Niu Holdings rights issue draws valid subscriptions for 149,385,757 shares, leaving 139,704,243 unsubscribed

• Niu Holdings reported 11 valid applications for 149,385,757 rights shares, covering 51.67% of the 289,090,000 offered under its rights issue.
• Unsubscribed rights shares totaled 139,704,243, or 48.33% of the offer, slated for disposal via compensatory placing arrangements.
• The underwriter subscribed for 43,647,200 rights shares provisionally allotted under an irrevocable undertaking.
• Placing agent to seek buyers for unsubscribed rights shares by 4:00 p.m. on June 30, 2026; any remainder taken up by the underwriter or not issued.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Niu Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260618-12207806), on June 18, 2026, and is solely responsible for the information contained therein.