Abu Dhabi in the UAE has officially consolidated CYVN and its shareholding in NIO Inc. into the state-owned investment platform L'imad Holding. L'IMAD Holding is a significant state-owned investment vehicle in Abu Dhabi, positioned as the local "fourth pillar of sovereign wealth," with its board chaired by the Crown Prince of Abu Dhabi and including several senior Abu Dhabi government officials. Established less than a year ago, the institution has already completed billions of dollars in transactions, with investment directions spanning infrastructure, real estate, financial services, advanced industries, smart cities, and other fields. Market analysis indicates that this move not only continues the long-term support for NIO by Abu Dhabi capital but also highlights the sustained optimism of Middle Eastern capital towards the prospects of China's intelligent electric vehicle industry. This strategic consolidation by Abu Dhabi will further strengthen the long-term confidence and strategic resource support for NIO from Abu Dhabi's sovereign wealth funds, infusing new momentum into NIO's operational development and providing it with a more stable shareholder structure and financial backing.