Abu Dhabi will merge CYVN and its holdings in NIO into state-owned L'imad Holdings, injecting new vitality into NIO's operations and development.

Recently, Abu Dhabi, UAE, has officially integrated CYVN and its holdings in NIO Inc. into the state-owned investment platform L'imad Holding. L'IMAD Holding is an important state-owned investment vehicle in Abu Dhabi, positioned as the "fourth pillar of sovereign wealth" in the region. The board of directors is chaired by the Crown Prince of Abu Dhabi, with members including several senior government officials. Established less than a year ago, the institution has already completed transactions worth billions of dollars, with investments in infrastructure, real estate, financial services, advanced industries, smart cities, and other sectors. Market analysis points out that this move not only continues Abu Dhabi's long-term support for NIO, but also highlights the ongoing optimism of Middle Eastern capital towards the future of China's smart electric vehicle industry. This strategic integration by Abu Dhabi will further strengthen the long-term optimism and strategic resource support of Abu Dhabi's sovereign wealth fund for NIO, injecting new momentum into its operations and providing a more stable shareholder structure and financial support.