NIU

Niu Technologies Provides Fourth Quarter and Full Year 2023 Sales Volume Update

Retrieved on: 
Sabato, Gennaio 6, 2024

In the fourth quarter of 2023, NIU sold 137,476 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes.

Key Points: 
  • In the fourth quarter of 2023, NIU sold 137,476 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes.
  • The macro environment in China, which has been recovering at a relatively slow pace, along with the usual cyclical fourth-quarter weakness, acted as a drag on NIU’s domestic sales volume.
  • Our offline retail sales exceeded 80% of the total micro-mobility sales volume, marking a significant increase from the 46% a year ago.
  • Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view.

Alimera Completes Recruitment for the Synchronicity Study

Retrieved on: 
Giovedì, Gennaio 4, 2024

ATLANTA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Alimera Sciences, Inc. (Nasdaq: ALIM) (“Alimera”), a global pharmaceutical company whose mission is to be invaluable to patients, physicians and partners concerned with retinal health and maintaining better vision longer, today announces that it has completed enrollment for the company’s Synchronicity Study, a prospective, open-label clinical study evaluating the safety and efficacy of YUTIQ (fluocinolone acetonide intravitreal implant 0.18mg) in the treatment of chronic non-infectious uveitis and related intraocular inflammation.

Key Points: 
  • ATLANTA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Alimera Sciences, Inc. (Nasdaq: ALIM) (“Alimera”), a global pharmaceutical company whose mission is to be invaluable to patients, physicians and partners concerned with retinal health and maintaining better vision longer, today announces that it has completed enrollment for the company’s Synchronicity Study, a prospective, open-label clinical study evaluating the safety and efficacy of YUTIQ (fluocinolone acetonide intravitreal implant 0.18mg) in the treatment of chronic non-infectious uveitis and related intraocular inflammation.
  • “We are pleased to reach the enrollment target for this Phase 4 open-label study only a few short months after our acquisition of YUTIQ,” said Rick Eiswirth, Alimera’s President and Chief Executive Officer.
  • “We look forward to the initial readout from this study in the second half of next year to provide retina specialists with a broader sense of the utility of fluocinolone acetonide in a durable intravitreal implant across a variety of patients with chronic non-infectious uveitis affecting the posterior segment (NIU-PS).
  • This could potentially benefit both YUTIQ in the United States and ILUVIEN in Europe and the Middle East, where it is approved to treat chronic NIU-PS.”

Niu Technologies Announces Appointment of New Director of the Board of Directors

Retrieved on: 
Venerdì, Dicembre 22, 2023

BEIJING, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announces that the Company has appointed Ms. Fion Wenjuan Zhou as a new director of the board of directors of the Company (the “Board”), effective from December 25, 2023.

Key Points: 
  • BEIJING, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announces that the Company has appointed Ms. Fion Wenjuan Zhou as a new director of the board of directors of the Company (the “Board”), effective from December 25, 2023.
  • Ms. Fion Zhou has served as the chief financial officer of the Company since November 2021, and she was awarded “Female CFO of the Year” by the Barron’s China in 2022.
  • Prior to that, she also held senior finance roles at Viadeo S.A. in Paris and Concord Medical Services Holdings Limited in New York City.
  • Ms. Zhou is a member of the American Institute of Certified Public Accountants and a Chartered Global Management Accountant.

Roivant and Priovant Announce Results from Phase 2 Study of Oral Brepocitinib in Systemic Lupus Erythematosus

Retrieved on: 
Lunedì, Novembre 27, 2023

Priovant plans to disclose the study data at a future date.

Key Points: 
  • Priovant plans to disclose the study data at a future date.
  • “We saw some of the highest SRI-4 responder rates ever observed in a lupus study in the active arm of this trial, along with a favorable safety and tolerability profile.
  • Unfortunately, we also saw the highest placebo response rate observed in any significant SLE study, and as such it was not possible to truly assess the impact of the drug, or to establish sufficient differentiation from other therapies in lupus patients.
  • Oral brepocitinib has demonstrated statistically significant clinically meaningful benefit in six completed placebo-controlled Phase 2 studies in psoriasis, psoriatic arthritis, alopecia areata, hidradenitis suppurativa, ulcerative colitis, and Crohn’s disease.

Niu Technologies Announces Third Quarter 2023 Financial Results

Retrieved on: 
Lunedì, Novembre 20, 2023

BEIJING, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Accessories, spare parts sales and services revenues were RMB 94.4 million, a decrease of 4.5% and represented 10.2% of total revenues.
  • Net loss was RMB 79.4 million, compared with net income of RMB 2.9 million in the third quarter of 2022.
  • NIU expects revenues of the fourth quarter 2023 to be in the range of RMB 490 million to RMB 612 million, representing a year-over-year decrease of 20% to 0%.
  • The Company will host an earnings conference call on Monday, November 20, 2023 at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) to discuss its third quarter 2023 financial and business results and provide a corporate update.

