Li Bin's position at NIO Battery Technology Company has been changed from chairman to director.

Tianyancha's business information shows that recently, NIO Battery Technology Co., Ltd. has undergone a business change, with Li Bin transitioning from Chairman to Director. Zeng Shuxiang has stepped down from the legal representative and Director cum General Manager positions, and He Xu has taken over. The company was established in October 2022 with a registered capital of 2 billion RMB. Its business scope includes battery manufacturing, battery sales, research and development of electronic special materials, sales of graphite and carbon products, sales of new film materials, manufacturing of automotive components and parts, sales of new energy vehicle electrical accessories, sales of intelligent power distribution and control equipment, research and development of resource recycling technology, and development of artificial intelligence application software. Shareholder information shows that the company is wholly owned by NIO Holdings Limited.