On September 16, information from the Tianyancha App revealed that Nanjing NIO Energy Co., Ltd. has recently undergone industrial and commercial alterations, elevating its registered capital from 20 million yuan to a substantial 250 million yuan. Established in July 2017, the company is headed by Wu Yan as its legal representative. Its operational scope encompasses the planning, design, research and development, construction, sales, and management of intelligent systems tailored for electric vehicles. Additionally, it is involved in the construction and operational oversight of charging and battery-swapping facilities for new energy vehicles. The company also handles the sales, operation, installation, and associated technological research and development of charging and battery-swapping infrastructure, energy storage systems, charging pile apparatus, and their constituent parts. Furthermore, it engages in automobile sales. Shareholder details indicate that the company is a fully-owned subsidiary of Wuhan NIO Energy Co., Ltd.