Niu Technologies reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 504.73 million compared to CNY 417.24 million a year ago. Net loss was CNY 54.8 million compared to CNY 60.34 million a year ago.

Basic loss per share from continuing operations was CNY 0.7 compared to CNY 0.78 a year ago. Diluted loss per share from continuing operations was CNY 0.7 compared to CNY 0.78 a year ago.