Li Bin responds to strategic investment in Changxin Technology
On July 14th, NIO appeared on Changxin Technology's IPO strategic investment list, committing to a subscription amount of 1.58 billion RMB, with a lock-in period of 18 months. The disclosed information shows that NIO is a strategic partner of Changxin Technology's DRAM foundation, and the two parties will carry out strategic cooperation on existing car-grade LPDDR4X and LPDDR5X products. NIO's founder and chairman, Li Bin, exclusively responded to First Finance today, stating that the current cooperation is progressing smoothly, and the partnership with Changxin Technology will help stabilize NIO's supply chain stability.
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