Electrify Expo Goes Big In Austin With Record EV Debuts and More Than 20,000 Demo Rides

Retrieved on: 
Mercoledì, Novembre 15, 2023

From the leading automotive brands to innovators in electric mobility, attendees got to experience a full weekend of exciting demo drives, brand interactions, breaking news and educational conversations.

Key Points: 
  • From the leading automotive brands to innovators in electric mobility, attendees got to experience a full weekend of exciting demo drives, brand interactions, breaking news and educational conversations.
  • “The popularity of EVs in Austin has shot through the roof,” said BJ Birtwell, founder and CEO of Electrify Expo.
  • “Attendees got to experience EVs in real, meaningful ways on multiple demo courses, including the famed F1 race track.
  • For the first time, Industry Day included automotive and micromobility press conference tours where multiple announcements were made from leading brands, including;

ComEd, EPRI Collaborate on Sustainable Electric Technology to Help Grow Healthy Food Year-Round

Retrieved on: 
Mercoledì, Dicembre 13, 2023

The container uses electric technologies to create a microclimate that optimizes plant production and helps meet other community energy, water, and sustainability goals.

Key Points: 
  • The container uses electric technologies to create a microclimate that optimizes plant production and helps meet other community energy, water, and sustainability goals.
  • “ComEd is proud to collaborate on this exciting project that will help sustainably increase access to healthy food in our communities and provide agricultural learning opportunities using this innovative farming method,” said Gil C. Quiniones , CEO of ComEd.
  • “This project has brought together more than 20 neighborhood organizations all committed to the same vision of healthy lives and healthy families.
  • Other trackable data will help address questions regarding distribution planning, rate design, and larger societal benefits.

NIU Technologies Launches Its First-Ever Fully Electric Dirt Bike

Retrieved on: 
Venerdì, Novembre 10, 2023

LOS ANGELES, Nov. 10, 2023 /PRNewswire/ -- NIU Technologies, the world-renowned leader in two-wheeled electric vehicles, is proud to announce the launch of its first-ever electric dirt bike, the NIU XQi3. This contemporary electric vehicle combines the latest technology and sleek design to deliver a thrilling, stylish, and smart urban adventure ride, for those seeking on-road and off-road excitement, and embodying NIU's commitment to excellence, innovation, and sustainability.

Key Points: 
  • The NIU XQi3 Street Legal Dirt Bike is designed with innovative technologies, created to be multi-functional, all-weather, all-terrain, and cutting-edge.
  • LOS ANGELES, Nov. 10, 2023 /PRNewswire/ -- NIU Technologies, the world-renowned leader in two-wheeled electric vehicles, is proud to announce the launch of its first-ever electric dirt bike, the NIU XQi3.
  • "The NIU XQi3 Dirt Bike is not your typical dirt bike.
  • The NIU XQi3 Dirt Bike embodies the spirit of adventure, offering a thrilling and stylish ride for those who seek both urban and off-road excitement.

Electrify Expo Industry Day Austin to Host Powerful Players in Electrification for Product Reveals, Press Conferences and Demo Rides

Retrieved on: 
Lunedì, Novembre 6, 2023

Industry Day, presented by Keysight, will host the EV industry’s most powerful players driving the transition towards the adoption of electrification including Ford, VinFast, Yokohama, NIU, KTM, Chargeway and more.

Key Points: 
  • Industry Day, presented by Keysight, will host the EV industry’s most powerful players driving the transition towards the adoption of electrification including Ford, VinFast, Yokohama, NIU, KTM, Chargeway and more.
  • The event will host compelling fireside chats, press conferences, press conferences and product launches, making this a must-attend event for journalists, analysts and industry leaders in the EV community.
  • Electrify Expo and Industry Day Austin features a lineup of nearly 100 micromobility and e-bike titans.
  • The full line-up of speakers and schedule, along with tickets for Electrify Expo Industry Day in Austin can be found at https://www.electrifyexpo.com/industry-day .

Niu Technologies to Report Third Quarter 2023 Financial Results on Nov 20, 2023

Retrieved on: 
Lunedì, Ottobre 23, 2023

BEIJING, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2023 before the U.S. market opens on Monday, November 20, 2023.

Key Points: 
  • BEIJING, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2023 before the U.S. market opens on Monday, November 20, 2023.
  • The corporate presentation and financial spreadsheets will be posted on NIU’s investor relations website at: https://ir.niu.com/financial-information/quarterly-results
    The Company will host an earnings conference call on Monday, November 20, 2023 at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) to discuss the financial and business results.
  • To join via phone, participants need to register in advance of the conference call using the link provided below.
  • Upon registration, participants will receive dial-in numbers and a personal PIN, which will be used to join the conference call.