Niu Technologies reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 478.69 million compared to CNY 612.27 million a year ago. Net loss was CNY 130.17 million compared to CNY 37.13 million a year ago.

Basic loss per share from continuing operations was CNY 1.66 compared to CNY 0.48 a year ago. Diluted loss per share from continuing operations was CNY 1.66 compared to CNY 0.48 a year ago.