Summary by Futu AI
NIO Inc., a leader in the premium smart electric vehicle market, has announced it will hold its Annual General Meeting (AGM) on June 25, 2024. The meeting is scheduled for 10:30 am Beijing time at the company's headquarters in Shanghai, China. Shareholders and holders of American depositary shares (ADSs) as of May 24, 2024, are eligible to vote at the AGM. The board of directors has expressed unanimous support for the proposed resolutions and recommends shareholder approval. NIO has also made its annual report on Form 20-F for the fiscal year ended December 31, 2023, available on its website and the SEC's website. The report includes audited financial statements and outlines the company's commitment to technological innovation, including its industry-leading battery swapping technologies and subscription services. The announcement also introduces ONVO, NIO's second smart electric vehicle brand, launched in May 2024, which focuses on family life and experiences.