At 7:35 a.m. ET on Monday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading highe ...

Accessibility StatementSkip Navigation CHANGZHOU, China, Nov. 19, 2025 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider in China, today announced that on November 7, 2025, its board of directors approved a reverse split of its ordinary shares on a one-for-twenty-five basis (the "Reverse Share Split"), and a change in par value of its ordinary shares to no par value. The Company's ordinary shares will b ...

Group 1 - The core point of the article highlights the significant stock price increases of several Chinese concept stocks, with notable gains in percentage terms [1] Group 2 - Mingzhu Freight (YGMZ) saw a price increase of 44.58%, closing at 0.1800, with a trading volume of 130 million [1] - Easy Electric (EZGO) experienced a rise of 37.90%, closing at 0.2001, with a trading volume of approximately 42.85 million [1] - Hengfeng Technology Innovation (FOFO) increased by 32.51%, closing at 11.740, with a trading volume of 2.03 million [1] - Haichuan Securities (MTC) rose by 25.34%, closing at 2.770, with a trading volume of 360 million [1] - Junchang Digital (EHGO) had a gain of 16.28%, closing at 0.4315, with a trading volume of 314,800 [1]

Core Viewpoint - Chinese concept stocks experienced significant gains, with Kuke Music leading the surge with a remarkable increase of 321.3% in its stock price [1]. Group 1: Stock Performance - Kuke Music (KUKEY) saw a price increase to 0.4213, up 321.3%, with a gain of 0.3213 and a trading volume of 1.22 billion [1]. - EZGO (EZGO) rose by 29.11% to 0.1752, gaining 0.0395, with a trading volume of 46.41 million [1]. - Gran Capital (GRAN) increased by 23.9% to 3.085, with a gain of 0.595 and a trading volume of 112,400 [1]. - Agencia Comercial Sp (AGCC) experienced a 19.81% rise to 6.410, gaining 1.060, with a trading volume of 1.25 million [1]. - New Oxygen (SY) rose by 19.24% to 3.470, with a gain of 0.560 and a trading volume of 9.95 million [1].

Core Viewpoint - Chinese concept stocks experienced significant declines, with the top five losers showing steep drops in their stock prices. Group 1: Stock Performance - Libang Kitchenware (LBGJ) fell by 50.93%, closing at 0.660, with a decrease of 0.685 and a trading volume of 3.6995 million [1] - Zhengye Biological (ZYBT) dropped by 39.64%, ending at 3.000, down by 1.970, with a trading volume of 8.2297 million [1] - Reaya Electronics (RAYA) decreased by 33.05%, closing at 0.0476, down by 0.0235, with a trading volume of 3.9496 million [1] - Xiao i Robot (AIXI) saw a decline of 23.21%, closing at 1.290, down by 0.390, with a trading volume of 1.4258 million [1] - Easy Electric (EZGO) fell by 16.08%, ending at 0.1879, down by 0.0360, with a trading volume of 0.9919 million [1]

Core Viewpoint - Chinese concept stocks experienced significant gains, with the top five performers showing substantial percentage increases in their stock prices [1] Group 1: Stock Performance - Youxin Technology (YAAS) saw a price increase of 42.17%, closing at 0.1062, with a trading volume of 83.76 million [1] - Easy Electric (EZGO) rose by 38.21%, ending at 0.2239, with a trading volume of 17.06 million [1] - Luda Technology (LUD) increased by 29.01%, closing at 14.720, with a trading volume of 0.87 million [1] - Mingteng International (MTEN) experienced a 23.35% rise, closing at 10.670, with a trading volume of 0.30 million [1] - Hengfeng Technology Innovation (FOFO) gained 20.24%, closing at 19.250, with a trading volume of 3.85 million [1]

Group 1 - The top five Chinese concept stocks that experienced the largest declines in closing prices are: EZGO down 39.68%, STAK down 28.36%, CNF down 17.9%, SFWL down 15.2%, and YB down 11.46% [1] - EZGO's latest price is 0.2051 with a decrease of 0.1349 and a trading volume of 1.38 million [1] - STAK's latest price is 1.010 with a decrease of 0.400 and a trading volume of 1.2087 million [1] - CNF's latest price is 0.4100 with a decrease of 0.0894 and a trading volume of 0.1286 million [1] - SFWL's latest price is 1.060 with a decrease of 0.190 and a trading volume of 0.0562 million [1] - YB's latest price is 23.305 with a decrease of 3.015 and a trading volume of 3.3121 million [1]

