Niu Technologies Q2 Earnings Call Highlights
Niu Technologies (NASDAQ:NIU) reported Q2 results and discussed margin pressure. China scooter average selling price fell 9% to RMB 3,010. Gross profit declined to RMB 230 million and gross margin to 16%. GAAP net loss was RMB 102 million. For Q3, it forecast revenue of RMB 1.86 billion to RMB 2.03 billion.

