NIO's chip subsidiary raised over 2.2 billion in its first round of financing: with a valuation of nearly 10 billion, top institutions such as Hefei State Investment, IDG, and SMIC Ventures participated.

On February 26, NIO announced that its chip subsidiary, Anhui Shenji Technology Co., Ltd., has completed the signing of a first-round equity financing agreement, with a financing amount exceeding 2.2 billion RMB and a post-investment valuation of nearly 10 billion RMB. This round of financing has attracted investment from multiple industry capital and industry leading institutions such as Hefei Guotou, Hefei Haiheng, IDG Capital, SMIC Polytron, and Yuanhe Puhua. This financing will help Shenji Company continue to research and promote high-end, competitive chip products, supporting NIO's long-term layout in the fields of autonomous driving and embodied intelligence. Anhui Shenji is the first company in China to research and develop 5nm vehicle-grade chips, and the first company to achieve large-scale commercial use. The performance of Shenji NX9031 chip, which "equals four chips in one," has always been at the forefront of domestic automotive chips. Since its production in 2024, it has accumulated shipments of over 150,000 sets, successfully deployed in all models of the NIO brand. After this round of financing, Shenji Company will also launch ultra-powerful performance chips for the next generation of intelligent driving and multiple chips for other areas. Shenji Company's previous orders mainly came from NIO, while also actively expanding into emerging businesses such as Siasun Robot&Automation, and Agent reasoning, providing complete chip and intelligent hardware solutions to various customers in the AGI era.