NIO Inc. (NIO) to Offer 60M ADSs

NIO Inc. (NYSE: NIO) to offer 60 million American depositary shares, or ADSs. Each ADS represents one Class A ordinary share, par value US$0.00025 per share.

Morgan Stanley & Co. LLC and China International Capital Corporation Hong Kong Securities Limited are acting as representatives for the underwriters for the ADS Offering.

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