Who owns CYVN Holdings? The ownership chain, L'imad's stake and the 2026 deal
Facts checked
CYVN Holdings appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
L'imad wholly owns CYVN Investments, the entity that holds the NIO shares, following the January 2026 reorganisation of Abu Dhabi's holdings.
The short answer
| Controlled by | L'imad |
|---|---|
| Stake | 100% |
| Since | January 2026 |
| Kind | company |
| Recorded holdings | 1 |
| Origin | AE |
| Top of the chain | L'imad |
The chain, step by step
L'imad owns CYVN Holdings at 100% since January 2026.
L'imad wholly owns CYVN Investments, the entity that holds the NIO shares, following the January 2026 reorganisation of Abu Dhabi's holdings.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| L'imad | CYVN Holdings | owns | 100% | January 2026 |
What CYVN Holdings holds
Every current holding recorded from CYVN Holdings downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| NIO | holds a stake in | 20.1% | 27 December 2023 | CYVN Investments RSC Ltd of Abu Dhabi built its holding through an investment of about US$1.1 billion completed in July 2023 and a US$2.2 billion share subscription that closed on 27 December 2023 under an agreement dated 18 December 2023. Its Schedule 13D/A filed on 28 February 2024 reports 418,833,157 NIO Class A ordinary shares as of 26 February 2024 — 21.7% of the Class A shares and about 20.1% of all ordinary shares outstanding — with sole voting power over all of them. CYVN appointed two directors to NIO's board on 7 February 2024. |
Related
Sources for CYVN Holdings
- CYVN Investments RSC Ltd / U.S. Securities and Exchange Commission, Schedule 13D/A (Amendment No. 3) — NIO Inc., filed by CYVN Investments RSC Ltd. Read . Reports 418,833,157 NIO Class A ordinary shares, 21.7% of the class and about 20.1% of all ordinary shares, as of 26 February 2024.
- CnEVPost, Abu Dhabi merges CYVN's stake in Nio into new state-owned fund L'imad. Read .