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ECO FORUM GLOBAL GUIYANG 2025 to Open on July 5 with 800 Attendees Expected

ECO FORUM GLOBAL GUIYANG 2025 to Open on July 5 with 800 Attendees Expected

The opening ceremony of ECO FORUM GLOBAL GUIYANG 2025 will be held on the morning of July 5 at the Guiyang International Eco-Conference Center. Leaders of the Party and the state, foreign dignitaries and former officials, as well as heads of relevant international organizations, will attend and deliver speeches. The event is expected to welcome approximately 800 guests.
The theme of this year's forum is 'Harmonious Coexistence Between Humanity and Nature — Jointly Advancing Global Green Transition.' The event will feature an opening ceremony, off-site visits, green investment promotion activities, and a series of events organized by the guest province. Centered around four key areas — 'Jointly Shaping Global Ecological Civilization and Sustainable Development,' 'Addressing Climate Change,' 'Biodiversity Conservation,' and 'Collaborative Multi-Stakeholder Governance' — the forum will host a total of 20 thematic sub-forums.
An innovation at this year's forum is the launch event for new environmental protection products and technologies. This initiative will spotlight and promote cutting-edge achievements in areas such as new energy and solid waste treatment. It aims to establish a platform that integrates technology selection, results presentation, and demand-supply matchmaking, accelerating the commercialization and widespread application of advanced technological innovations.
Since its inception in 2009, ECO FORUM GLOBAL GUIYANG has been successfully held 12 times. For over a decade, the forum has adhered to the guidance of Xi Jinping's Thought on Ecological Civilization, actively addressing key global concerns surrounding ecological development. It has served as a vital platform for international exchange and cooperation on ecological issues, opening gateways to global opportunities in green and low-carbon transition, and exploring pathways for win-win solutions in global environmental governance. The forum has become an important platform and window for promoting Xi Jinping's ecological vision and advancing the global shift toward ecological civilization.
Media Contact
Company Name: ECO FORUM GLOBAL GUIYANG
Contact Person: Lisa Liu
Email: Send Email
Country: China
Website: https://www.efglobal-gy.com/
Source: LianPR
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Stock markets mostly up at start of key week for trade, US data

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Niu Technologies Announces Unaudited Second Quarter 2025 Financial Results
Niu Technologies Announces Unaudited Second Quarter 2025 Financial Results

Associated Press

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  • Associated Press

Niu Technologies Announces Unaudited Second Quarter 2025 Financial Results

-- Second Quarter Revenues of RMB 1,255.7 million, increase 33.5% year over year -- Second Quarter Net Income of RMB 5.9 million, compared to net loss of RMB 24.9 million in the same period of last year BEIJING, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Highlights Second Quarter 2025 Operating Highlights Dr. Yan Li, Chief Executive Officer of the Company, remarked, 'During China's e-commerce peak season in May and June, our products consistently ranked among the best-selling mid to high-end models in the electric bicycle and electric motorcycle sectors. Featuring enhanced intelligence and functionality, our new models launched in the first half of 2025 demonstrated our commitment to smart technology. 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Share-based compensation was RMB 7.9 million, compared with RMB 5.4 million in the same period of 2024. Income tax benefit was RMB 12.5 million, compared with income tax expense of RMB 1.0 million in the same period of 2024. Net income was RMB 5.9 million, compared with net loss of RMB 24.9 million in the second quarter of 2024. The net income margin was 0.5%, compared with net loss margin of 2.6% in the same period of 2024. Adjusted net income (non-GAAP) was RMB 13.7 million, compared with an adjusted net loss of RMB 19.5 million in the second quarter of 2024. The adjusted net income margin4 was 1.1%, compared with an adjusted net loss margin of 2.1% in the same period of 2024. Basic and diluted net income per ADS were both RMB 0.07 (US$ 0.01). Balance Sheet As of June 30, 2025, the Company had cash and cash equivalents, term deposits and short-term investments of RMB 1,226.6 million in aggregate. 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A live and archived webcast of the conference call will be available on the investor relations website at About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Use of Non-GAAP Financial Measures To supplement NIU's consolidated financial results presented in accordance with the accounting principles generally accepted in the United States of America ('GAAP'), NIU uses the following non-GAAP financial measures: adjusted net income (loss) and adjusted net income (loss) margin. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. NIU believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding certain items that may not be indicative of its operating results. The Company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to NIU's historical performance. The Company believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using these non-GAAP financial measures is that these non-GAAP measures exclude certain items that have been and will continue to be for the foreseeable future a significant component in the Company's results of operations. These non-GAAP financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. Adjusted net income (loss) is defined as net income (loss) excluding share-based compensation expenses. Adjusted net income (loss) margin is defined as adjusted net income (loss) as a percentage of the revenues. For more information on non-GAAP financial measures, please see the tables captioned 'Reconciliation of GAAP and Non-GAAP Results'. Exchange Rate This announcement contains translations of certain RMB amounts into U.S. dollars ('US$') at specified rates solely for the convenience of the readers. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB 7.1636 to US$ 1.00, the exchange rate in effect as of June 30, 2025, as set forth in the H.10 Statistical release of the Board of Governors of the Federal Reserve System. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Investor Relations Contact: Niu Technologies E-mail: [email protected] _______________________________________ 1 Adjusted net income (loss) (non-GAAP) is defined as net income (loss) excluding share-based compensation expenses 2 Revenues per e-scooter on e-scooter sales from China or international markets is defined as e-scooter sales revenues from China or international markets divided by the number of e-scooters sold in China or international market in a specific period 3 Revenues per e-scooter on accessories, spare parts and services is defined as accessories, spare parts and services revenues divided by the total number of e-scooters sold in a specific period 4 Adjusted net income (loss) margin is defined as adjusted net income (loss) (non-GAAP) as a percentage of the revenues

Trending tickers: latest investor updates on Nvidia, Tesla, SoftBank, C3.ai and Bitmine
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Yahoo

time36 minutes ago

  • Yahoo

Trending tickers: latest investor updates on Nvidia, Tesla, SoftBank, C3.ai and Bitmine

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