NIO Inc. (NIOIF) files foreign-issuer reports that transmit Hong Kong exchange announcements, delivery updates, annual report materials, board meeting notices, and annual general meeting records. The filings identify the company as a Cayman Islands issuer in the smart electric vehicle market with securities identified under NYSE, HKEX, and SGX symbols.
The company’s regulatory documents describe its weighted voting rights structure, including Class A ordinary shares and Class C ordinary shares, and state that American depositary shares represent Class A ordinary shares. Recent 6-K filings also document vehicle delivery updates by brand, publication of annual report materials, financial-results meeting procedures, record dates, and shareholder voting mechanics.
NIO Inc. director Collins Nicholas Paul has filed an initial ownership report showing his equity stake in the company. He holds 120,000 American depositary shares, with each ADS representing one Class A ordinary share. He also holds two grants of restricted share units, each tied to 93,985 Class A ordinary shares, granted under NIO’s share incentive plans. These RSUs have no expiration dates and will vest on February 5, 2027, and February 5, 2028, giving him the right to receive Class A ordinary shares as they vest.
NIO Inc. director Collins Nicholas Paul has filed an initial ownership report showing his equity stake in the company. He holds 120,000 American depositary shares, with each ADS representing one Class A ordinary share. He also holds two grants of restricted share units, each tied to 93,985 Class A ordinary shares, granted under NIO’s share incentive plans. These RSUs have no expiration dates and will vest on February 5, 2027, and February 5, 2028, giving him the right to receive Class A ordinary shares as they vest.
NIO Inc. executive vice president Shen Feng filed an initial ownership report showing direct holdings of stock options and American depositary shares. The filing lists several option grants over Class A ordinary shares, including 900,000 underlying shares at an exercise price of $1.8000 per share expiring on December 30, 2027, and other grants at exercise prices of $2.0500, $2.3900, and $2.5500 with expirations through 2030. A footnote states these options were granted under NIO’s share incentive plans and all have vested as of this Form 3. Shen also directly holds 22,947 American depositary shares, with each ADS representing one Class A ordinary share.
NIO Inc. executive vice president Shen Feng filed an initial ownership report showing direct holdings of stock options and American depositary shares. The filing lists several option grants over Class A ordinary shares, including 900,000 underlying shares at an exercise price of $1.8000 per share expiring on December 30, 2027, and other grants at exercise prices of $2.0500, $2.3900, and $2.5500 with expirations through 2030. A footnote states these options were granted under NIO’s share incentive plans and all have vested as of this Form 3. Shen also directly holds 22,947 American depositary shares, with each ADS representing one Class A ordinary share.
NIO Inc. director and president Qin Lihong filed an initial Form 3 detailing his equity interests in the company. The filing shows indirect ownership of 10,499,899 Class A ordinary shares through DX Mix Limited and 1 share through Prime Hubs Limited, plus 169,662 American depositary shares held directly, with each ADS representing one Class A share. He also holds several option awards over Class A shares with exercise prices of 2.39 and 2.55 expiring between 2028 and 2030, and multiple restricted share unit grants that will vest in stages from 06/01/2026 through 09/01/2029. The Form 3 records existing positions and does not report any new purchases or sales.
NIO Inc. director and president Qin Lihong filed an initial Form 3 detailing his equity interests in the company. The filing shows indirect ownership of 10,499,899 Class A ordinary shares through DX Mix Limited and 1 share through Prime Hubs Limited, plus 169,662 American depositary shares held directly, with each ADS representing one Class A share. He also holds several option awards over Class A shares with exercise prices of 2.39 and 2.55 expiring between 2028 and 2030, and multiple restricted share unit grants that will vest in stages from 06/01/2026 through 09/01/2029. The Form 3 records existing positions and does not report any new purchases or sales.
NIO Inc. filed an initial ownership report for Ganesh V. Iyer, CEO of NIO U.S., detailing his equity stake in the company. He directly holds 275,000 Class A ordinary shares and 480,762 American depositary shares, with each ADS representing one Class A ordinary share.
He also holds multiple vested employee stock options over Class A ordinary shares, including options covering 125,000 shares at an exercise price of $0.27 per share and 500,000 shares at $2.05 per share, with expiration dates between 2028 and 2030. According to the filing, all reported options have vested as of the Form 3 date, and the entries reflect holdings rather than new purchases or sales.
