The company said it has requested that dealers stop collecting any financial service fees in its name.
The company reported a net loss in the first quarter of 0 million, a 70 percent increase from a year ago, according to its financial statement. Nio sold 3,989 cars in the first quarter of 2019, less than half of what it sold in the fourth quarter of last year.
The company said it would send six aircraft on test flights in total and complete more than 1,000 compliance tests. Those aircraft will take test flights in Shanghai, Xi'an in Shaanxi province, Dongying in Shandong province, and Nanchang in Jiangxi province. Two other aircraft will only undergo ground tests, including static and fatigue tests.
The complete industrial chain for marine industry in Shandong covers marine life sciences, high-end equipment, seawater desalination and green marine chemical engineering.
The company is also driving innovation in a "in China for China" manner, and believes that "domestic industries in combination with international industries" are the right way of doing it.
The company plans to include both ads from Amazon and other advertisers, including click-through banners. The API works with?mobile apps on Kindle Fire, Kindle Fire HD and Android phones and tablets
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The company's net profit attributable to shareholders of listed companies during the period came in at 3.67 billion yuan.
The company saw total property sales on contracts reach 606.95 billion yuan (.3 billion) last year, with a combined area of 40.38 million square meters sold, the statement said.
The company, trading under the ticker symbol of "YJ," announced its IPO of 11 million American depositary shares (ADSs), at a price to the public of per ADS, for a total offering of approximately 1 million.
The company will propose to shareholders a new board structure with 11 members, six of whom will be external, as Nissan attempts to improve corporate governance in the wake of former chairman Ghosn's arrest for alleged financial misconduct.