Shandong Weida

Nio's upcoming announcement sends shares of its swap station provider soaring

Shandong Weida was up 6 percent in Shenzhen at press time, and up about 20 percent over the past month.

Nio's swap station supplier rises nearly 30% in three trading days

Shandong Weida, which trades in Shenzhen, rose with a daily limit of 10 percent on two days this week.