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Nasdaq Welcomes Niu Technologies (Nasdaq: NIU) to The Nasdaq Stock Market

NEW YORK, Oct. 19, 2018 (GLOBE NEWSWIRE) -- Niu Technologies (NIU), the world's leading provider of smart urban mobility solutions, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.

Niu Technologies designs, manufactures, and sells high-performance smart e-scooters. It is the largest lithium-ion battery-powered electric scooters company in China and a leader in the European market in 2017, according to CIC. The first lifestyle brand for urban mobility in China, NIU has successfully created a new industry category – smart electric two-wheeled vehicles. With a NIU app component that synchronizes with the smart e-scooters and communicates with their cloud system, Niu Technologies creates real-time information for its customers.

“We are honored to join the Nasdaq family of innovative companies. This is an exciting milestone for the company and an important step in our journey as we work to build the world’s leading brand in urban mobility,” said NIU CEO Yan Li. Joining Yan Li at this morning’s bell ringing were eleven other key players, including six co-founders of NIU along with customer and dealer representatives.

“Niu Technologies is an innovative company providing its customers a truly unique, integrated, and connective user-experience in an expanding industry,” said Bob McCooey, Chairman of Asia Pacific, Senior Vice President of New Listings and Capital Markets, Nasdaq Stock Exchange. “We are thrilled to welcome NIU to join our family of visionaries and look forward to forging a great partnership.”

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq
Nasdaq (NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/855b53f6-769c-44bc-8fc6-0a96022d5ac7