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Niu Technologies American Depositary Shares - NIU STOCK NEWS

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Rhea-AI Summary
Niu Technologies, a leading smart urban mobility solutions provider, filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. Shareholders can access the report on the investor relations website or request a hard copy free of charge.
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End-of-Day
0.97%
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Rhea-AI Summary
Niu Technologies, a leading smart urban mobility solutions provider, will release its first-quarter 2024 financial results on May 20, 2024. The earnings conference call will discuss the financial and business outcomes, with details available on the investor relations website. Participants can register in advance to join the call.
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End-of-Day
7.29%
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conferences earnings
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Rhea-AI Summary
Niu Technologies (NIU) reports a strong sales performance in the first quarter of 2024, with a total of 129,139 units sold, marking a 37% increase compared to the same period last year. The domestic market in China saw 110,115 units sold, while international markets contributed 19,024 units. The new products in the domestic market gained significant traction, accounting for over 50% of total sales, with the premium flagship model NXT driving 26% of domestic sales. International expansion efforts in key markets like the US, Germany, France, Spain, and other EU countries have been successful, reflecting a growing global presence in the electric two-wheeler market. The company anticipates continued growth in 2024 through the introduction of new models and expanded sales channels.
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Rhea-AI Sentiment
End-of-Day
17.07%
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Rhea-AI Summary
Niu Technologies Reports Fourth Quarter Revenues of RMB 478.7 Million, with a Net Loss of RMB 130.2 Million. Full Year Revenues Decline by 16.3% to RMB 2,651.8 Million, with a Net Loss of RMB 271.8 Million in 2023.
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Rhea-AI Sentiment
End-of-Day
-3.37%
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Rhea-AI Summary
Niu Technologies (NASDAQ: NIU) will release its financial results for Q4 and full year 2023 on March 18, 2024. An earnings conference call will discuss the results, accessible through registration. The company is a leading provider of smart urban mobility solutions.
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Rhea-AI Summary
Niu Technologies (NIU) Reports 4Q and Full Year 2023 Sales Volume Results, Sees Growth Opportunities in Diverse Product Portfolio
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Rhea-AI Summary
Niu Technologies (NIU) appoints Ms. Fion Wenjuan Zhou as new director of the board of directors. Ms. Zhou has an extensive background in finance and has held senior roles at Sogou Inc., Alibaba Group, and other leading companies in the industry.
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-2.74%
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management
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Rhea-AI Summary
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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2.12%
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Rhea-AI Summary
Niu Technologies to report Q3 2023 financial results on November 20, 2023
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-1.49%
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conferences earnings
Rhea-AI Summary
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 American Depositary Shares

Nasdaq:NIU

NIU Rankings

NIU Stock Data

176.92M
89.81M
14.36%
1.69%
Motorcycle, Bicycle, and Parts Manufacturing
Manufacturing
Link
United States of America
Beijing

About NIU

niu is a team of technologists, industrial designers, engineers and creatives that have come together to change the way urbanites explore their city. we have redefined what customers can expect out of the world's #1 smart scooter; powered by a bosch motor and panasonic lithium-ion battery. our scooters have won 5+ prestigious international design awards including the german red dot, usa idea and the japanese g-mark. niu currently design, manufacture and sell high-performance smart e-scooters. we have a streamlined product portfolio consisting of three series: n, m and u. multiple models and specifications are available direct to the consumer, for cargo and also sharing markets. in just three short years, niu has gone from a single product launch in china, to a truly global brand with more than 1200 points of sale across europe and asia. it's time to go and #unlockyourcity english website: english email: www.niu.com/en/ hello@niu.com