NIO Inc. filed an initial ownership report for Ganesh V. Iyer, CEO of NIO U.S., detailing his equity stake in the company. He directly holds 275,000 Class A ordinary shares and 480,762 American depositary shares, with each ADS representing one Class A ordinary share.
He also holds multiple vested employee stock options over Class A ordinary shares, including options covering 125,000 shares at an exercise price of $0.27 per share and 500,000 shares at $2.05 per share, with expiration dates between 2028 and 2030. According to the filing, all reported options have vested as of the Form 3 date, and the entries reflect holdings rather than new purchases or sales.
NIO Inc. director Lee Denny Ting Bun filed an initial ownership report detailing his equity interests in the company. He reports direct holdings of American depositary shares and restricted share units tied to NIO’s Class A ordinary shares.
The filing shows 360,765 American depositary shares held directly, with each ADS representing one Class A ordinary share. It also lists 131,869 restricted share units, which give a contingent right to receive Class A ordinary shares upon vesting. These restricted share units have no expiration date and are scheduled to vest on 09/12/2026 under NIO’s share incentive plans.
NIO Inc. director Lee Denny Ting Bun filed an initial ownership report detailing his equity interests in the company. He reports direct holdings of American depositary shares and restricted share units tied to NIO’s Class A ordinary shares.
The filing shows 360,765 American depositary shares held directly, with each ADS representing one Class A ordinary share. It also lists 131,869 restricted share units, which give a contingent right to receive Class A ordinary shares upon vesting. These restricted share units have no expiration date and are scheduled to vest on 09/12/2026 under NIO’s share incentive plans.
NIO Inc. director Long Annabelle Yu filed an initial statement of beneficial ownership. She reports direct holdings of 150,000 American depositary shares, each representing one Class A ordinary share. She also holds restricted share units covering 85,803 and 85,804 Class A ordinary shares that vest on 11/06/2026 and 11/06/2027, respectively, under NIO’s share incentive plans.
NIO Inc. director Long Annabelle Yu filed an initial statement of beneficial ownership. She reports direct holdings of 150,000 American depositary shares, each representing one Class A ordinary share. She also holds restricted share units covering 85,803 and 85,804 Class A ordinary shares that vest on 11/06/2026 and 11/06/2027, respectively, under NIO’s share incentive plans.
NIO Inc. filed a Form 3 showing that Chief Financial Officer Qu Yu holds several option and restricted share unit awards tied to Class A ordinary shares, plus American depositary shares. The holdings include options to acquire 64,585 shares at an exercise price of $3.6100 per share expiring on December 31, 2030, and other option grants with exercise prices ranging from $1.9400 to $2.5500 expiring between 2028 and 2030. Footnotes state these options were granted under NIO’s share incentive plans and are fully vested as of the Form 3 date. Qu Yu also holds multiple restricted share unit awards that vest on various dates from June 1, 2026 through September 1, 2029, each representing the contingent right to receive Class A ordinary shares upon vesting, and directly holds 215,088 American depositary shares, with each ADS representing one Class A ordinary share.
NIO Inc. filed a Form 3 showing that Chief Financial Officer Qu Yu holds several option and restricted share unit awards tied to Class A ordinary shares, plus American depositary shares. The holdings include options to acquire 64,585 shares at an exercise price of $3.6100 per share expiring on December 31, 2030, and other option grants with exercise prices ranging from $1.9400 to $2.5500 expiring between 2028 and 2030. Footnotes state these options were granted under NIO’s share incentive plans and are fully vested as of the Form 3 date. Qu Yu also holds multiple restricted share unit awards that vest on various dates from June 1, 2026 through September 1, 2029, each representing the contingent right to receive Class A ordinary shares upon vesting, and directly holds 215,088 American depositary shares, with each ADS representing one Class A ordinary share.
NIO Inc. director Wen Yonggang reported his equity holdings in a Form 3. The filing lists 120,000 American depositary shares, with each ADS representing one Class A ordinary share. It also shows two grants of restricted share units for 78,003 and 78,004 underlying Class A ordinary shares at an exercise price of 0.0000. These RSUs were granted under NIO’s share incentive plans and will vest on 11/06/2026 and 11/06/2027, respectively. The document reflects holdings only and does not show any buy or sell transactions.
