Recently, NIO announced that it has signed a new round of share subscription agreement with CCYVN Holdings (hereinafter referred to as "CYVN"), an investment institution in Abu Dhabi, United Arab Emirates. CYVN, through its subsidiary, CYVN Investments, made a total of approximately US$2.2 billion (approximately $15.6 billion) to NIO in cash form900 million yuan) to become the largest shareholder of NIO.
The founder, Li Bin, is no longer a major shareholder of NIO! 】
According to statistics, since its establishment in 2015, NIO has raised more than 115 billion yuan. Li Bin once told ** that he transferred 50 million shares to the user trust when he was listed, and now the equity table has not been reduced, which means that he has long been not the largest shareholder in the economic sense, but because of the super voting rights, his voting rights are still the most, and the changes at the shareholder voting level are very small. Therefore, Li Bin is still the shareholder of the company with the largest voting rights, but it is unknown whether Li Bin has the right to veto on major matters.
Is NIO still a Chinese brand? 】
Many netizens may ask, since the major shareholder is already the UAE, is NIO still a Chinese brand? Actually, it's still counted. It's not just because NIO manufactures in China, the founding team still has voting rights. More importantly, the car brand was born in the first country, which is the brand of which country, which is also recognized all over the world. It's like Volkswagen bought Bentley, BMW bought Rolls-Royce. But to the world, Bentley, Rolls-Royce are still British car brands. Geely bought Volvo, but Volvo remained a Swedish brand. So from this point of view, NIO is still a Chinese brand.
Let's talk about a car brand that everyone is surprised by, Mercedes-Benz! Its largest shareholder is Geely! Holds Mercedes 969% of the shares and has voting rights, but Mercedes-Benz is still a German brand.
Middle Eastern capital is very fond of China's new power companies
In the field of new energy vehicles, in addition to investing in NIO, the Middle East ** has also invested in Human Horizons, Tianji Automobile, etc., both of which require to build factories in the Middle East. Why is Middle Eastern capital so favored by China's new power companies? The main reason is that Middle Eastern capital made its fortune because of oil, and the oil resources are becoming less and less, so Middle Eastern capital also needs to transform and invest in valuable companies all over the world with a lot of money. The new car-making forces are both new energy and high-tech, which is very much in line with their investment direction.
It doesn't matter who is the biggest shareholder, the important thing is to develop the brand well].
So who is the largest shareholder is not important for NIO at the moment. The most important thing is how to develop the NIO brand well. NIO will have a series of moves next, and on December 23 this year, NIO Day will release the ET9, which is NIO's flagship model. In 2024, a new brand of NIO will be released, focusing on entry. The battery swap business has reached battery swap cooperation with Changan and Geely. NIO will build a dedicated battery swap network and a shared battery swap network.
NIO still has a lot of business, and it doesn't seem to be very profitable at the moment, such as NIO phones, chips, batteries, and autonomous driving. Those money-losing businesses that have nothing to do with the main business, NIO are expanding, you say it is necessary, it is necessary, but it is difficult to bring profits in the short term. Therefore, in the future, NIO will still need to continue to raise funds in order to develop the brand.