17.9% NIO stake held by Abu Dhabi-backed CYVN investor (NYSE: NIO)

Rhea-AI Filing Summary

NIO Inc. received an updated ownership disclosure from Abu Dhabi-based investors. CYVN Investments RSC Ltd and its parent L'imad Holding Company report beneficial ownership of 418,833,157 Class A ordinary shares, representing 17.9% of NIO's Class A share class. Both entities are organized in the United Arab Emirates, with L'imad Holding wholly owning CYVN Investments and itself being wholly owned by the Government of Abu Dhabi represented by the Abu Dhabi Department of Finance. The amendment confirms their role as significant shareholders and reiterates that they hold sole voting and dispositive power over these shares.

Insights

Equity ownership and governance analyst

Large Abu Dhabi-backed holder confirms a 17.9% NIO stake.

The disclosure shows CYVN Investments and its parent L'imad Holding beneficially owning 418,833,157 NIO Class A ordinary shares, or 17.9% of that class. Both entities report sole voting and dispositive power over these shares, indicating a concentrated block under unified control rather than a dispersed group.

Control ultimately traces to the Government of Abu Dhabi via the Abu Dhabi Department of Finance, as it wholly owns L'imad Holding, which in turn wholly owns CYVN Investments. This structure means a single sovereign-related chain influences how the stake is voted, which can be relevant for major corporate decisions and potential strategic alignment.

The filing describes this as Amendment No. 5 to an existing Schedule 13D, so it updates prior disclosures rather than introducing a new position. The actual impact on NIO depends on how this 17.9% holder chooses to vote or engage in future shareholder or strategic matters, which are not detailed here.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

NIO Inc.

(Name of Issuer)

Class A Ordinary Shares, par value $0.00025 per share

(Title of Class of Securities)

62914V106

(CUSIP Number)

Samer Salah Abdelhaq
CYVN Investments RSC Ltd, Floor 18, Al Maryah Tower, ADGM Square
Al Maryah Island, Abu Dhabi, C0, 000000
971 56 418 1611

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

01/12/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 62914V106

1

Name of reporting person

CYVN Investments RSC Ltd

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED ARAB EMIRATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 418,833,157.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 418,833,157.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

418,833,157.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

17.9 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP No. 62914V106

1

Name of reporting person

L'imad Holding Company - P.J.S.C

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED ARAB EMIRATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 418,833,157.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 418,833,157.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

418,833,157.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

17.9 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Ordinary Shares, par value $0.00025 per share
(b)	Name of Issuer: NIO Inc.
(c)	Address of Issuer's Principal Executive Offices: Building 19, No. 1355, Caobao Road, Minhang District, Shanghai, CHINA , 200233.
Item 1 Comment: The following constitutes Amendment No. 5 ("Amendment No. 5") to the Schedule 13D filed with the Securities and Exchange Commission ("SEC") by CYVN Investments RSC Ltd ("CYVN Investments") on July 24, 2023, as amended by Amendment No. 1 filed on December 20, 2023, Amendment No. 2 filed on December 27, 2023, Amendment No. 3 filed on February 28, 2024, and Amendment No. 4 filed on January 8, 2026. This Amendment No. 5 amends and supplements the Schedule 13D as specifically set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D, as amended. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.
Item 2.	Identity and Background
(a)	This Schedule 13D is being filed by CYVN Investments RSC Ltd, a restricted scope company incorporated in the Abu Dhabi Global Market, Abu Dhabi, United Arab Emirates ("CYVN Investments"), and L'imad Holding Company - P.J.S.C, a public joint stock company incorporated in Abu Dhabi, United Arab Emirates ("L'imad Holding", and together with CYVN Investments, the "Reporting Persons"). CYVN Investments is managed by its directors (the "CYVN Directors"). L'imad Holding is managed by its Managing Director and Chief Executive Officer and its Board of Directors (the "L'imad Persons"). Exhibit 99.1 hereto sets forth the names and other required information regarding the CYVN Directors and L'imad Persons and such information is incorporated herein by reference. L'imad Holding wholly owns CYVN Investments and is wholly owned by the Government of Abu Dhabi represented by the Abu Dhabi Department of Finance.
(b)	The principal business address of the Reporting Persons is Part of Floor 18, Floor 18, Al Maryah Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, United Arab Emirates.
(c)	CYVN Investments was established as a special purpose vehicle for the purpose of holding ownership of equity and non-equity assets, including shares, debentures, bonds, and other forms of securities as well as holding ownership of real property, intellectual property, and other tangible and intangible assets. L'imad Holding is a holding company and wholly owns CYVN Investments.
(d)	During the last five years, none of the Reporting Persons, the CYVN Directors or the L'imad Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	During the last five years, none of the Reporting Persons, the CYVN Directors or the L'imad Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	CYVN Investments is a restricted scope company incorporated in the Abu Dhabi Global Market, Abu Dhabi, United Arab Emirates. L'imad Holding is a public joint stock company incorporated in Abu Dhabi, United Arab Emirates.
Item 7.	Material to be Filed as Exhibits.
	99.1 Information Regarding Directors and Executive Officers

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CYVN Investments RSC Ltd

Signature:	/s/ Samer Salah Abdelhaq
Name/Title:	Samer Salah Abdelhaq / Director
Date:	01/13/2026

Signature:	/s/ Eddy Skaf
Name/Title:	Eddy Skaf / Director
Date:	01/13/2026

L'imad Holding Company - P.J.S.C

Signature:	/s/ H.E. Jassem Mohamed Obaid Bu Ataba Alzaabi
Name/Title:	H.E. Jassem Mohamed Obaid Bu Ataba Alzaabi / Authorized Signatory
Date:	01/13/2026

FAQ

Who are the major shareholders disclosed for NIO (NIO) in this Schedule 13D/A?

The reporting persons are CYVN Investments RSC Ltd, a restricted scope company in Abu Dhabi Global Market, and its parent L'imad Holding Company - P.J.S.C, a public joint stock company incorporated in Abu Dhabi, United Arab Emirates.

How many NIO (NIO) shares do CYVN Investments and L'imad Holding beneficially own?

CYVN Investments and L'imad Holding report beneficial ownership of 418,833,157 NIO Class A ordinary shares, with sole voting and sole dispositive power over that same number of shares.

What percentage of NIO (NIO) Class A shares is held by the reporting persons?

The aggregate amount of 418,833,157 Class A ordinary shares held by the reporting persons represents 17.9% of NIO's Class A ordinary share class as disclosed in the document.

Who ultimately owns CYVN Investments and L'imad Holding in the NIO (NIO) ownership structure?

L'imad Holding wholly owns CYVN Investments, and L'imad Holding itself is wholly owned by the Government of Abu Dhabi, represented by the Abu Dhabi Department of Finance.

What is the primary business purpose of CYVN Investments in relation to NIO (NIO)?

CYVN Investments was established as a special purpose vehicle for holding ownership of equity and non-equity assets, including shares, debentures, bonds and other securities, as well as real property, intellectual property and other assets, which includes its stake in NIO.

Have the NIO (NIO) reporting persons faced recent criminal or securities law proceedings?

The disclosure states that during the last five years, none of the reporting persons, their directors or named officers has been convicted in a criminal proceeding, nor been subject to a judgment or final order related to federal or state securities law violations.