Skadden advised NIO Inc., a pioneer and a leading company in the global smart electric vehicle market, on its US$1.16 billion offering consisting of American depositary shares and Class A ordinary shares. The transaction closed on September 17, 2025. For more information, please see the company’s press release here.
The Skadden team was led by partners Shu Du and Jonathan Stone, with counsel Kenneth Chase, registered foreign lawyer Derek Li and associate Yaoshi (Kevin) Li, in Beijing and Hong Kong.