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Sunshinekim
09-30

Great news! Patience pays off!

Stock Track | NIO Stock Soars on $1.9 Billion Investment in China Unit from Strategic Investors

Shares of NIO Inc. skyrocketed over 10% in pre-market trading on September 30, 2024, following the announcement of a significant investment in the company's China subsidiary, NIO Holding .NIO China secured an investment of 13.3 billion yuan from its parent NIO and a group of strategic investors. The fresh capital will be raised through the issuance of new shares in NIO China.Upon completion of the investment transaction, NIO's stake in NIO China will decrease from 92.1% to 88.3%, with the stra

Stock Track | NIO Stock Soars on $1.9 Billion Investment in China Unit from Strategic Investors

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Patience pays off!&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Great news! Patience pays off!&nbsp;</p></body></html>","text":"Great news! Patience pays off!","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/355039127466224","repostId":1188047419,"repostType":2,"repost":{"id":"1188047419","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1727683500,"share":"https://www.laohu8.com/m/news/1188047419?lang=&edition=full","pubTime":"2024-09-30 16:05","market":"us","language":"en","title":"Stock Track | NIO Stock Soars on $1.9 Billion Investment in China Unit from Strategic Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1188047419","media":"Stock Track","summary":"Shares of NIO Inc.  skyrocketed over 10% in pre-market trading on September 30, 2024, following the announcement of a significant investment in the company's China subsidiary, NIO Holding .NIO China secured an investment of 13.3 billion yuan  from its parent NIO and a group of strategic investors. 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(NYSE: NIO) skyrocketed over 10% in pre-market trading on September 30, 2024, following the announcement of a significant investment in the company's China subsidiary, NIO Holding (NIO China).</p>\n\n<p>NIO China secured an investment of 13.3 billion yuan (approximately $1.9 billion) from its parent NIO and a group of strategic investors. The fresh capital will be raised through the issuance of new shares in NIO China.</p>\n\n<p>The strategic investors involved in the deal include Hefei Jianheng New Energy Automobile Investment Fund, Anhui Provincial Emerging Industry Investment, and CS Capital. These investors will collectively invest 3.3 billion yuan, while NIO itself will invest 10 billion yuan.</p>\n\n<p>Upon completion of the investment transaction, NIO's stake in NIO China will decrease from 92.1% to 88.3%, with the strategic investors and other existing shareholders holding the remaining 11.7% stake. NIO also has the option to invest an additional 20 billion yuan by the end of 2025 to subscribe for more shares in NIO China on the same terms.</p>\n\n<p>The capital injection is expected to provide NIO China with the necessary funds to support its operations and growth plans, potentially reducing the immediate dilution risk for NIO's listed company. Investors appear to view this move positively, as it demonstrates confidence in NIO's China business and the potential for future growth in the electric vehicle market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188047419","content_text":"Shares of NIO Inc. (NYSE: NIO) skyrocketed over 10% in pre-market trading on September 30, 2024, following the announcement of a significant investment in the company's China subsidiary, NIO Holding (NIO China).\nNIO China secured an investment of 13.3 billion yuan (approximately $1.9 billion) from its parent NIO and a group of strategic investors. The fresh capital will be raised through the issuance of new shares in NIO China.\nThe strategic investors involved in the deal include Hefei Jianheng New Energy Automobile Investment Fund, Anhui Provincial Emerging Industry Investment, and CS Capital. These investors will collectively invest 3.3 billion yuan, while NIO itself will invest 10 billion yuan.\nUpon completion of the investment transaction, NIO's stake in NIO China will decrease from 92.1% to 88.3%, with the strategic investors and other existing shareholders holding the remaining 11.7% stake. 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