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2025 Performance Starts Strong but Weakens; Niu Technologies Reports Significant Narrowing of Annual Net Loss
** Caixin News ** In Q4 2025, NIU Technologies (NASDAQ: NIU) reported revenue of 676 million yuan, down 17.4% year-over-year; net loss of 81.1 million yuan, an increase of approximately 21.5% year-over-year. The company released its financial results for Q4 2025 and the full year on March 16, disclosing the above data.
Weak sales were the main reason for the company’s poor performance in Q4 2025. During the quarter, NIU sold a total of 172,800 electric two-wheelers, a decrease of 23.8% year-over-year. “The decline in Q4 sales is an expected result during the transition to the new national standard,” said NIU CEO Li Yan during the earnings call on the evening of March 16.