NIO Inc. has announced the record date for determining shareholder eligibility to attend and vote at the upcoming annual general meeting (AGM). The record date is set for the close of business on May 24, 2024, Hong Kong time, for holders of Class A and Class C ordinary shares. Shareholders must lodge all valid transfer documents and share certificates with the appropriate registrar by the specified deadlines to participate in the AGM. Holders of American depositary shares (ADSs) will be able to instruct the depositary on voting their represented Class A ordinary shares at the AGM if they are registered by the close of business on May 24, 2024, U.S. Eastern Time. The company has a weighted voting rights structure, with Class A...Show More

NIO Inc. has announced the record date for determining shareholder eligibility to attend and vote at the upcoming annual general meeting (AGM). The record date is set for the close of business on May 24, 2024, Hong Kong time, for holders of Class A and Class C ordinary shares. Shareholders must lodge all valid transfer documents and share certificates with the appropriate registrar by the specified deadlines to participate in the AGM. Holders of American depositary shares (ADSs) will be able to instruct the depositary on voting their represented Class A ordinary shares at the AGM if they are registered by the close of business on May 24, 2024, U.S. Eastern Time. The company has a weighted voting rights structure, with Class A shares having one vote each and Class C shares having eight votes each. The AGM details, including date and location, will be announced later and provided to eligible shareholders along with proxy materials. The announcement was made by NIO Inc. on May 9, 2024, and includes a reminder of the potential risks associated with investing in a company with a weighted voting rights structure.