Niu Technologies Provides Third Quarter 2023 Sales Volume Update
07 10월 2023 - 5:05AM
Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the
world’s leading provider of smart urban mobility solutions, today
provides its sales volume results for the third quarter 2023.
|
3Q 2023 |
|
3Q 2022 |
|
YTD 2023 |
|
YTD 2022 |
China Market |
230,455 |
|
263,189 |
|
490,540 |
|
592,475 |
International Markets |
35,468 |
|
57,609 |
|
81,786 |
|
100,839 |
Total |
265,923 |
|
320,798 |
|
572,326 |
|
693,314 |
|
|
|
|
|
|
|
|
In the third quarter of 2023, NIU sold 265,923
units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters
and e-bikes. The number of units sold in China market and
international markets were 230,455 and 35,468, respectively.
Despite the overall slowdown of consumer
activity in China that affected our total sales volume compared to
the previous year, our newly released products have been well
received by our customers, contributing to approximately 80% of our
total sales in the third quarter (and approximately 60% of total
year-to-date sales). Among these products, over 1/3 of the sales
are from our new products launched this quarter. Our mass-premium
series products, which are co-branded with Kumamon, have generated
significant interest, while our F400T model, launched on August
8th, has received an overwhelming response. The live-stream
broadcast unveiling the F400T model attracted nearly 1 million
viewers and nearly 6,000 pre-orders.
Our sales in the overseas micro-mobility market
has experienced consistent quarter-on-quarter growth, with sales
reaching 34,360 units. Demand for our kick-scooters remains stable,
in line with our expectations for the continued development of this
segment. In September, we launched our latest electric kick-scooter
models – the KQi Air and KQi Air X. We believe these innovative
carbon fiber scooters are poised to revolutionize the ultra-light
electric scooter market and set a new standard for the industry.
These exceptional models further expand our international
kick-scooter product portfolio, demonstrating our commitment to
excellence, innovation, and sustainability. We see significant
potential for the overseas micro-mobility market, particularly in
Europe and the United States. Over the past few decades, the demand
for micro-mobility transportation has surged, establishing itself
as a dominant force in the incremental travel market and expanding
our consumer base to billions of users. We firmly believe that
micro-mobility will continue to offer immense potential for our
future growth.
Our sales volume count disclosed above is based
on the delivery from our manufacturing facility, which may vary
slightly from the sales volume measured from a financial accounting
and reporting point of view. NIU’s sales volume represents only one
measure of the company’s financial performance and should not be
relied upon as an indicator of quarterly financial results, which
depend on a variety of factors, including revenues from
accessories, spare parts and services, cost of sales, operating
expenses, etc.
About NIU
As the world’s leading provider of smart urban
mobility solutions, NIU designs, manufactures and sells
high-performance electric motorcycles, mopeds, bicycles and
kick-scooters. NIU has a diversified product portfolio that caters
to the various demands of our users and addresses different urban
travel scenarios. NIU’s product portfolio comprises its (i) six
electric scooter and motorcycle series, RQi, NQi, MQi, SQi, UQi,
and Gova, and (ii) two micro-mobility series, including
kick-scooter series, KQi, and e-bike series, BQi. NIU has adopted
an omnichannel retail model, integrating the offline and online
channels, to sell its products and provide services. For more
information, please visit www.niu.com.
Safe Harbor Statement
This press release contains statements that may
constitute forward-looking statements made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to”
and similar statements. Among other things, the business outlook
and quotations from management in this announcement, as well as
NIU’s strategic and operational plans, contain forward-looking
statements. NIU may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission, in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about NIU’s
beliefs, plans and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: NIU’s
strategies; NIU’s future business development, financial condition
and results of operations; NIU’s ability to maintain and enhance
its “NIU” brand; its ability to innovate and successfully launch
new products and services; its ability to maintain and expand its
offline distribution network; its ability to satisfy the mandated
safety standards relating to e-scooters; its ability to secure
supply of components and raw materials used in e-scooters; its
ability to manufacture, launch and sell smart e-scooters meeting
customer expectations; its ability to grow collaboration with
operation partners; its ability to control costs associated with
its operations; general economic and business conditions in China
and globally; and assumptions underlying or related to any of the
foregoing. Further information regarding these and
other risks is included in NIU’s filings with the Securities and
Exchange Commission. All information provided in this press release
is as of the date of this press release, and NIU does not undertake
any obligation to update any forward-looking statement, except as
required under applicable law.
For investor and media inquiries, please
contact:
Niu TechnologiesE-mail: ir@niu.com
Niu Technologies (NASDAQ:NIU)
과거 데이터 주식 차트
부터 12월(12) 2024 으로 1월(1) 2025
Niu Technologies (NASDAQ:NIU)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025