Niu Technologies reported unaudited second quarter 2026 financial results for the period ended June 30, 2026. Revenues increased 14.7% year over year to RMB 1,440.4 million, driven by a 24.2% rise in e-scooter sales volume to 434,687 units. However, the company reported a net loss of RMB 102.2 million compared to a net income of RMB 5.9 million in the prior year period. Gross margin contracted to 16.0% from 20.1%, primarily due to shifts in product mix and rising supply chain costs. The company provided third quarter 2026 revenue guidance between RMB 1,863 million and RMB 2,033 million, representing a 10% to 20% year-over-year increase. Niu Technologies operates in the smart urban mobility industry, designing, manufacturing, and selling electric motorcycles, mopeds, bicycles, kick-scooters, and e-bikes.