NIO Inc., a leading electric vehicle manufacturer, filed an amended annual report with the U.S. Securities and Exchange Commission (SEC) on April 28, 2023, addressing specific comments from the SEC staff regarding the original filing for the fiscal year ended December 31, 2022. The amendment pertains solely to the 'Disclosure Regarding Foreign Jurisdictions That Prevent Inspections' section of the original filing. NIO Inc. reported that as of December 31, 2022, there were 1,570,605,680 Class A ordinary shares and 148,500,000 Class C ordinary shares outstanding. The company is recognized as a well-known seasoned issuer and has complied with all reporting requirements of the Securities Exchange Act of 1934 over the past 12 months. NIO Inc. is classified as a large accelerated filer and has adhered to U.S. GAAP...Show More

NIO Inc., a leading electric vehicle manufacturer, filed an amended annual report with the U.S. Securities and Exchange Commission (SEC) on April 28, 2023, addressing specific comments from the SEC staff regarding the original filing for the fiscal year ended December 31, 2022. The amendment pertains solely to the 'Disclosure Regarding Foreign Jurisdictions That Prevent Inspections' section of the original filing. NIO Inc. reported that as of December 31, 2022, there were 1,570,605,680 Class A ordinary shares and 148,500,000 Class C ordinary shares outstanding. The company is recognized as a well-known seasoned issuer and has complied with all reporting requirements of the Securities Exchange Act of 1934 over the past 12 months. NIO Inc. is classified as a large accelerated filer and has adhered to U.S. GAAP for financial reporting. The company's auditor, PricewaterhouseCoopers Zhong Tian LLP, is no longer subject to the PCAOB's inability to inspect or investigate completely, as mainland China and Hong Kong were removed from the list of jurisdictions with inspection limitations. NIO Inc. does not anticipate being identified as a Commission-Identified Issuer under the HFCAA after filing this annual report. The company maintains effective control over NIO China, holding 92.114% of equity interests, with the remaining held by strategic investors. No governmental entity has a controlling financial interest in NIO Inc. or its consolidated foreign operating entities, including the VIEs. The company's business development is highlighted by its control over NIO China and its strategic partnerships with various investors. Looking forward, NIO Inc. is poised to continue its growth trajectory, leveraging its strong governance structure and market position.