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Li Bin Comments on Strategic Investment in CXMT
1 week ago /
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Author：小编
On July 15, news emerged indicating that on the preceding day, July 14, NIO was listed among the strategic investors for CXMT's Initial Public Offering (IPO), pledging to subscribe to RMB 158 million worth of shares with an 18-month lock-up period. According to reports, NIO serves as a cornerstone strategic partner of CXMT in the DRAM sector, and the two entities are set to collaborate on automotive-grade LPDDR4X and LPDDR5X products. Li Bin, the founder of NIO, remarked that the cooperation is advancing seamlessly and that the partnership with CXMT contributes to the stabilization of NIO's supply chain.
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