NIO Inc. director Wen Yonggang reported his equity holdings in a Form 3. The filing lists 120,000 American depositary shares, with each ADS representing one Class A ordinary share. It also shows two grants of restricted share units for 78,003 and 78,004 underlying Class A ordinary shares at an exercise price of 0.0000. These RSUs were granted under NIO’s share incentive plans and will vest on 11/06/2026 and 11/06/2027, respectively. The document reflects holdings only and does not show any buy or sell transactions.
NIO Inc. reported very strong growth for the fourth quarter and full year 2025, highlighted by a return to quarterly profitability. In Q4 2025, total revenues reached RMB34,650.2 million, up 59.0% quarter over quarter and 75.9% year over year, as vehicle deliveries rose to 124,807 units.
Q4 vehicle margin improved to 18.1%, with gross margin at 17.5%. NIO generated RMB807.3 million profit from operations and a RMB282.7 million net profit, while non-GAAP operating profit was RMB1,251.3 million and non-GAAP net profit was RMB726.8 million.
For full year 2025, revenues were RMB87,487.5 million, up 33.1%, and deliveries reached 326,028 vehicles, up 46.9%. Despite this progress, NIO still recorded a full-year net loss of RMB14,942.6 million, though this narrowed by 33.3% from 2024. Management expects Q1 2026 deliveries of 80,000–83,000 units, implying 90.1%–97.2% year-over-year growth.
NIO Inc. reported very strong growth for the fourth quarter and full year 2025, highlighted by a return to quarterly profitability. In Q4 2025, total revenues reached RMB34,650.2 million, up 59.0% quarter over quarter and 75.9% year over year, as vehicle deliveries rose to 124,807 units.
Q4 vehicle margin improved to 18.1%, with gross margin at 17.5%. NIO generated RMB807.3 million profit from operations and a RMB282.7 million net profit, while non-GAAP operating profit was RMB1,251.3 million and non-GAAP net profit was RMB726.8 million.
For full year 2025, revenues were RMB87,487.5 million, up 33.1%, and deliveries reached 326,028 vehicles, up 46.9%. Despite this progress, NIO still recorded a full-year net loss of RMB14,942.6 million, though this narrowed by 33.3% from 2024. Management expects Q1 2026 deliveries of 80,000–83,000 units, implying 90.1%–97.2% year-over-year growth.
NIO Inc. adopted a new 2026 Share Incentive Plan and approved a large performance-based equity award for its chairman and CEO, Bin Li. The plan authorizes up to 248,454,460 Class A ordinary shares, equal to 10% of total outstanding shares as of February 28, 2026, for equity incentives over twelve years.
On March 6, 2026, NIO approved 248,454,460 restricted share units for Bin Li under this plan, split into ten equal tranches of 24,845,446 units. Each tranche vests only if demanding performance goals are met, including market capitalization thresholds from US$30 billion to US$120 billion and annual net profit targets from US$1.5 billion to US$6.0 billion, and if he remains in key leadership roles.
Multiple tranches can vest at once once targets are certified. Bin Li has irrevocably agreed not to sell, transfer, or dispose of any Class A shares issued under the plan for five years after each vesting, aligning his potential upside with long-term shareholder value creation.
NIO Inc. adopted a new 2026 Share Incentive Plan and approved a large performance-based equity award for its chairman and CEO, Bin Li. The plan authorizes up to 248,454,460 Class A ordinary shares, equal to 10% of total outstanding shares as of February 28, 2026, for equity incentives over twelve years.
On March 6, 2026, NIO approved 248,454,460 restricted share units for Bin Li under this plan, split into ten equal tranches of 24,845,446 units. Each tranche vests only if demanding performance goals are met, including market capitalization thresholds from US$30 billion to US$120 billion and annual net profit targets from US$1.5 billion to US$6.0 billion, and if he remains in key leadership roles.
Multiple tranches can vest at once once targets are certified. Bin Li has irrevocably agreed not to sell, transfer, or dispose of any Class A shares issued under the plan for five years after each vesting, aligning his potential upside with long-term shareholder value creation.