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NIO-SW: Inclusion in US List of Chinese Military Companies Lacks Justification
NIO-SW (09866.HK) stated that the Company noted that the U.S. Department of Defense has added the Company to its “Chinese military companies” list (CMC List).The Compan...
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NIO-SW: Inclusion in US List of Chinese Military Companies Lacks Justification
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NIO-SW (09866.HK)  +1.240 (+3.059%)    Short selling $66.66M; Ratio 24.874%   stated that the Company noted that the U.S. Department of Defense has added the Company to its “Chinese military companies” list (CMC List).

The Company believes its inclusion on the CMC List is not justified as it is not a Chinese military company or a military-civil fusion contributor to the Chinese defense industrial base.

The CMC List is not a sanctions list. The U.S. government procurement limitations tied to the list will not impact the business of the Company, and the CMC List does not restrict transacting in the securities of the Company.

The Company will proactively engage with the U.S. Department of Defense to correct this inclusion on the CMC List, including taking legal actions if necessary, to protect the interests of the Company and its shareholders as a whole.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-11 16:25.)

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