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 March 2022
Commission File Number: 001-38638
NIO Inc.
(Registrant’s Name)
Building 20, 56 Antuo Road
Jiading District, Shanghai 201804
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 ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
EXHIBIT INDEX
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/ Wei Feng | |
| Name | : | Wei Feng | |
| Title | : | Chief Financial Officer | |
Date: March 10, 2022
Exhibit 99.1
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange ”) and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares or other securities of NIO Inc. (the “Company”). Prospective investors should read the listing document dated February 28, 2022 (the “Listing Document ”) for detailed information about the Company.
Unless otherwise defined in this announcement, capitalized terms in this announcement shall have the same meanings as those defined in the Listing Document.
NIO Inc.
(A company controlled through weighted voting rights and
incorporated in the Cayman Islands with limited liability)
(Stock Code: 9866)
(NYSE Stock Ticker: NIO)
SECONDARY LISTING BY WAY OF INTRODUCTION
ON THE MAIN BOARD OF
THE STOCK EXCHANGE OF HONG KONG LIMITED
Recent trading information in respect of the ADSs on the NYSE
and
Designated Dealer’s and Alternate Designated Dealer’s
respective designated dealer identity number
Joint Sponsors
| The Company issues this announcement to provide details of the recent trading information in respect of the ADSs on the NYSE and the Designated Dealer’s and Alternate Designated Dealer’s respective designated dealer identity number. |
| Prospective investors in the Class A ordinary shares should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), and the formal notice dated February 28, 2022 (the “Formal Notice”) issued by the Company before deciding to invest in the Class A ordinary shares. |
INTRODUCTION
Reference is made to the Listing Document and the Formal Notice dated February 28, 2022 issued by the Company.
As at the date of this announcement, there are 1,669,006,134 ordinary shares outstanding, comprising of 1,392,212,202 Class A ordinary shares (excluding 23,279,058 Class A ordinary shares issued and reserved for future issuance upon the exercising or vesting of awards granted under our Stock Incentive Plans), 128,293,932 Class B ordinary shares (all of which shall have been converted to Class A ordinary shares upon Listing pursuant to the conversion notice delivered by the relevant shareholders) and 148,500,000 Class C ordinary shares.
1
RECENT TRADING INFORMATION IN RESPECT OF THE ADSS ON THE NYSE
As disclosed in the section headed “Market Arrangements to Facilitate Dealings in Hong Kong – Investor Eduction – Arrangements involving our Company and the Joint Sponsors” in the Listing Document, the Company and Joint Sponsors will cooperate to inform the investor community in Hong Kong of, among other things, the recent trading information about the Company.
The following table sets out certain trading information in respect of the ADSs on the NYSE, including the Company’s daily high, low, closing price and trading volume, for the trading days in NYSE from February 22, 2022 (i.e. the trading day of the NYSE immediately following the Latest Practicable Day) to March 4, 2022, being the trading day of the NYSE immediately before the date of this announcement:
| Share Price | |||||||||||||||||||||||||
| As % | |||||||||||||||||||||||||
| of total | |||||||||||||||||||||||||
| Trading | issued | ||||||||||||||||||||||||
| Date | Day high | Day low | Closing Price | Volume | shares | ||||||||||||||||||||
| Equivalent | Equivalent | Equivalent | (in | ||||||||||||||||||||||
| USD | to HK$ | USD | to HK$ | USD | to HK$ | millions) | |||||||||||||||||||
| February 22, 2022 | 22.96 | 179.40 | 21.32 | 166.59 | 21.77 | 170.10 | 56.04 | 3.36 | % | ||||||||||||||||
| February 23, 2022 | 22.50 | 175.81 | 20.45 | 159.79 | 20.46 | 159.87 | 49.47 | 2.96 | % | ||||||||||||||||
| February 24, 2022 | 21.31 | 166.50 | 18.47 | 144.32 | 21.22 | 165.81 | 77.20 | 4.63 | % | ||||||||||||||||
