Core Insights - Ninebot Limited reported a strong performance in the first half of the year, achieving record high revenue and net profit, described as the "strongest half-year report" [1] Financial Performance - The company achieved revenue of 11.742 billion yuan, representing a year-on-year growth of 76.14% [1] - Net profit attributable to shareholders reached 1.242 billion yuan, with a year-on-year increase of 108.45% [1] Business Segments - Revenue from Ninebot's smart electric two-wheelers reached 6.823 billion yuan, marking a year-on-year growth of 101.70%, accounting for approximately 58% of total revenue [1] Market Trends - The domestic electric two-wheeler market saw continued improvement in industry conditions, with market share increasingly concentrating among leading companies [1] - Ninebot's sales of smart electric two-wheelers in China reached 2.39 million units in the first half of the year, reflecting a year-on-year growth of 99.5% [1] Production and Distribution - As of July 18, Ninebot's cumulative shipment of smart electric two-wheelers in the Chinese market surpassed 8 million units, achieving the latest 1 million unit increase in just 65 days [1] - The company is expanding its distribution channels, with over 8,700 dedicated electric two-wheeler stores in China by June 30, 2025 [1]
九号电动两轮车晒成绩单：上半年中国区销量239万台 同比几近翻倍