The achievements of China's NEV industry have not come easily, and excessive, unhealthy competition is detrimental to the industry's development, Qin Lihong, Co-founder and President of NIO-SW (09866.HK) +1.700 (+3.163%) Short selling $198.25M; Ratio 36.450% , said. Qin supported regulatory governance. Firstly, there should be self-examination and introspection, even though no one wants to see it, everyone has more or less contributed to the situation. Secondly, companies must focus on their responsibilities and promptly report any misconduct they discover.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-24 16:25.)Related NewsNIO-SW Tumbles 7%+; Nomura Expects More Time Needed for Financial Improvement & Break-even by 2027