| February 25, 2022 | 21.57 | 168.54 | 20.19 | 157.76 | 20.94 | 163.62 | 56.99 | 3.41 | % | ||||||||||||||||
| February 28, 2022 | 23.15 | 180.85 | 20.94 | 163.58 | 22.84 | 178.46 | 84.00 | 5.03 | % | ||||||||||||||||
| March 1, 2022 | 23.35 | 182.41 | 21.73 | 169.79 | 21.87 | 170.89 | 50.40 | 3.02 | % | ||||||||||||||||
| March 2, 2022 | 22.21 | 173.54 | 20.63 | 161.20 | 21.77 | 170.10 | 47.21 | 2.83 | % | ||||||||||||||||
| March 3, 2022 | 21.81 | 170.42 | 19.72 | 154.09 | 19.88 | 155.34 | 69.07 | 4.14 | % | ||||||||||||||||
| March 4, 2022 | 20.29 | 158.54 | 18.55 | 144.94 | 18.63 | 145.57 | 68.29 | 4.09 | % | ||||||||||||||||
The above trading information is provided for reference purpose only. The trading price of the Class A ordinary shares on the Hong Kong Stock Exchange following the Listing may not be the same as, and may differ from, that on the NYSE. Prospective investors should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), and the Formal Notice issued by the Company before deciding to invest in the Class A ordinary shares.
DESIGNATED DEALER’S AND ALTERNATE DESIGNATED DEALER’S DESIGNATED DEALER IDENTITY NUMBERS
As disclosed in the section headed “Market Arrangements to Facilitate Dealings in Hong Kong – Bridging Arrangements” in the Listing Document, upon the Listing and during the Bridging Period (being the 30-day period from and including the Listing Date), the Designated Dealer, Morgan Stanley Hong Kong Securities Limited, on its own account, will seek to undertake, or, under the circumstance that the trades cannot be undertaken by the Designated Dealer as a result of technical failures, request the Alternate Designated Dealer, China International Capital Corporation Hong Kong Securities Limited, to undertake certain trading activities in circumstances as described in that section. The Alternate Designated Dealer will only undertake trading activities at the request of the Designated Dealer.
2
Such arbitrage activities are expected to contribute to the liquidity of trading in the Shares in the Hong Kong market upon the Listing as well as to reduce potential material divergence between Share prices in the Hong Kong and New York markets.
As previously disclosed in the Formal Notice, the Designated Dealer and the Alternate Designated Dealer have each set up a designated dealer identity number, being 7681 and 7683, respectively, solely for the purposes of carrying out arbitrage trades under this exercise in Hong Kong, in order to ensure identification and thereby enhance transparency of such trades in the Hong Kong market. Any change in such designated dealer identity number(s) will be disclosed as soon as practicable by way of announcement on both the Hong Kong Stock Exchange’s website at www.hkexnews.hk and the Company’s website at https://ir.nio.com on or before the first day of the Bridging Period.
FURTHER ANNOUNCEMENTS
Dealings in the Class A ordinary shares on the Hong Kong Stock Exchange are expected to commence on March 10, 2022. As stated in the sections headed “Expected Timetable” and “Information about this Document and the Introduction” in the Listing Document, the Company will release further daily announcements on the Hong Kong Stock Exchange on March 8, 2022, March 9, 2022 and not later than 8:30 am on March 10, 2022 to disclose, among other things, the then previous trading day closing price of the ADSs on the NYSE.
The Company will, as soon as practicable and in any event no later than one business day before the Listing Date, release an announcement on the Hong Kong Stock Exchange to inform the investing public of (a) the number of Class A ordinary shares to be transferred to Hong Kong prior to Listing; and (b) the total number of Class A ordinary shares which will be registered on the Hong Kong share register.
| By Order of the Board | |
| NIO Inc. | |
| Bin Li | |
| Founder, Chairman and Chief Executive Officer |
Hong Kong, March 7, 2022
As at the date of this announcement, the board of directors of the Company comprises Mr. Bin Li, Mr. Lihong Qin, Mr. James Gordon Mitchell as the directors, and Mr. Hai Wu, Mr. Denny Ting Bun Lee and Ms. Yu Long as the independent directors.
