NIO (NYSE: NIO) raises RMB2.257B for intelligent-driving chip unit

Rhea-AI Filing Summary

NIO Inc. reported that its subsidiary GeniTech Co., Ltd. (Shenji), which handles NIO’s intelligent-driving chip business, has signed definitive agreements with investors in China. These investors will provide RMB2.257 billion in cash in exchange for newly issued Shenji shares, subject to customary closing conditions.

After completion, a NIO subsidiary will retain a 62.7% controlling equity interest in Shenji, so NIO will continue to consolidate Shenji’s financial results. The Shenji investors will collectively hold 27.3%, and entities administering Shenji’s share incentive plan will collectively hold the remaining 10.0% of Shenji’s equity.

Insights

Equity analyst

NIO secures RMB2.257B external funding for its intelligent-driving chip subsidiary while keeping clear control.

The transaction channels RMB2.257 billion of new cash from Shenji Investors into Shenji, NIO’s intelligent-driving chip business, via newly issued shares. This strengthens the subsidiary’s capital base without NIO giving up control, as a NIO subsidiary will still own 62.7% after completion.

External investors will collectively hold 27.3%, with 10.0% reserved for entities administering Shenji’s share incentive plan, aligning employees and stakeholders. Because closing remains subject to customary conditions, the ultimate impact depends on successful completion of the Investment Transaction as described for February 26, 2026.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-38638

NIO Inc.

(Registrant’s Name)

Building 19, No. 1355, Caobao Road, Minhang District
Shanghai, People’s Republic of China

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x      Form 40-F ¨

EXHIBIT INDEX

Exhibit No.		Description
99.1		NIO Inc.’s Subsidiary Enters into Definitive Agreements for RMB2.257 Billion Investment

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	NIO Inc.
	By	:	/s/ Yu Qu
	Name	:	Yu Qu
	Title	:	Chief Financial Officer

Date: February 26, 2026

Exhibit 99.1

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

Shanghai, February 26, 2026 -- (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; 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.

About NIO Inc.

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.

Safe Harbor Statement

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.

For more information, please visit: http://ir.nio.com

Investor Relations
ir@nio.com

Media Relations
global.press@nio.com

FAQ

What investment did NIO (NIO) announce involving its Shenji subsidiary?

NIO announced that investors in China will invest RMB2.257 billion in cash into its subsidiary Shenji by subscribing for newly issued shares. This capital injection targets NIO’s intelligent-driving chip business through a defined Investment Transaction.

How will NIO’s ownership in Shenji change after the RMB2.257 billion deal?

Upon completion, a NIO subsidiary will hold a 62.7% controlling equity interest in Shenji. The Shenji investors will collectively own 27.3%, while entities administering Shenji’s share incentive plan will hold the remaining 10.0% equity interest.

What business is handled by NIO’s Shenji subsidiary receiving the investment?

Shenji is primarily responsible for NIO’s intelligent-driving chip related business. The RMB2.257 billion investment is directed into this subsidiary, which focuses on core technologies that support NIO’s smart electric vehicle and intelligent driving capabilities.

Will NIO continue consolidating Shenji’s financial results after the investment?

Yes, NIO stated it will continue to consolidate Shenji’s financial results after the Investment Transaction. This is because a NIO subsidiary will retain a controlling 62.7% equity interest in Shenji once the transaction is completed.

What conditions apply to the RMB2.257 billion investment into NIO’s Shenji unit?

NIO noted that the Investment Transaction is subject to customary closing conditions. This means the RMB2.257 billion equity investment and the resulting shareholdings will only take effect after standard contractual and regulatory conditions are satisfied.

Who are the Shenji Investors participating in NIO’s RMB2.257 billion transaction?

The participants are described as certain investors in China, collectively referred to as the Shenji Investors. They will subscribe for newly issued Shenji shares, providing RMB2.257 billion in cash as part of the defined Investment Transaction.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 8.2 KB