Southwest Airlines said on Friday it will require passengers to take out removable lithium batteries from powered wheelchairs and scooters before boarding, citing fire risks. ...

Company Overview - NIU was founded in 2014[3] - The company has 4,304 stores in China[3] - NIU products are sold in 53 countries[3,29] - The company has sold 5.7 million scooters globally[3] Sales Performance (Q2 2025) - China sales volume reached 319,000 units, a 54% year-over-year increase[41] - Overseas sales volume reached 33,000 units, a 36% year-over-year decrease[41] - Total revenue was RMB 1,256 million, a 34% year-over-year increase[41] Financial Metrics (Q2 2025) - Gross margin was 20.1% of revenues[45] - Adjusted operating expenses were 17.0% of revenues[45] - Net margin was -27.2%[50] - Adjusted net margin was -2.1%[53] Balance Sheet (June 30, 2025) - Cash, restricted cash, deposits & short-term investment totaled RMB 1,441 million[48] - Total assets amounted to RMB 3,094 million[48] - Total liabilities amounted to RMB 2,190 million[48]

1Q 2025 NIU at a glance 2014 Founded 4,119 Stores in China 53 Countries 5.4mn Scooters Sold Globally 29bn km Riding Data Data as of March 31, 2025 2 China market: Enriched product matrix based on the existing product series 3 Overseas : Enriched product series, with e-moped and e-motorcycle, kick- scooters and e-bike 4 Competitive edge in smart technologies with user-centric industrial design Our App Our Scooter Our battery 7th Winner of seven major international design awards Portable battery pack 5 Sales ...