SHANGHAI, Feb.  26, 2026  (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) (&#34;NIO&#34; or the &#34;Company&#34;), a pioneer and a leading company in the global smart electric vehicle market, today announced that the

NIO Inc.'s Subsidiary Enters into Definitive Agreements for RMB2.257 Billion Investment

NIO Secures RMB2.257 Billion Investment for Smart Driving Technology

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SHANGHAI, Feb.  26, 2026  (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) (&amp;#34;NIO&amp;#34; or the &amp;#34;Company&amp;#34;), a pioneer and a leading company in the global smart electric vehicle market, today announced that the</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>NIO has announced a significant RMB2.257 billion investment in its subsidiary Shenji, aimed at enhancing its intelligent-driving chip technology. This investment strengthens NIO&#039;s market position and continues its control over Shenji at 62.7%, likely positioning the company for future growth in the EV sector.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>NIO partners with investors for RMB2.257 billion in Shenji.</li><li>Shenji focuses on intelligent-driving chip technology.</li><li>NIO retains 62.7% control of Shenji post-investment.</li><li>Shenji Investors will hold 27.3% equity stake.</li><li>Investment supports NIO&#039;s growth in EV technology.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>NIO Inc. (NIO)</strong>: Primary focus of the article regarding EV technology advancement.</li><li><strong>GeniTech Co., Ltd. (Shenji)</strong>: NIO&#039;s subsidiary central to the investment announcement.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This article falls under &#039;Corporate Developments&#039; as it discusses a direct investment into a subsidiary, showcasing NIO&#039;s commitment to advancing its technology and market capability in the EV sector.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The investment indicates strong confidence in NIO’s technology capabilities.</li><li>Control over Shenji ensures leadership in autonomous driving chip development.</li><li>Funding could accelerate innovations and production timelines in NIO&#039;s EV lineup.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Total investment from Shenji Investors is RMB2.257 billion.</li><li>NIO retains a 62.7% equity interest in Shenji.</li><li>Investors will acquire 27.3% of Shenji&#039;s equity.</li><li>Shenji handles NIO&#039;s intelligent-driving chip business.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>NIO is positioned for growth in EV technology; investors may consider buying shares.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">SHANGHAI, Feb.  26, 2026  (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NIO">NIO</a>, HKEX: 9866, SGX: NIO)) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced that the Company and GeniTech Co., Ltd. ("Shenji"), a subsidiary of the Company, entered into definitive agreements with certain investors in China (the "Shenji Investors"), pursuant to which the Shenji Investors will invest an aggregate of RMB2.257 billion in cash to subscribe for Shenji's newly issued shares (the "Investment Transaction"). Shenji is primarily responsible for NIO's intelligent-driving chip related business. The Investment Transaction is subject to customary closing conditions. Upon completion of the Investment Transaction, a subsidiary of NIO will continue to hold a controlling equity interest of 62.7% in Shenji and NIO will continue to consolidate its financial results. The Shenji investors will collectively hold 27.3% of Shenji's equity interest. Certain entities holding shares to administer Shenji's share incentive plan will collectively hold the remaining 10.0% of Shenji's equity interest.</p>  <p align="justify"><strong>About NIO Inc.</strong></p>  <p align="justify">NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of "Blue Sky Coming". NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand.</p>  <p align="justify"><strong>Safe Harbor Statement</strong></p>  <p align="justify">This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the "SEHK") and the Singapore Exchange Securities Trading Limited (the "SGX-ST"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO's strategies; NIO's future business development, financial condition and results of operations; NIO's ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO's ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO's filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>  <p align="justify">For more information, please visit: <a href="http://ir.nio.com" title="http://ir.nio.com">http://ir.nio.com</a></p>  <p align="justify"><strong>Investor Relations</strong><br></br>ir@nio.com</p>  <p align="justify"><strong>Media Relations</strong><br></br>global.press@nio.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY2MTkyNSM3NDU2NjEyIzIxMjI5MDE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZDVjNzk0ZmUtMGI4NC00OTY4LWIxNjgtYjI4ZWIzZTViZjQ0LTExMzQ0NzItMjAyNi0wMi0yNi1lbg==/tiny/NIO-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img>

NIO has announced a significant RMB2.257 billion investment in its subsidiary Shenji, aimed at enhancing its intelligent-driving chip technology. This investment strengthens NIO's market position and continues its control over Shenji at 62.7%, likely positioning the company for future growth in the EV sector.

NIO Inc.'s Subsidiary Enters into Definitive Agreements for RMB2.257 Billion Investment

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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