Kailin Wu's questions to NIU Technologies (NIU) leadership • Q1 2025
Question
Kailin Wu of Citi inquired about Niu's full-year 2025 sales volume guidance and the margin outlook for the upcoming quarters, specifically asking if the company still expects a net profit turnaround in the second quarter.
Answer
CEO Yan Li confirmed that the full-year sales volume guidance of 30% to 50% year-on-year growth remains unchanged. CFO Fion Zhou added that the annual gross margin is expected to recover from last year's 15.2% and affirmed the company's expectation to achieve net profitability in Q2 2025.