High-tech Industrial Investment Co., Ltd., and SDIC Investment Management Co., Ltd.).Among them, NIO will invest 10 billion yuan, and other shareholders will invest a total of 3.3 billion yuan, for a total of 13.3 billion yuan to subscribe for newly issued shares of NIO China.
In addition, Weilai’s previously announced third-quarter financial report showed that the company achieved revenue of 18.67 billion yuan, a month-on-month increase of 7%, although it fell slightly by 2.1% year-on-year. The net loss was 5.06 billion yuan, but the loss had narrowed compared with the same period last year.The overall gross profit margin is 10.7%, free cash flow has turned positive to 5.6 billion yuan, and cash reserves have climbed to 42.2 billion yuan, indicating sufficient cash flow.
Previously, Li Bin, founder, chairman and CEO of Weilai, said at this year’s “2024 Global Smart Car Industry Conference”,These capital increases not only reflect trust in NIO, but also firm support for the high-quality development of the smart electric vehicle industry in Hefei, Anhui and even China.This statement undoubtedly adds confidence to Weilai’s future development.
During this year’s NIODAY, Li Bin once said that NIO will achieve profitability in 2026 and this goal cannot be missed.Judging from the multiple capital increases NIO has received and the support and confidence it has received from shareholders, this goal may not be out of reach.
It is understood that NIO Holdings Co., Ltd. was established in November 2017. Its legal representative and chairman is Li Bin. It is jointly held by Nio Nextev Limited, NIO User Enterprise Limited and other companies and institutions. Its business scope covers technology development, technical services, technology transfer and technical consulting of new energy vehicles and related parts, as well as automobile sales, leasing, driving, repair and maintenance and after-sales services.