For the purpose of illustration only, USD is translated into HK$ at the rate of USD1.00 = HK$7.8137. No representation is made that any amount in USD or RMB has been or could be converted at the above rate or at any rates or at all.
3
Exhibit 99.2
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange ”) and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares or other securities of NIO Inc. (the “Company”). Prospective investors should read the listing document dated February 28, 2022 (the “Listing Document”) for detailed information about the Company.
Unless otherwise defined in this announcement, capitalized terms in this announcement shall have the same meanings as those defined in the Listing Document.
NIO Inc.
(A company controlled through weighted
voting rights and
incorporated in the Cayman Islands with limited liability)
(Stock Code: 9866)
(NYSE Stock Ticker: NIO)
SECONDARY LISTING BY WAY OF INTRODUCTION
ON THE MAIN BOARD OF
THE STOCK EXCHANGE OF HONG KONG LIMITED
Previous trading day trading information in respect of the ADSs on the NYSE
Joint Sponsors
The Company issues this announcement to provide details of the previous trading day trading information in respect of the ADSs on the NYSE.
Prospective investors in the Class A ordinary shares should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), the formal notice dated February 28, 2022 (the “Formal Notice”) and the announcement regarding recent trading information in respect of the ADSs on the NYSE and the Designated Dealer’s and Alternate Designated Dealer’s respective designated dealer identity number dated March 7, 2022 (the “March 7 Announcement”) issued by the Company.
INTRODUCTION
Reference is made to the Listing Document, the Formal Notice and the March 7 Announcement issued by the Company.
As at the date of this announcement, there are 1,669,006,134 ordinary shares outstanding, comprising of 1,392,212,202 Class A ordinary shares (excluding 23,279,058 Class A ordinary shares issued and reserved for future issuance upon the exercising or vesting of awards granted under our Stock Incentive Plans), 128,293,932 Class B ordinary shares (all of which shall have been converted to Class A ordinary shares upon Listing pursuant to the conversion notice delivered by the relevant shareholders) and 148,500,000 Class C ordinary shares.
1
PREVIOUS TRADING DAY TRADING INFORMATION IN RESPECT OF THE ADSS ON THE NYSE
The following table sets out certain trading information in respect of ADSs (each representing one Class A ordinary share) on the NYSE, including the Company’s daily high, low, closing price and trading volume, for March 7, 2022, being the trading day of the NYSE immediately before the date of this announcement:
| ADS Price | |||||||||||||||||||||||||||||||||
| As % | |||||||||||||||||||||||||||||||||
| of total | |||||||||||||||||||||||||||||||||
| Trading | issued | ||||||||||||||||||||||||||||||||
| Date | Day high | Day low | Closing Price | Volume | shares | ||||||||||||||||||||||||||||
| Equivalent | Equivalent | Equivalent | (in millions) | ||||||||||||||||||||||||||||||
| USD | to HK$ | USD | to HK$ | USD | to HK$ | (ADSs) | |||||||||||||||||||||||||||
| March 7, 2022 | 20.03 | 156.51 | 18.04 | 140.96 | 18.12 | 141.58 | 79.09 | 4.74 | % | ||||||||||||||||||||||||
Such trading information is provided further to the disclosure in the section headed “Market Arrangements to Facilitate Dealings in Hong Kong” in the Listing Document and is for reference purpose only. The trading price of the Class A ordinary shares on the Hong Kong Stock Exchange following the Listing may not be the same as, and may differ from, that of the ADSs on the NYSE. Prospective investors should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), the Formal Notice and the March 7 Announcement issued by the Company.
