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    Michael Simmonds

    Senior Analyst at GlobalViewSA

    Michael Simmonds is a Senior Analyst at GlobalViewSA, specializing in equity research with a primary focus on Latin American financial institutions and energy companies such as Banco Santander Chile, Ecopetrol, and Grupo Aval. His track record includes a TipRanks success rate of 65% and an average return of 14% per recommendation, highlighting his consistent investment performance. Simmonds began his finance career in 2010, previously holding analyst roles at JP Morgan and BTG Pactual before joining GlobalViewSA in 2018. He maintains Series 7 and 63 securities licenses and is FINRA registered, with notable recognition for his industry insights by top investment platforms.

    Michael Simmonds's questions to Niu Technologies (NIU) leadership

    Michael Simmonds's questions to Niu Technologies (NIU) leadership • Q1 2025

    Question

    Michael Simmonds of GlobalViewSA inquired about the balance sheet, noting the decline in the cash position and asking for the outlook on the net cash position by the end of the year, given the strong Q2 forecast.

    Answer

    CFO Fion Zhou clarified that Q1 is seasonally the lowest point for cash due to payments around the Chinese New Year. She expects the cash position to grow from Q2 onwards, driven by peak season sales and operating cash inflow, and anticipates the year-end 2025 cash balance will be higher than at the end of 2024.

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