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NIO makes a strategic investment in Changxin Technology: both sides will build a stable, trust-based strategic supply relationship

MarsBitNews
Mars Finance news: the reporter has learned that NIO has become a strategic investor in ChangXin Technology. It has committed to subscribe for 158 million yuan, with a lock-up period of 18 months. The two sides will carry out strategic cooperation on existing automotive-grade LPDDR4X and LPDDR5X products, with the goal of building a stable, trust-based strategic supplier relationship. In recent years, NIO has continued to advance core underlying technologies such as chips, intelligent driving, and energy, and has continuously deepened strategic cooperation with key partners across the industry chain. (Securities Times)
NIO2.03%
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