EX-21.1 13 filename13.htm

Exhibit 21.1

Subsidiaries of the Registrant

Subsidiaries |  | Place of Incorporation |
Niu Technologies Group Limited |  | Hong Kong |
Beijing Niudian Information Technology Co., Ltd. |  | PRC |
Shanghai Niudian Trading Co., Ltd. |  | PRC |

Consolidated Affiliated Entity |  | Place of Incorporation |
Beijing Niudian Technology Co., Ltd. |  | PRC |

Subsidiaries of Consolidated Affiliated Entity |  | Place of Incorporation |
Jiangsu Xiaoniu Diandong Technology Co., Ltd. |  | PRC |
Shanghai Xiaoniu Internet Technology Co., Ltd. |  | PRC |
Changzhou Niudian International Trading Technology Co., Ltd. |  | PRC |