On May 20, 2022, NIO successfully listed its Class A ordinary shares on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) under the stock code "NIO", making NIO the first auto company listed on three Exchanges and the first Chinese company listed in New York, Hong Kong and Singapore.
"Today marks a new milestone for NIO. The listing on the SGX is of great importance to NIO's global business development. NIO has further strengthened its footing in the global capital markets with Singapore's strategic significance. Moreover, we will also leverage Singapore's advantageous position as an international financial and technology center. By collaborating with science and research institutions and establishing NIO's R&D center for AI and AD in Singapore, we will further broaden and enhance our global R&D footprint," said William Li, founder, chairman and chief executive officer of NIO.