09/10 2025
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On September 10, NIO revealed its intention to publicly issue up to 182 million Class A common shares, a move that encompasses the issuance of American Depositary Shares (ADS). The representatives of the underwriters for this share issuance are Morgan Stanley Asia Limited, UBS Securities Co., Ltd., the Hong Kong Branch of UBS AG, and the Hong Kong Branch of Deutsche Bank AG.
NIO clarified that the proceeds from this public offering of new shares will be allocated to the research and development of core technologies for intelligent electric vehicles. Additionally, the funds will support the development of future technology platforms and vehicle models under its brands, the expansion of its battery swap and charging infrastructure, as well as further bolstering the company's balance sheet. This, in turn, will enhance its financial robustness and provide the necessary financial backing for NIO's long-term growth.
Concurrently, NIO announced on the Singapore Exchange that it had requested a trading halt.
Data reveals that in the second quarter of this year, NIO delivered 72,056 vehicles, marking a year-on-year increase of 25.6% and a quarter-on-quarter surge of 71.2%. The revenue for the second quarter soared to RMB 19.01 billion, reflecting a year-on-year growth of 9.0% and a quarter-on-quarter rise of 57.9%.
Regarding the gross profit margin, the overall gross profit margin for the second quarter stood at 10.0%. Notably, the gross profit margin for other sales turned positive for the first time, reaching a record high of 8.2%.
NIO anticipates that its delivery volume for the third quarter of this year will range between 87,000 and 91,000 units, indicating a year-on-year increase of 40.7% to 47.1%. Furthermore, it is projected that the revenue for the quarter will fall between RMB 21.81 billion and RMB 22.88 billion, both setting new all-time highs.