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Stock impact report

Niu Technologies Provides First Quarter 2024 Sales Volume Update [Yahoo! Finance]

Niu Technologies - American Depositary Shares (NIU) 
Last niu technologies - american depositary shares earnings: 3/16 03:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
urban mobility solutions, today provides its sales volume results for the first quarter of 2024. 1Q 2024 1Q 2023 YoY% China Market International Markets Total In the first quarter of 2024, NIU sold 129,139 units, with 110,115 units sold in China market and 19,024 units sold in international markets. In the domestic market, our new products have captured significant mindshare since their launch, collectively accounting for over 50% of the total sales volume in the first quarter. Notably, our premium flagship model NXT contributed 26% to the total domestic sales. This model builds upon and seamlessly integrates the legendary design of our N1 model with modern upgrades and cutting-edge technology. Within just two weeks of its launch, we secured over 10,000 pre-orders, a testament to its robust market reception. In the international markets, our comprehensive product lineup and significant progress in retail channel expansion have driven our sales volume to 19,024 units. Show less Read more
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