Goldman Sachs: Expects to increase issuance of $1 billion in shares to support NIO-SW(09866.HK) in executing its product strategy.

Zhixun Financial APP learned that Goldman Sachs released a research report stating that NIO announced a $1 billion equity issuance plan, including the issuance of American depositary shares and Class A common shares, with an issuance price of $43.36 per share for Class A common shares and $5.57 per share for American depositary shares. In the past two quarters, NIO's new car models, including the NIO L90 and NIO ES8, have shown improved competitiveness. It is expected that deliveries in the third and fourth quarters will increase to 89,000 and 131,000 units, compared to 42,000 and 72,000 units in the first and second quarters.