The earnings call for New Technologies' Q2 2026 results was opened with standard legal disclaimers regarding forward-looking statements and non-GAAP financial measures. The call, accessible via webcast, includes participation from the CEO and CFO, who will discuss the company's financial performance and future outlook.

Achieved 24% sales volume increase in Q2 2026, with China market growth at 26% and international shipments up 3.6%. Sales driven by electric motorcycle segment, offsetting premium e-bicycle contraction, supported by new product launches and market realignment strategies.

Commitment to enhancing entry-level offerings, reintroducing premium models, and integrating AI technologies for improved user experience, positioning the company for market recovery and global recognition in design and technology.

Executes brand-driven growth strategy, enhancing awareness and consumer engagement through global ambassadors, influencer content, and offline events. Achieves 5.9 billion impressions across key touch points. Focuses on retail efficiency, increasing same-store sales by 24%, and boosts online sales by 50%, with 64% of domestic resale sales attributed to Tmall and JD.com. Optimizes store network, with lower-tier cities accounting for 36% of footprint, and leverages 9 official flagship accounts and 16 dealer-operated accounts for enhanced online presence.

In Q2 2026, overseas sales of electric motorcycles reached 32,485 units, marking a 3.6% annual growth. The expansion of dealer networks from 307 to 417 locations, alongside the successful introduction of high-performance models like MX 500, MX 300, and FX 300, led to a significant increase in sales, especially in the 125 CC plus category, which now accounts for 50% of European sales. Strategic market entry in Algeria and Thailand, both exceeding 1,000 units sold, highlights disciplined asset profitability and steady progress in emerging markets like Asia Pacific.

The dialogue highlights successful channel transition and inventory clearance initiatives in the micromobility market, achieving 21% year-over-year growth in Q2. It outlines strategic expansion into new consumer segments, particularly focusing on female-centric products, and emphasizes proactive steps to improve revenue and market penetration in the e-bike segment. The summary also notes the steady structural growth in the core electric motorcycle business and the completion of distribution transitions, aiming for a healthy inventory baseline by year-end.

In Q2, sales volume increased by 24% to over 434,000 units, with 402,000 units sold in China and 32,000 overseas. Total revenue reached 1.44 billion, up 15% year-over-year, driven by higher sales volumes, especially in China where scooter revenue grew by 15%. However, gross profit declined to 230 million from 252 million, and gross margin dropped to 16%, impacted by a shift in product mix towards lower ASP models and increased costs in the China market.

The dialogue covers a company's Q2 financial results, noting a gross margin decline due to electronic motorcycle sales and higher upstream costs. Operating expenses rose, particularly in selling, marketing, and R&D. A net loss was reported, influenced by foreign exchange losses. The company ended Q2 with a strong cash position and provided a Q3 revenue guidance of 10%-20% YoY growth, highlighting uncertainties and preliminary expectations.

The operator guides participants on how to interact during the call, then hands it back to the doctor who thanks everyone for their involvement and support, expressing eagerness to share progress updates in the next quarter, before officially ending the call.