: The company's stock trading is experiencing significant abnormal fluctuations.

Ninebot King announced that the closing price of the company's stock has deviated by more than 100% for 10 consecutive trading days, which constitutes a serious abnormal fluctuation in stock trading. From November 12, 2025 to November 20, 2025, the company's stock closed at the limit-up price for 7 consecutive trading days, with a cumulative increase of 100.8%. The company's operating income from January to September 2025 was 633 million yuan, a decrease of 6.02% compared to the same period last year; the net profit attributable to shareholders of listed companies, excluding non-operating gains and losses, was -24.3396 million yuan, a decrease of 17.38% compared to the same period last year.