SCHEDULE: Abu Dhabi Entities Maintain Significant Stake in NIO

CYVN Investments and L'imad Holding, backed by the Government of Abu Dhabi, confirm their beneficial ownership of 17.9% of NIO Inc.'s Class A Ordinary Shares.

Summary

• CYVN Investments RSC Ltd and L'imad Holding Company P.J.S.C, both incorporated in the United Arab Emirates and ultimately owned by the Government of Abu Dhabi, are the reporting persons.
• The reporting persons beneficially own 418,833,157 Class A Ordinary Shares of NIO Inc.
• This ownership represents approximately 17.9% of NIO's Class A Ordinary Shares outstanding, based on 2,334,669,995 Class A shares outstanding as of December 31, 2025.
• The stake also represents approximately 16.9% of the total Ordinary Shares outstanding, based on an aggregate of 2,483,169,995 Ordinary Shares outstanding as of December 31, 2025.
• No transactions in NIO securities by the reporting persons or their directors have occurred in the past sixty days.
• Eddy Georges Skaf, a director of CYVN Investments, directly holds 60,000 Class A Ordinary Shares, representing less than 0.1% of the outstanding Class A shares.

Sentiment

Score: 7

Explanation: The filing confirms a stable, significant ownership stake by a major institutional investor, which is generally positive for market confidence. However, it is a routine update without new strategic announcements or financial performance data.

Positives

• The continued significant investment by a sovereign wealth fund (Government of Abu Dhabi) in NIO Inc. signals long-term confidence and stability in the company's prospects.
• The absence of recent transactions by the reporting persons indicates a stable, long-term holding strategy.

Future Outlook

The filing does not contain any forward-looking statements or guidance from NIO Inc. or the reporting persons regarding the issuer's future performance.

Industry Context

The continued substantial investment by a sovereign wealth fund in a leading electric vehicle manufacturer like NIO underscores the global strategic importance of the EV sector and the long-term investment horizon of major institutional players in this transformative industry.

Legal Proceedings

• Neither the reporting persons nor any of their directors have been convicted in a criminal proceeding or been a party to a civil proceeding resulting in a judgment, decree, or final order related to federal or state securities laws during the last five years.

Stakeholder Impact

• Shareholders may perceive increased stability and long-term commitment due to the continued significant stake held by a major institutional investor backed by the Government of Abu Dhabi.

Key Dates

Recommendation

The filing provides an update on a substantial, stable ownership stake by a sovereign wealth fund, which offers a degree of confidence in NIO. However, it does not introduce new information that would fundamentally alter the investment thesis for a strong buy or sell, merely confirming an existing significant position. Investors should continue to monitor NIO's operational and financial performance for further investment decisions.

Keywords

NIO, CYVN Investments, L'imad Holding, Abu Dhabi, EV, Electric Vehicles, Shareholding, Beneficial Ownership, Schedule 13D, SEC Filing