Another "Middle Eastern tycoon" investing 15.7 billion yuan in NIO! Foreign capital has invested multiple times in Chinese car companies
因醉鞭名马幌
发表于 2023-12-19 12:15:27
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On December 18th, NIO announced that the company had signed a new round of share subscription agreement with Abu Dhabi investment firm CYVN Holdings L.L.C. through its subsidiary CYVN Investments RSC Ltd. CYVN will invest a total of $2.2 billion (approximately RMB 15.7 billion) in cash to subscribe to 294 million shares of the company's newly issued Class A common stock.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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