
股份 代號股份 代號: 9866 年報2023 .9 1.102.103.104.1204A.1865.1876.2117.2288.2329.23410.23511.26212.264 .279 13.28014.28015.28016A.28116B.28116C.28216D.28216E.28216F.28216G.28316H.28316I.28316J.28316K.283 . 285 17.28618.28619.286 295 303 318 2054920-F 193412(b)(g) 19341315(d)20231231 2 0 2 31 23 1( i ) 1 , 9 3 2 , 0 6 3 , 7 4 90 . 0 0 0 2 5A( i i )148,500,0000.00025C 405 19341315(d) (1)1219341315(d)(2)90 12S-T405232.405 12b-2 13(a) †201245 404(b)15U.S.C.7262(b) 240.10D-1(b) 1718 12b-2 1934121315(d) 20-F •ADAS•ADR•A•AI•••••A0.00025A•B0.00025BB2022825A•C0.00025C•••••ICE•GEM ••••AC0.00025•••• 7.09991.00H.1020231229 19953.D. A 1. 2. 3. (i)(ii) (i)(ii)ASC 810 2018420214202211202212 • • 4.C. 20212022202312311,3802002021202220231231608,92011,0501,5602021202220231231 A3.D.3.D. 3.D. 3.D. 3.D. ICP3.D. 2021122022215202321720233313.D. 20201218202212292023HFCAPCAOB20211216PCAOBPCAOB202252021123120-FHFCA20221215PCAOB2021121620-F20221231HFCA2023123120-FHFCAPCAOBPCAOB20-FHFCA3.D.PCAOBPCAOB3.D.PCAOBHFCA (i)(ii)5.B. SAFE2021202220231231389.021407.209422.56259.51720212022202312315,0005,4707703.D. (i)(ii) (1)(2)15%(3)10%5% 2021202220231231105,0105,01071020212022202312317003,2808,6901,220 2021202220231231202120222023123160707010 2022113020222023123120212022202312317,0105,840820 92.114%20221212202220231231 8.A.A10.E.20212022202312312021202220231231 A.[] B. C. D. A3.D. ••••••••• • • •(i)(ii)A • • • •A3.D. •3.D. • • •PCAOBPCAOB •PCAOBHFCA3.D.PCAOBHFCA A A ••••AA•AA ••••••••••• • • • • •NIOAssisted and Intelligent DrivingNAD • • • • • SUV-ES8SUV-ES7EL7SUV-ES6EL6SUV-EC7SUV-EC6ET9ET7ET5ET5T 202120222023123140.169144.371207.19829.18320212022202338.66013.8151.946 F1F2F1F2 202312F1F231.6202312F1F2 20222020423202010%2021202230%20222022123120221231202120222023 20187115%20182021122720221120212021 20236292023817300.0034×+0.2××××20212022202314%16%18%20212022202351,6506,7301,060150 2023619202411202512313202611202712311.5 4.B.10. NIO Technology 2.0NT2.0NADNADNAD (Power Home)(Power Swap)(Power Charger)(Destination Charger)(PowerMobile)(One Click for Power)(i)75(ii)100150 20211NIO app2020 2021329F1202152022420227ET7EC63.D. 2020820BaaSBaaS BaaSBaaSBaaSBaaS225%202012202142021820227BaaS19.4% BaaSBaaS20231231 2.0% ADASADASADASADASADASADASADAS 202120221020239 • • • • • •••••••••BaaS••• 2020120208202210 202389ADAS 20239 202210 NIO app • • • ID 20221220218 4.B. 202172021912021122022215 202111(i)(ii)1 2021 2021816(i)(ii)(iii)(iv) 2018525 • • • •••••••••• ES8ES7EL7ES6EL6EC7EC6 ET9 ET7 ET5ET5T 2023123149.0676.911 20232,630370202312311.1371,600 2021202220231231 2023120229720221010997ET5 2128 2020220204670NIO Power177.742.64.B. 2024330(i)(ii)(iii)(iv)20242024 2024 8.5%202712312028123120242024 60% AAA 2026202720292030 (i)120,000(ii)120,000(iii)50,000 20186ES82023123139.1225.510 • • • • • 202312314,6903,788 201927.5020244.50%202420242024212024202117.5020260.00%20267.5020270.50%202720239105.7520293.875%20295.7520304.625%203020231231130.42918.370(i)20244.50%(ii)20260.00%20270.50%(iii)20293.875%20304.625%(iv)(i)(ii)(iii)(iv)202312312023123198.21513.83320244.50%202422024213.0052026 2026202720258120262026812027202620272025812026202681202720262027202620261,00010.7458202720271,00010.745820262027202620272024212026202521202720262027100%20262027202426202620252620272020262027100%202620272026202720221.92920261.70520239202920302.55620262.4992.44420272.22020242202620263.005 202920302029203020292029101520302030101520292030202920291,00089.9685203020301,00089.9685202920302027101520292028101520302029203020292030100%202710222029202810222030202920291015203020301015202029203020292030100%20292030 2024226Forseven LimitedForsevenForsevenForsevenForseven • • • • • • 20152016201720182024201520162017201820242018201911202312312024202427201520162017A46,264,37818,000,00033,000,0002018A23,000,00020181.5%202419,288,470A20241.2%2024202422920152016201720182024123,804,348A20212023123158.4058.226 2002404 20024042019 2023123120231231 20172019 2020220204620212 20196ES84,803ES8 2010 2020COVID-19COVID-19COVID-19 20217 2010202220202022COVID-19 2018916,967,776A33,032,224C20194.B. 8.A. 2021(i)50%(ii) ICP4.C. (i)(ii)4.B.3.D. • • • • • 2021202220232021202220231231 ASC 8104.C. 100%100%100%4.C. 80%20%80%2.24%17.76%4.C. 153(b)A19C.05A PCAOBPCAOB PCAOBPCAOBPCAOB2022PCAOBPCAOBPCAOB20221215PCAOB20211216PCAOBPCAOB PCAOBHFCA HFCAPCAOB 20211216PCAOBPCAOB202252021123120-FHFCA20221215PCAOB2022123120-FHFCA2023123120-F PCAOBPCAOB20-FHFCAAAA 2019315202011 2021 202176 20232172023331(i)(ii)1001,000505001001,0002023217 4.B. 4.B.4.B. ICP(i)ICP(ii)(iii) 20226202281 90 10%50%202312314.B. 3020182019 2019 4.B.. 201712262018211201833 4.B. 2016 4.B. 200620092011 4.B. 202215% 2009828282(i)(ii)(iii)(iv)50% 25%10%10%20% 10%25%5%202015.A.202312315% 201527777 10%20171017372017121201861537 737 A A20223109866C19C.11A AA