Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), a leading provider of smart urban mobility solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 with the Securities and Exchange Commission ("SEC"). The annual report can be accessed on the Company's investor relations website at https://ir.niu.com/ as well as the SEC's website at http://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's IR Department at ir@niu.com.

About Niu Technologies

As the world’s leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance smart e-scooters. NIU has a streamlined product portfolio consisting of three series, N, M and U that address the needs of different segments of the modern urban resident, while being united through a common design language that emphasizes style, freedom and technology. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services. For more information, please visit www.niu.com.

For more information, please contact:

Niu Technologies Jason Yang Investor Relations Manager E-mail: ir@niu.com

Or

The Blueshirt Group Susie Wang Director E-mail: susie@blueshirtgroup.com

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