NIO Group released an official statement, noting that the company has become aware of its inclusion on the 'Chinese Military Enterprises' list (commonly referred to as the CMC list) by the U.S. Department of Defense. However, NIO firmly believes that this designation lacks any legitimate foundation. The company clarifies that it is neither a Chinese military enterprise nor involved in contributing to the military-civilian integration efforts within China's defense industry.

It is important to highlight that the CMC list does not constitute a sanctions list, and as such, the relevant procurement restrictions imposed by the U.S. government will not have an impact on NIO's business operations. Furthermore, these restrictions will not impede the trading of the company's securities. NIO is committed to engaging in proactive dialogue with the U.S. Department of Defense and, if deemed necessary, will pursue legal action to protect the interests of the company and its shareholders.