Niu Technologies filings document its foreign private issuer reporting as a Nasdaq-listed smart urban mobility company. Form 6-K current reports furnish press releases on sales-volume updates and unaudited financial results, including China and international unit sales, revenue trends, margins, net income or loss, and related operating highlights.
The company’s annual Form 20-F reporting covers audited consolidated financial statements and its business in electric motorcycles, mopeds, bicycles, kick-scooters and e-bikes. These disclosures describe NIU’s product lineups, omnichannel retail model, geographic markets, and public-company reporting framework.
Niu Technologies director Mei Wei Cheng had 40,000 restricted share units (RSUs) vest on October 19, 2026, receiving 20,000 American depositary shares (ADSs), each representing two Class A ordinary shares. Cheng also received an award of 80,000 RSUs on that date, scheduled to vest in two equal 40,000-RSU installments on October 19, 2027 and October 19, 2028. No Rule 10b5-1 plan is reported.
Niu Technologies (NIU) director Jinshu Zhang had 40,000 restricted share units vest on October 19, 2026, receiving 20,000 American depositary shares (ADSs) representing 40,000 Class A ordinary shares. His reported direct holdings after the transaction were 74,000 ADSs. Zhang was also granted 80,000 RSUs under the 2018 Share Incentive Plan, scheduled to vest in two equal annual installments of 40,000 RSUs on October 19, 2027 and October 19, 2028.
Niu Technologies director Changqing Ye had 40,000 restricted share units (RSUs) vest on October 19, 2026, receiving 20,000 American depositary shares (ADSs); each ADS represents two Class A ordinary shares. On the same date, he was granted 80,000 RSUs under the 2018 Share Incentive Plan, scheduled to vest in two equal annual installments of 40,000 on October 19, 2027 and October 19, 2028. His reported direct holdings after the transactions were 70,000 ADSs.
Niu Technologies (NIU) reported sales of 537,457 units in Q3 2026, compared with 465,873 in Q3 2025. China accounted for 490,406 units, up 9% year over year, while international markets accounted for 47,051, compared with 14,418 a year earlier. Year-to-date 2026 sales were 1,233,768 units versus 1,019,276 in year-to-date 2025.
NIU says the sales count is based on deliveries from its manufacturing facility and may vary slightly from sales measured for financial accounting and reporting; it also cautions that sales volume alone is not an indicator of quarterly financial results. NIU AIOS received a Red Dot Winner distinction in Interface & User Experience Design, and the company plans further technology integration across its product lineup.
Niu Technologies reported unaudited results for the quarter ended June 30, 2026. Revenues were RMB 1,440.4 million, up 14.7% year over year, driven by a 24.2% increase in e-scooter sales volume to 434,687 units, partially offset by lower revenue per scooter.
Gross margin fell to 16.0% from 20.1%, as product mix shifts in China, higher upstream supply chain costs and lower margins on international kick-scooters pressured profitability. Operating expenses rose 28.6% to RMB 340.6 million, with general and administrative expenses up sharply due mainly to adverse foreign-exchange movements.
The company recorded a net loss of RMB 102.2 million versus net income of RMB 5.9 million a year earlier; adjusted net loss (non-GAAP) was RMB 98.2 million. Cash, cash equivalents, term deposits and short-term investments totaled RMB 1,475.8 million with short-term bank borrowings of RMB 220.0 million. Management expects third-quarter 2026 revenue of RMB 1,863–2,033 million, a projected increase of 10–20% year over year.
Glory Achievement Fund Limited, Bull Group Limited and BULL TRUST report beneficial ownership of 65,693,947 Niu Technologies ordinary shares, representing 41.9% of the company based on 156,872,176 ordinary shares outstanding as of February 28, 2026, assuming conversion of all Class B ordinary shares into Class A ordinary shares.
From June 25 to July 23, 2026, Glory Achievement Fund Limited bought 837,918 ADSs (1,675,836 Class A shares) in open‑market transactions for approximately US$2.1 million, using its own working capital. The investors state they hold the position for investment purposes and may acquire or dispose of securities over time, subject to Niu Technologies' policies, including its insider trading policy.
Niu Technologies reported that it sold 434,687 electric two-wheelers in the second quarter of 2026, up from 350,090 units in the same quarter of 2025. China accounted for 402,202 units and international markets 32,485 units.
China sales volume increased by over 25% year-over-year, supported by demand for core models and new launches such as the long-range NX 2026 motorcycle. First-half 2026 sales reached 696,311 units versus 553,403 a year earlier, while management emphasized ongoing AI-enabled features and an omnichannel sales model. The company cautions that unit volume is only one element of overall financial performance.
Glory Achievement Fund Limited, Bull Group Limited and BULL TRUST report a 40.8% stake in Niu Technologies. They beneficially own 64,018,111 ordinary shares with sole voting and dispositive power, based on 156,872,176 ordinary shares outstanding as of February 28, 2026.
From June 12 to June 25, 2026, Glory Achievement Fund Limited purchased 823,178 ADSs, representing 1,646,356 Class A ordinary shares, in open-market transactions for approximately US$1.8 million, using its own working capital. The group states these holdings are for investment purposes and may increase or decrease its position over time.
Niu Technologies’ major shareholder Glory Achievement Fund Limited reports beneficial ownership of 62,371,755 ordinary shares, representing 39.8% of the company’s outstanding ordinary shares, including Class A and Class B on an as-converted basis as of February 28, 2026.
From March 13, 2026 through June 12, 2026, Glory Achievement Fund Limited purchased 1,064,110 ADSs, representing 2,128,220 Class A ordinary shares, in open-market transactions for approximately US$2.5 million using its own working capital. The reporting persons state the holdings are for investment purposes and may increase or decrease their position over time depending on market conditions and company developments.
Niu Technologies reported strong revenue growth but wider losses for the first quarter of 2026. Revenues reached RMB 909.5 million, up 33.4% year over year, driven by a 28.7% increase in e-scooter sales volume and a 5.6% rise in revenue per e-scooter.
China e-scooter revenue grew to RMB 773.6 million, up 41.6%, while international e-scooter revenue declined 15.2% to RMB 50.9 million. Gross margin was stable at 17.4%. Operating expenses rose 59.7% to RMB 263.6 million, increasing their share of revenue.
Net loss expanded to RMB 93.9 million from RMB 38.8 million, with net loss margin worsening to 10.3%. Adjusted non-GAAP net loss was RMB 88.0 million. Niu ended March 31, 2026 with RMB 1,163.3 million in cash, term deposits and short-term investments, and guided second quarter 2026 revenue to RMB 1,570–1,821 million, implying 25–45% growth.