Ninebot's revenue in the first quarter increased by 54.18% year-on-year, and its net profit attributable to shareholders increased by 675.34% year-on-year

According to the first quarterly report of Ninebot in 2024, the company achieved revenue of 2.562 billion yuan in the first quarter, a year-on-year increase of 54.18%; net profit attributable to the parent company was 136 million yuan, a year-on-year increase of 675.34%. This is mainly due to the company's continued deepening of product innovation, improving product quality, and increasing market promotion efforts.