Dealings in the Class A ordinary shares on the Hong Kong Stock Exchange are expected to commence on March 10, 2022. As stated in the section headed “Expected Timetable” and the section headed “Information about this Document and the Introduction” in the Listing Document, the Company will release further daily announcements on the Hong Kong Stock Exchange on March 9, 2022 and not later than 8:30 am on March 10, 2022 to disclose, among other things, the then previous trading day closing price of the ADSs on the NYSE during that period.
| By Order of the Board | |
| NIO Inc. | |
| Bin Li | |
| Founder, Chairman and Chief Executive Officer |
Hong Kong, March 8, 2022
As at the date of this announcement, the board of directors of the Company comprises Mr. Bin Li, Mr. Lihong Qin, Mr. James Gordon Mitchell as the directors, and Mr. Hai Wu, Mr. Denny Ting Bun Lee and Ms. Yu Long as the independent directors.
For the purpose of illustration only, USD is translated into HK$ at the rate of USD1.00 = HK$7.8137. No representation is made that any amount in USD or RMB has been or could be converted at the above rate or at any rates or at all.
2
Exhibit 99.3
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares or other securities of NIO Inc. (the “Company”). Prospective investors should read the listing document dated February 28, 2022 (the “Listing Document”) for detailed information about the Company.
Unless otherwise defined in this announcement, capitalized terms in this announcement shall have the same meanings as those defined in the Listing Document.
NIO Inc.
(A company controlled through weighted
voting rights and
incorporated in the Cayman Islands with limited liability)
(Stock Code: 9866)
(NYSE Stock Ticker: NIO)
SECONDARY LISTING BY WAY OF INTRODUCTION
ON THE MAIN BOARD OF
THE STOCK EXCHANGE OF HONG KONG LIMITED
Previous trading day trading information
in respect of the ADSs on the NYSE,
inventory to be held by Designated Dealer, number of Class A
ordinary shares to be transferred to Hong Kong prior to Listing and other clarifications
Joint Sponsors
The Company issues this announcement to provide details of the previous trading day trading information in respect of the ADSs on the NYSE.
Prospective investors in the Class A ordinary shares should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), the formal notice dated February 28, 2022 (the “Formal Notice”), the announcement regarding recent trading information in respect of the ADSs on the NYSE and Designated Dealer’s and Alternate Designated Dealer’s respective designated dealer identity number dated March 7, 2022 (the “March 7 Announcement”) and the announcement regarding previous trading day trading information in respect of the ADSs on the NYSE dated March 8, 2022 (the “March 8 Announcement”) issued by the Company.
1
INTRODUCTION
Reference is made to the Listing Document, the Formal Notice, the March 7 Announcement and the March 8 Announcement issued by the Company.
As at the date of this announcement, there are 1,669,006,134 ordinary shares outstanding, comprising of 1,392,212,202 Class A ordinary shares (excluding 23,279,058 Class A ordinary shares issued and reserved for future issuance upon the exercising or vesting of awards granted under our Stock Incentive Plans), 128,293,932 Class B ordinary shares (all of which shall have been converted to Class A ordinary shares upon Listing pursuant to the conversion notice delivered by the relevant shareholders) and 148,500,000 Class C ordinary shares.
