Xiaoniu Electric, a leading global provider of smart city mobility solutions, released its financial report for the third quarter of 2024 as of September 30th today. The financial report shows that the company achieved robust financial performance and business growth in this quarter, further consolidating its leadership position in the electric two wheeler market. In the third quarter of 2024, the sales volume of Xiaoniu electric vehicles was 312405 units, a year-on-year increase of 17.5%, and the operating revenue was RMB 1.0239 billion, a year-on-year increase of 10.5%. Despite facing macroeconomic challenges and intensified industry competition, Xiaoniu Electric has achieved steady revenue growth through continuous product innovation and market expansion strategies. The company expects its operating revenue for the fourth quarter of 2024 to be between RMB 622 million and RMB 718 million, corresponding to a year-on-year increase of 30% to 50%.