According to Zhitong Finance APP, NIO-SW (09866) has risen over 4%, with an increase of 4.18% as of press time, priced at 36.1 Hong Kong dollars, with a transaction volume of 0.145 billion Hong Kong dollars.

In terms of news, recently, the official Weibo, public account, and mini-program of NIO-SW's new brand "Firefly" have officially launched. It is introduced that Firefly symbolizes "a high-end small car brand originating from NIO's intelligent electric vehicles," targeting the high-end small car market, focusing on intelligence, quality, and safety, and is expected to be officially unveiled on Saturday (21st) at NIO Day 2024, with the first model set to commence deliveries in the first half of next year.

Firefly's President Jin Ge mentioned in an interview with 36KR Holdings Autos that the release time of Firefly in China and Europe will not differ much, with plans to launch in China in the first half of next year, while Europe may be delayed by a quarter. Reports indicate that Firefly is the third automotive brand released by NIO, following NIO and Ledo, focusing on the high-end small car market, aiming to compete in the same segment as BMW MINI and Mercedes-Benz Smart, rather than taking a cost-performance route. The new car is priced in the range of 0.15 million yuan, and in combination with NIO's BaaS (Battery as a Service) model, prices are expected to decrease further.