Niu Technologies reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 2,651.76 million compared to CNY 3,168.6 million a year ago. Net loss was CNY 271.84 million compared to CNY 49.46 million a year ago.

Basic loss per share from continuing operations was CNY 3.46 compared to CNY 0.64 a year ago. Diluted loss per share from continuing operations was CNY 3.46 compared to CNY 0.64 a year ago.