According to the Tianyancha App, on January 26th, NIO Innovation (Beijing) Technology Services Co., Ltd. was established, with Chen Tianyang as the legal representative and a registered capital of 250 million RMB. Its business scope includes artificial intelligence application software development, digital culture creative software development, new energy vehicle sales, charging pile sales, internet sales, clothing and clothing retail, used car brokerage, motor vehicle appraisal and evaluation, catering services, and food sales Tourism business, etc. The equity panoramic view shows that the company is wholly owned by NIO Automotive Sales and Services Co., Ltd., which is a wholly-owned subsidiary of NIO Holdings Limited.