Major Shareholder Glory Achievement Fund Increases Stake with $3.6M Open-Market Purchase

summarizeSummary

Glory Achievement Fund Limited, a major shareholder, purchased an additional $3.6 million in Niu Technologies shares, increasing its total stake to 36.3%. This marks the second significant open-market purchase by the fund in nine days.

check_boxKey Events

• Significant Open-Market Purchase

  Glory Achievement Fund Limited acquired 2,143,532 Class A ordinary shares (represented by 1,071,766 ADSs) for approximately $3.6 million between January 31 and February 9, 2026.

• Increased Ownership Stake

  The reporting persons, including Glory Achievement Fund Limited, now collectively own 56,555,745 shares, representing 36.3% of Niu Technologies' outstanding ordinary shares.

• Continued Investor Confidence

  This purchase follows a $5.5 million open-market acquisition by the same fund disclosed on February 2, 2026, indicating sustained conviction in the company.

• Strategic Accumulation Amidst Sales Decline

  The substantial accumulation by a major shareholder occurs shortly after Niu Technologies reported a 13% year-over-year decrease in Q4 2025 unit sales, potentially signaling a belief in a turnaround or undervaluation.

auto_awesomeAnalysis

Glory Achievement Fund Limited, a significant institutional investor, has further increased its stake in Niu Technologies with a $3.6 million open-market purchase. This transaction, representing approximately 1.34% of the company's market capitalization, follows a previous $5.5 million purchase disclosed just nine days prior. The cumulative accumulation of over $9 million by this major shareholder within such a short period signals strong conviction, especially in light of the company's recent announcement of a 13% year-over-year decrease in Q4 2025 unit sales. This continued investment by a large holder could be interpreted as a vote of confidence in the company's long-term prospects despite recent operational challenges.