CYVN to become Nio's largest shareholder, while William Li to retain most voting rights - CnEVPost
cnevpost.comSubmitted by cnevpostcom3548 in business
At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.