PREVIOUS TRADING DAY TRADING INFORMATION IN RESPECT OF THE ADSS ON THE NYSE
The following table sets out certain trading information in respect of ADSs (each representing one Class A ordinary shares) on the NYSE, including the Company’s daily high, low, closing price and trading volume, for March 8, 2022, being the trading day of the NYSE immediately before the date of this announcement:
| ADS Price | |||||||||||||||||||||||||||||||||
| As % | |||||||||||||||||||||||||||||||||
| of total | |||||||||||||||||||||||||||||||||
| Trading | issued | ||||||||||||||||||||||||||||||||
| Date | Day high | Day low | Closing Price | Volume | shares | ||||||||||||||||||||||||||||
| Equivalent | Equivalent | Equivalent | (in millions) | ||||||||||||||||||||||||||||||
| USD | to HK$ | USD | to HK$ | USD | to HK$ | (ADSs) | |||||||||||||||||||||||||||
| March 8, 2022 | 18.75 | 146.51 | 17.58 | 137.36 | 17.98 | 140.49 | 74.77 | 4.48 | % | ||||||||||||||||||||||||
Such trading information is provided further to the disclosure in the section headed “Market Arrangements to Facilitate Dealings in Hong Kong” in the Listing Document and is for reference purpose only. The trading price of the Class A ordinary shares on the Hong Kong Stock Exchange following the Listing may not be the same as, and may differ from, that of the ADSs on the NYSE. Prospective investors should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), the Formal Notice, the March 7 Announcement and the March 8 Announcement issued by the Company.
As stated in the section headed “Expected Timetable” and the section headed “Information about this Document and the Introduction” in the Listing Document, the Company will release further announcement on the Hong Kong Stock Exchange not later than 8:30 am on March 10, 2022 to disclose, among other things, the then previous trading day closing price of the ADSs on the NYSE during that period.
2
INVENTORY TO BE HELD BY DESIGNATED DEALER
The Designated Dealer, Morgan Stanley Hong Kong Securities Limited, has built a sufficient inventory of securities in Hong Kong to enable it to carry out trading activities during the Bridging Period (i.e. from 9:00 a.m. on March 10, 2022 to 4:10 p.m. on April 8, 2022). As of the date of this announcement, the inventory of securities borrowed and to be held by the Designated Dealer amounts to a total of 41,400,000 Class A ordinary shares, representing approximately 2.7% of the Class A ordinary shares in issue immediately upon Listing (without taking into account the additional Shares to be issued under the Stock Incentive Plans, Class A ordinary shares issued and reserved for future issuance upon exercising or vesting of awards granted under our Stock Inventive Plan and assuming all Class B ordinary shares will be converted into Class A ordinary shares upon Listing). See section headed “Market Arrangements to Facilitate Dealings in Hong Kong – Bridging Arrangements” in the Listing Document for further details of the bridging and liquidity arrangements.
INFORMATION ON SHARES TO BE TRANSFERRED TO HONG KONG PRIOR TO LISTING
The 778,453,964 Class A ordinary shares held by the Depositary will be removed from the principal share register in the Cayman Islands and entered into the Hong Kong Share Register before 9:00 a.m. on the Listing Date (Hong Kong time). Holders of ADSs should give instruction to the Depositary if they wish to cancel their ADSs (and the applicable ADR(s) if the ADSs are held in certificated form) and receive Class A ordinary shares tradable on the Hong Kong Stock Exchange. See section headed “Information about this Document and the Introduction – Conversion between Class A ordinary shares trading in Hong Kong and ADSs” in the Listing Document for further details.
As at March 8, 2022, being the latest practicable time for the purpose of ascertaining the relevant information before the issue of this announcement, the Company has given instructions to the effect that (i) The 778,453,964 Class A ordinary shares (representing approximately 55.91% of the total number of issued Class A ordinary shares) held by the Depositary will be removed from the principal share register in the Cayman Islands and be entered into the Hong Kong Share Register and (ii) a total of 819,853,964 Class A ordinary shares (representing approximately 58.89 % of the total number of issued Class A ordinary shares, and including the underlying shares of the ADSs to be removed) will be registered on the Hong Kong Share Register, before 9:00 a.m. on the Listing Date (Hong Kong time).
Dealings in the Class A ordinary shares on the Hong Kong Stock Exchange are expected to commence on March 10, 2022.
3
OTHER CLARIFICATIONS
The Company would like to clarify that there was an inadvertent clerical error regarding the amount of consideration of the ESOP Capital Increase of the Battery Asset Company on page 236 under the section headed “Business” of the Listing Document. The amount of consideration shall be RMB72.0 million, instead of RMB72.0 billion as disclosed in the Listing Document. Save for the above, all information contained in the Listing Document remains unchanged.
