NIO-SW (09866) rose more than 3% against the broader market trend. At the time of writing, the stock was up 3.42%, trading at HK$54.5, with a turnover of HK$130 million. On the news front, on April 9th, NIO officially unveiled its first flagship SUV, the NIO ES9, and commenced global pre-sales. The vehicle is positioned as an intelligent electric executive flagship SUV, with pre-sale prices starting from RMB 528,000. Chairman William Li previously stated that starting from the second quarter, the ES series will have a visibly positive impact on operating profit and is expected to become the model with the highest gross margin in NIO's SUV lineup. Notably, according to the company's plan, NIO will intensively launch the Ledao L80 and the new L90 model in the second quarter. In the second half of the year, the NIO brand will introduce a large five-seater version of the ES8. For the full year, NIO aims to maintain a growth rate of 40% to 50%. Previously disclosed delivery figures show that in the first quarter of this year, NIO delivered 83,500 vehicles, a year-on-year increase of 98.3%, nearly doubling. William Li expressed continued confidence in achieving the set delivery target, stating, "The entire company is not as frantic as last year; this year, overall, we are more composed. After launching several new models in the second quarter, we will focus steadily on sales."