Group 1 - The core viewpoint of the report is a "buy" rating for Ninebot Company (689009.SH) based on strong performance expectations for electric scooters and lawnmowers in Q2 2025 [2] - Continued high growth trends for lawnmowers and sustained outperformance in the electric scooter segment are highlighted as key drivers for the positive outlook [2] - The report notes that scale effects are driving an increase in gross margin, while the appreciation of the Euro has led to a decrease in financial expense ratio for Q2 [2] Group 2 - Long-term profit elasticity remains for electric scooters, and the company has significant channel and cost advantages in the lawnmower segment [2] - There is a focus on the performance of E-Bikes as a potential area of growth [2]