The Board is of the view that the clarification on the inadvertent clerical error will not, pursuant to Rule 11.13 of the Hong Kong Listing Rules, constitute any significant change affecting any matter contained in the Listing Document and that no significant new matter has arisen, the inclusion of information in respect of which would have been required to be in the Listing Document if it had arisen before the Listing Document was issued, and therefore no supplementary listing document is required.
| By Order of the Board | |
| NIO Inc. | |
| Bin Li | |
| Founder, Chairman and Chief Executive Officer |
Hong Kong, March 9, 2022
As at the date of this announcement, the board of directors of the Company comprises Mr. Bin Li, Mr. Lihong Qin, Mr. James Gordon Mitchell as the directors, and Mr. Hai Wu, Mr. Denny Ting Bun Lee and Ms. Yu Long as the independent directors.
For the purpose of illustration only, USD is translated into HK$ at the rate of USD1.00 = HK$7.8137. No representation is made that any amount in USD or RMB has been or could be converted at the above rate or at any rates or at all.
4
Exhibit 99.4
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares or other securities of NIO Inc. (the “Company”). Prospective investors should read the listing document dated February 28, 2022 (the “Listing Document”) for detailed information about the Company.
Unless otherwise defined in this announcement, capitalized terms in this announcement shall have the same meanings as those defined in the Listing Document.
NIO Inc.
(A company controlled
through weighted voting rights and
incorporated in the Cayman Islands with limited liability)
(Stock Code: 9866)
(NYSE Stock Ticker: NIO)
SECONDARY LISTING BY WAY OF INTRODUCTION
ON THE MAIN BOARD OF
THE STOCK EXCHANGE OF HONG KONG LIMITED
Previous trading day trading information in respect of the ADSs on the NYSE
Joint Sponsors
The Company issues this announcement to provide details of the previous trading day trading information in respect of the ADSs on the NYSE.
Prospective investors in the Class A ordinary shares should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), the formal notice dated February 28, 2022 (the “Formal Notice”), the announcement regarding recent trading information in respect of the ADSs on the NYSE and Designated Dealer’s and Alternate Designated Dealer’s respective designated dealer identity number dated March 7, 2022 (the “March 7 Announcement”), the announcement regarding previous trading day trading information in respect of the ADSs on the NYSE dated March 8, 2022 (the “March 8 Announcement”) and the announcement regarding previous trading day trading information in respect of the ADSs on the NYSE, inventory to be held by Designated Dealer, number of Class A ordinary shares to be transferred to Hong Kong prior to Listing and other clarifications (the “March 9 Announcement”) issued by the Company.
1
INTRODUCTION
Reference is made to the Listing Document, the Formal Notice, the March 7 Announcement, the March 8 Announcement and the March 9 Announcement issued by the Company.
As at the date of this announcement, there are 1,669,006,134 ordinary shares outstanding, comprising of 1,392,212,202 Class A ordinary shares (excluding 23,279,058 Class A ordinary shares issued and reserved for future issuance upon the exercising or vesting of awards granted under our Stock Incentive Plans), 128,293,932 Class B ordinary shares (all of which shall have been converted to Class A ordinary shares upon Listing pursuant to the conversion notice delivered by the relevant shareholders) and 148,500,000 Class C ordinary shares.