Group 1 - The top five Chinese concept stocks that experienced the largest declines in closing prices are EZGO, LXEH, LZMH, XTKG, and CCM [1] - EZGO (code: EZGO) dropped by 32.39%, closing at 0.3448 with a trading volume of 823,800 [1] - LXEH (code: LXEH) fell by 27.08%, closing at 2.100 with a trading volume of 1,100,600 [1] - LZMH (code: LZMH) decreased by 21.54%, closing at 4.480 with a trading volume of 2,158,200 [1] - XTKG (code: XTKG) declined by 15.24%, closing at 1.780 with a trading volume of 1,038,500 [1] - CCM (code: CCM) saw a drop of 11.00%, closing at 5.340 with a trading volume of 199,000 [1]

Core Viewpoint - EZGO Technologies Ltd. reported a narrowed net loss and increased gross profit for the first half of 2025, despite facing challenges in revenue due to competition in the battery market and the decision to dispose of its e-bicycle business [2][12][18]. Financial Highlights - Net revenues from continuing operations for the six months ended March 31, 2025, were approximately $6.6 million, a decrease of 3.5% from $6.8 million in the same period of 2024 [4]. - The net loss decreased significantly from $4.7 million in the first half of 2024 to $1.3 million in the first half of 2025 [12][22]. - Gross profit increased by 10.3% to $671,468, with a gross profit margin rising from 8.9% to 10.2% [10][12]. Revenue Breakdown - Revenue from sales of battery cells and packs decreased by 5.6% to $5.5 million, primarily due to lower sales volume in the lead-acid battery segment [5][6]. - Sales of electronic control systems fell by 13.9% to $636,356, attributed to a downward market environment [6]. - Maintenance service revenue surged by 105.2% to $360,350, driven by an expanding customer base [7]. Cost Structure - Cost of revenues decreased by 4.9% to $5.9 million, reflecting the decline in sales of battery cells and packs [9]. - Selling and marketing expenses decreased by approximately 21.1% to $117,772, due to a reduction in sales department headcount [13]. - General and administrative expenses dropped by 34.7% to $1.2 million, mainly due to reduced share-based compensation [14]. Discontinued Operations - The company decided to dispose of its e-bicycle business, resulting in a loss from discontinued operations of $0.2 million for the first half of 2025, down from $1.5 million in the same period of 2024 [18][19]. - Revenue from discontinued operations decreased by 57.5% to $752,748, primarily due to declining sales volume in the e-bicycle market [19]. Strategic Focus - The company is shifting its focus towards high-value services and lithium battery technology while optimizing its cost structure [3]. - A strategic decision was made to dispose of underperforming areas, particularly the e-bicycle business, to enhance overall performance [2][18].

Financial Performance - Net revenues for Fiscal Year 2024 were $21.1 million, a 32.7% increase from $15.9 million in Fiscal Year 2023, driven by higher sales of battery packs [7][9] - Gross profit increased by 32.5% to $1.5 million, with gross margin slightly decreasing from 7.2% to 7.1% [8][14][15] - Net loss widened to $8.1 million, up 11.4% from $7.3 million in Fiscal Year 2023, primarily due to increased impairment of long-term equity investment [8][21] - Cash and cash equivalents decreased significantly to $3.5 million as of September 30, 2024, compared to $17.3 million a year earlier [8][22] Business Segments - Battery packs and cells segment revenue surged 97.9% to $16.3 million, driven by increased market acceptance of lithium battery packs and large orders from major customers [9][10] - E-bicycle sales declined 32.2% to $2.9 million due to industry competition and the impact of the "Nanjing EV Charging Station Massive Fire" accident [3][11] - Electronic control system and intelligent robot sales decreased 40.2% to $1.4 million, with electronic control system sales increasing 211.4% while intelligent robot sales dropped significantly [12] Strategic Developments - The company shifted its business focus towards lithium-ion batteries (LIB) for low-speed e-bicycles, intensifying product development and partnerships with LIB manufacturers [3][4] - E-bicycle business transitioned from channel marketing to direct client marketing, focusing on the sharing and rental market [4] - The company invested in research and development for intelligent robotics, aiming to build a new product matrix despite the segment being in the market introduction phase [6] Operational Highlights - Research and development expenses increased 37.0% to $0.9 million, focusing on engineering vehicle wireless measurement and control systems [19] - Selling and marketing expenses decreased 9.5% to $0.6 million, primarily due to reduced advertising and business promotion expenses [16][17] - General and administrative expenses decreased 8.3% to $4.3 million, mainly due to reduced share-based compensation and depreciation expenses [18] Market and Industry Context - The company faced challenges in the e-bicycle market due to the "Nanjing EV Charging Station Massive Fire" accident, which led to a wait-and-see attitude among dealers and consumers [3] - Increased emphasis on environmental protection and construction safety within the industrial machinery sector boosted electronic control system sales [12] - The company's lithium battery pack sales volume increased by 256.5% year-over-year, reflecting strong market demand for high-performance battery solutions [10]