Significant Sales Volume Growth
Achieved a total sales volume of 203,000 units, marking a 57.4% year-over-year growth, with a 66% increase in China and a 6.4% growth overseas.
Revenue Increase
Total revenue for Q1 2025 reached RMB682 million, reflecting a 35% increase compared to the same period last year.
Improved Gross Margin
Gross margin rebounded to 17.3%, marking a 4.9% year-over-year increase, driven by cost reduction and product standardization.
Expansion of Product Line
Launched new electric motorcycles and bicycles, including the NX Pro and NL models, enhancing the product portfolio and attracting a younger demographic.
Successful Brand Campaigns
Product launches and strategic partnerships, such as with 'Game for Peace,' significantly boosted brand visibility and recognition among Gen Z and premium consumers.
International Market Growth
Achieved over three times growth in the electric two-wheeler segment overseas due to direct distribution operations in key countries.