On the morning of July 6, renowned financial journalist Wu Xiaobo and a delegation of nearly a hundred entrepreneurs visited NIO's Xinqiao Second Factory in Hefei. During the visit, Li Bin, the founder of NIO, introduced the company's self-developed automotive-grade 5-nanometer intelligent driving chip, Shenji NX9031. This state-of-the-art chip has already been integrated into multiple NIO models, leading to a notable enhancement in the gross profit margin per vehicle, showcasing NIO's commitment to technological innovation and openness within the industry.