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Li Bin's internal speech: NIO must be profitable in the fourth quarter, this time it must rely on its own capabilities.
Jin10 data reported on August 30, since the L90 pre-release on July 7, NIO’s Hong Kong stocks have cumulatively risen nearly 90%, with market capitalization returning to the “billion” range. On August 29, Li Bin stated in a company-wide speech lasting about 90 minutes, “The phase test that will test our abilities is coming. At the beginning of the year, I mentioned that we should achieve profitability in the fourth quarter this year, and I estimate that less than 1% of people believed it. The fourth quarter is just over a month away, and looking at it now, although the challenges are indeed great, there is an opportunity.” (Later)