NIO-SW (09866.HK): Issues Statement on Inclusion in U.S. DoD's List of Chinese Military Companies

NewTimeSpace News: NIO Group (09866.HK) released a voluntary announcement regarding its inclusion in the U.S. Department of Defense's List of Chinese Military Companies (CMC List). NIO holds that the inclusion is unjustified. The company is neither a Chinese military enterprise nor a participant in military-civil integration for China's national defense industry. The CMC List is not a sanctions list and will not affect the company's business or securities trading.

NewTimeSpaceNews: NIO Group (09866.HK) issued a voluntary announcement on June 9, 2026, responding to its inclusion in the U.S. Department of Defense's List of Chinese Military Companies.

The announcement stated that the U.S. Department of Defense has added the Company to its List of Chinese Military Companies (CMC List). The Company believes this inclusion is without valid grounds, as it is neither a Chinese military enterprise nor a contributor to military-civil integration supporting China's national defense industry.

The CMC List is not a sanctions list. The U.S. government procurement restrictions associated with the list will not impact the Company's business, nor does the list impose restrictions on trading of the Company's securities.

The Company will actively communicate with the U.S. Department of Defense to rectify the inclusion. It will take legal action when necessary to safeguard the interests of the Company and all shareholders.

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