NIO-SW's Hong Kong-listed shares experienced a significant rise during Monday's early trading session. At the time of reporting, the stock had climbed 7.05% to HK$52.2 per share, bringing its total market capitalization to HK$128.6 billion. The surge follows weekend comments from CEO Li Bin, who reaffirmed his confidence in the company's annual delivery target during the China EV 100 forum. Li Bin stated that since the second half of last year, NIO has entered its third phase of development and expects delivery growth to reach 40% to 50% this year. The company's first-quarter performance, which saw a 98.3% year-on-year increase, has laid a solid foundation for achieving its full-year target. Investor sentiment has also been boosted by the continued strong sales of the refreshed ES8 model and the commencement of pre-sales for the more premium ES9. Data released today shows that the third-generation ES8 achieved retail sales of 16,255 units in March, marking the fourth consecutive month it has topped sales charts for vehicles priced above 400,000 yuan in China. The model reached 90,000 deliveries in just 195 days, with weekly deliveries consistently exceeding 3,000 units. Additionally, pre-sales for the new flagship SUV ES9 began last Thursday with a starting price of 528,000 yuan, which is 31% lower than the ET9 sedan equipped with similar advanced technology. The ES9 is expected to officially launch in late May, with deliveries commencing on June 1st.