PREVIOUS TRADING DAY TRADING INFORMATION IN RESPECT OF THE ADSS ON THE NYSE
The following table sets out certain trading information in respect of ADSs (each representing one Class A ordinary share) on the NYSE, including the Company’s daily high, low, closing price and trading volume, for March 9, 2022, being the trading day of the NYSE immediately before the date of this announcement:
| ADS Price | Trading | As % | ||||||||||||||||||||||||||||||
| Day high | Day low | Closing Price | Volume | of total | ||||||||||||||||||||||||||||
| Equivalent | Equivalent | Equivalent | (in millions) | issued | ||||||||||||||||||||||||||||
| Date | USD | to HK$ | USD | to HK$ | USD | to HK$ | (ADSs) | shares | ||||||||||||||||||||||||
| March 9, 2022 | 20.55 | 160.57 | 18.51 | 144.63 | 20.17 | 157.60 | 84.12 | 5.04 | % | |||||||||||||||||||||||
Such trading information is provided further to the disclosure in the section headed “Market Arrangements to Facilitate Dealings in Hong Kong” in the Listing Document and is for reference purpose only. The trading price of the Class A ordinary shares on the Hong Kong Stock Exchange following the Listing may not be the same as, and may differ from, that of the ADSs on the NYSE. Prospective investors should refer to the Listing Document (including the section headed “Risk Factors” contained in the Listing Document), the Formal Notice, the March 7 Announcement, the March 8 Announcement and the March 9 Announcement issued by the Company.
2
Dealings in the Class A ordinary shares on the Hong Kong Stock Exchange are expected to commence at 9:00 a.m. today. The Class A ordinary share will be traded on the Hong Kong Stock Exchange in board lots of 10 shares. The stock code is 9866. As stated in the section headed “Market Arrangements to Facilitate Dealings in Hong Kong” in the Listing Document, the Company will release further announcements on liquidity arrangements regarding the accumulated average daily trading volume of our Class A ordinary shares on the Hong Kong Stock Exchange on a weekly basis during the Bridging Period.
| By Order of the Board | |
| NIO Inc. | |
| Bin Li | |
| Founder, Chairman and Chief Executive Officer |
Hong Kong, March 10, 2022
As at the date of this announcement, the board of directors of the Company comprises Mr. Bin Li, Mr. Lihong Qin, Mr. James Gordon Mitchell as the directors, and Mr. Hai Wu, Mr. Denny Ting Bun Lee and Ms. Yu Long as the independent directors.
For the purpose of illustration only, USD is translated into HK$ at the rate of USD1.00 = HK$7.8137. No representation is made that any amount in USD or RMB has been or could be converted at the above rate or at any rates or at all.
3
Exhibit 99.5
NIO Inc. Successfully Listed on the Main Board of the Stock Exchange of Hong Kong
SHANGHAI, China, March 9, 2022 (GLOBE NEWSWIRE)—NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has successfully listed, by way of introduction, its Class A ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”). The Shares are traded on the Main Board of SEHK under the stock code “9866” in board lots of 10 Shares, and the stock short name is “NIO-SW”. The Company’s American depositary shares (the “ADSs”), each representing one Share, remain primarily listed and traded on the New York Stock Exchange (the “NYSE”). The Shares listed on the Main Board of the SEHK are fully fungible with the ADSs listed on the NYSE.
“Thanks to the trust of our users, the commitment of our colleagues, and the support of our investors and partners, NIO has successfully listed on the SEHK,” said William Bin Li, founder, chairman and chief executive officer of NIO. “While the automotive industry is going through rapid transformation, we will continue to make innovations in technologies, bring superior products and experiences to our users, and create long-term value for our investors.”
About NIO Inc.
NIO Inc. is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO differentiates itself through its continuous technological breakthroughs and innovations, such as its industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as its proprietary autonomous driving technologies and Autonomous Driving as a Service, or ADaaS. NIO launched the ES8, a seven-seater flagship premium smart electric SUV in December 2017, and began deliveries of the ES8 in June 2018 and its variant, the six-seater ES8, in March 2019. NIO launched the ES6, a five-seater high-performance premium smart electric SUV, in December 2018, and began deliveries of the ES6 in June 2019. NIO launched the EC6, a five-seater premium smart electric coupe SUV, in December 2019, and began deliveries of the EC6 in September 2020. NIO launched the ET7, a flagship premium smart electric sedan, in January 2021. NIO launched the ET5, a mid-size premium smart electric sedan, in December 2021.
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