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

Reuters09-29

Sept 29 (Reuters) - NIO Inc :

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

* NIO INC - NIO WILL INVEST AN AGGREGATE OF RMB10 BILLION IN CASH TO SUBSCRIBE FOR NEWLY ISSUED SHARES OF NIO CHINA

* NIO INC - TO HOLD 88.3% EQUITY INTEREST IN NIO CHINA POST-INVESTMENT

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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taytt
·09-29
All good news coming
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