Wild horse battery fell to the limit in the afternoon, the controlling shareholder intends to reduce its stake in the company by no more than 3%.

Afternoon, NIO Battery hit the limit down, closing at 25.56 yuan, with a total market value of 6.68 billion yuan. NIO Battery announced that the company's controlling shareholder and chairman, Chen Yijun, controlling shareholder, director, and general manager Yu Guofeng, controlling shareholder, director, and vice general manager Chen Kejun plan to reduce their holdings of the company's shares through centralized bidding and block trading due to personal fund needs. Among them, Chen Yijun plans to reduce his holdings by no more than 1.95 million shares, accounting for 0.75% of the total share capital; Yu Guofeng plans to reduce his holdings by no more than 3.92 million shares, accounting for 1.5% of the total share capital; Chen Kejun plans to reduce his holdings by no more than 1.95 million shares, accounting for 0.75% of the total share capital.