NIU (NASDAQ: NIU) Form 144: Insider resale of 22,113 ADS reported

Rhea-AI Filing Summary

NIU Technologies submitted a Form 144 notice for proposed sales of ADSs, each representing two Class A ordinary shares, dated 03/16/2026. The filing lists 22113 ADS in the securities-to-be-sold section and describes the shares as "ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN" with "VESTING OF SHARE INCENTIVE PLAN".

The filing also records recent activity by Zhou Fion Wenjuan: a sale entry dated 01/12/2026 showing 10521 ADS and the figure 33918.65 adjacent to that row. The document identifies the broker as Citigroup Global Markets located at 390 Greenwich St, New York.

Insights

Securities Compliance Attorney

Form 144 signals an affiliate's planned resale of ADSs tied to equity compensation.

The filing explicitly lists ADSs "ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN" and notes "VESTING OF SHARE INCENTIVE PLAN" dated 03/16/2026. This frames the transaction as a resale of vested compensation rather than an issuance by the company.

Timing and exact proceeds treatment are set by the notice; subsequent Form 4 or broker-reported trades will confirm execution details. Cash-flow treatment and aggregate proceeds are not stated in the provided excerpt.

Equity Markets Analyst

Document records proposed disposition size and a recent prior sale by a named holder.

The excerpt shows 22113 ADS listed under "Securities To Be Sold" and a past entry for Zhou Fion Wenjuan on 01/12/2026 with 10521 ADS and the adjacent figure 33918.65. These are reported figures from the notice.

Investor impact depends on whether these notices translate to executed market sales; subsequent transaction reports will indicate actual market activity and realized proceeds.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS EACH REPRESENTING TWO CLASS A ORDINARY SHARES	CITIGROUP GLOBAL MARKETS 390 GREENWICH ST NEW YORK NY 10013	22113	82481.49	79803472	03/16/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS EACH REPRESENTING 2 CLASS A ORDINARY SHARES	03/16/2026	ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN	NIU TECHNOLOGIES			22113	03/16/2026	VESTING OF SHARE INCENTIVE PLAN

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Zhou Fion Wenjuan BUILDING C, RONGXIN TECHNOLOGY CENTER NO. 34 CHUANGYUAN ROAD BEJING F4 100012	ADS EACH REPRESENTING 2 CLASS A ORDINARY SHARES	01/12/2026	10521	33918.65

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does NIU's Form 144 filed 03/16/2026 disclose?

It discloses a proposed resale of ADSs, each representing two Class A ordinary shares, and lists 22113 ADS in the securities-to-be-sold section dated 03/16/2026.

Who is identified as a recent seller in the Form 144 for NIU?

The filing lists Zhou Fion Wenjuan with a sale entry dated 01/12/2026 showing 10521 ADS and the adjacent figure 33918.65 next to that row.

Are the ADSs tied to compensation in the NIU filing?

Yes. The filing describes the securities as "ACQUIRED STOCK UNDER COMPANY SHARE INCENTIVE PLAN" and cites "VESTING OF SHARE INCENTIVE PLAN" dated 03/16/2026, indicating vested compensation.

Which broker is listed on NIU's Form 144?

The document names Citigroup Global Markets at 390 Greenwich St, New York, as the broker shown on the filing for these ADS transactions.

Does the Form 144 state the cash proceeds to NIU from these sales?

The provided excerpt does not state proceeds to the issuer; the notice describes resale of ADSs tied to vested incentive shares without listing issuer proceeds.