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Niu Technologies American Depositary Shares - NIU STOCK NEWS

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Niu Technologies (NASDAQ: NIU) is a leading provider of smart urban mobility solutions that transform the way people navigate cities. The company designs, manufactures, and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. Niu’s product portfolio includes a range of electric vehicles such as the NQi, MQi, UQi series, and the micro-mobility series like the KQi kick-scooters and BQi e-bikes. Powered by Bosch motors and Panasonic lithium-ion batteries, these vehicles are known for their durability, efficiency, and cutting-edge technology.

Headquartered in Beijing, Niu Technologies has rapidly expanded its market presence beyond China, establishing itself as a global brand with over 1200 points of sale across Europe and Asia. The company’s commitment to innovative design has earned it numerous prestigious international awards, including the German Red Dot, USA IDEA, and Japanese G-Mark.

Recent achievements include the successful launch of the MQiL model, which has quickly captured a significant market share in China. This model alone contributed to one-third of the company’s domestic sales in the second quarter of 2023. Additionally, the GOVA G400/G400T models have been recognized for their practicality and affordability. In the micro-mobility sector, Niu’s kick-scooters have also seen consistent growth.

Financially, Niu Technologies reported a revenue of RMB 828.8 million for Q2 2023, marking a slight year-over-year increase. However, the company experienced a net loss of RMB 1.9 million due to various operational costs and economic factors affecting the global market. Despite these challenges, Niu remains optimistic about future growth, with a projected revenue range of RMB 1,153 million to RMB 1,326 million for Q3 2023.

Committed to sustainability, Niu recently published its 2022 Environment, Social, and Governance (ESG) Report, outlining its initiatives in reducing carbon emissions and promoting eco-friendly urban transport solutions.

For detailed financial insights and the latest updates, investors can refer to the company’s official press releases and investor relations website.

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Niu Technologies (NASDAQ: NIU) announces third quarter financial results, reporting a 19.6% year-over-year decrease in revenues, with a net loss of RMB 79.4 million. E-scooter sales volume declined by 17.1%, attributed to conservative spending behavior in China. The company's strategic shift towards a mass-premium market segment is expected to drive future growth.
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Niu Technologies to report Q3 2023 financial results on November 20, 2023
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Niu Technologies provides sales volume results for Q3 2023, selling 265,923 units. New products contribute to 80% of total sales. Overseas micro-mobility market shows consistent growth. Launches innovative electric kick-scooter models.
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Niu Technologies (NIU) Announces Second Quarter 2023 Financial Results, with e-scooter sales up 1.5% year over year and revenues at RMB 828.8 million, a 0.1% increase. The company also reported a net loss of RMB 1.9 million, compared to net income of RMB 14.4 million in the same period last year. The financial results reflect increased sales volume offset by decreased revenues per e-scooter. The company's ESG Report for 2022 was also released, highlighting its ESG policies and sustainability initiatives.
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NIU Technologies (NASDAQ: NIU) will report its financial results for the second quarter 2023 on Aug 14, 2023. The corporate presentation and financials will be posted on NIU’s investor relations website. An earnings conference call will be held on the same day to discuss the results.
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Niu Technologies will report its financial results for Q2 2023 on August 14, 2023. The earnings conference call will be held at 8:00 AM ET to discuss the financial and business results.
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Niu Technologies (NASDAQ: NIU) has announced its sales volume results for the second quarter of 2023. The company sold a total of 211,996 units, with 178,567 units sold in the China market and 33,429 units sold in international markets. New products accounted for over 60% of total sales volume in the second quarter, with the MQiL model being a standout performer. The international markets saw significant growth, with a 48.3% year-over-year increase in sales volume in the micro-mobility sector. Niu's kick-scooter products also received prestigious international awards, which is expected to boost future sales.
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NIU Technologies (NASDAQ: NIU) filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC, making the report available on its investor relations website and the SEC's site. The company offers free hard copies of the annual report, including consolidated financial statements, to shareholders upon request.

NIU is recognized as a leading provider of smart urban mobility solutions, focusing on electric motorcycles, mopeds, bicycles, and kick-scooters. Its diversified portfolio includes six series of electric scooters and motorcycles, one kick-scooter series, and one e-bike series. The company integrates online and offline sales channels in its omnichannel retail model.

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FAQ

What is the current stock price of Niu Technologies American Depositary Shares (NIU)?

The current stock price of Niu Technologies American Depositary Shares (NIU) is $1.76 as of December 20, 2024.

What is the market cap of Niu Technologies American Depositary Shares (NIU)?

The market cap of Niu Technologies American Depositary Shares (NIU) is approximately 135.4M.

What products does Niu Technologies offer?

Niu Technologies offers high-performance electric motorcycles, scooters, bicycles, and kick-scooters. Key product series include NQi, MQi, UQi, and the KQi kick-scooter series.

Where are Niu Technologies' principal operations?

Niu Technologies primarily operates in the People's Republic of China, but it also has a significant presence in Europe and other regions.

What are some recent achievements of Niu Technologies?

Recent achievements include the successful launch of the MQiL model, which contributed to one-third of the company's domestic sales in Q2 2023, and consistent growth in their kick-scooter segment.

How has Niu Technologies performed financially in recent quarters?

In Q2 2023, Niu Technologies reported revenues of RMB 828.8 million with a net loss of RMB 1.9 million. They projected a revenue range of RMB 1,153 million to RMB 1,326 million for Q3 2023.

What awards has Niu Technologies received for its designs?

Niu Technologies has received over five prestigious international design awards, including the German Red Dot, USA IDEA, and Japanese G-Mark.

What sustainability initiatives has Niu Technologies undertaken?

Niu Technologies has published its 2022 Environment, Social, and Governance (ESG) Report, highlighting its efforts to reduce carbon emissions and promote eco-friendly urban transportation.

How can I get in touch with Niu Technologies’ investor relations?

You can contact Niu Technologies' investor relations via email at ir@niu.com.

What is the significance of the GOVA G400/G400T models?

The GOVA G400/G400T models are praised for their practicality and cost-effectiveness, contributing significantly to the company's market recognition.

Where can I find more financial information about Niu Technologies?

Detailed financial information and updates can be found on Niu Technologies' official investor relations website and in their press releases.

What is the business outlook for Niu Technologies?

Niu Technologies expects revenues for Q3 2023 to be in the range of RMB 1,153 million to RMB 1,326 million, indicating a potential year-over-year increase of up to 15%.

Niu Technologies American Depositary Shares

Nasdaq:NIU

NIU Rankings

NIU Stock Data

135.41M
69.18M
0.15%
10.4%
2.04%
Auto Manufacturers
Consumer Cyclical
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United States of America
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