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On July 14, NIO appeared on Changxin Technology's IPO strategic investment list, promising a subscription amount of RMB 158 million and a lockdown period of 18 months. According to the disclosed information, NIO is Changxin Technology's DRAM cornerstone strategic partner, and the two sides will develop strategic cooperation on existing automotive-grade LPDDR4X and LPDDR5X products. Li Bin, founder and chairman of NIO, exclusively responded to First Finance today, saying, “Cooperation is progressing smoothly, and cooperation with Changxin Technology will help stabilize NIO's supply chain stability.
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On July 14, NIO appeared on Changxin Technology's IPO strategic investment list, promising a subscription amount of RMB 158 million and a lockdown period of 18 months. According to the disclosed information, NIO is Changxin Technology's DRAM cornerstone strategic partner, and the two sides will develop strategic cooperation on existing automotive-grade LPDDR4X and LPDDR5X products. Li Bin, founder and chairman of NIO, exclusively responded to First Finance today, saying, “Cooperation is progressing smoothly, and cooperation with Changxin Technology will help stabilize NIO's supply chain stability.
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