Core Viewpoint - The report from CITIC Securities highlights that Ninebot Company achieved a year-on-year revenue growth of 56.82% in Q3, driven by its two-wheeled vehicles and lawnmower businesses, maintaining a high growth trend [1] Financial Performance - The net profit margin for Q3 was 7.49%, which is a decrease of 1.33 percentage points compared to the previous year, slightly below market expectations [1] - The company reported a net profit of 546 million yuan for the quarter, reflecting a year-on-year increase of 45.86% [1] - The non-recurring net profit reached 486 million yuan, marking a year-on-year growth of 37% [1] Long-term Outlook - The company is actively expanding its product categories both domestically and internationally, indicating promising long-term growth potential [1] - The investment rating is maintained at "Buy" [1]