crash4ps5| Changes in U.S. stocks 丨 Mavericks Electric plunged 11.5% Q1 adjusted net loss of 48.5 million yuan

Mavericks Electric (NIUcrash4ps5.US) U.S. stocks fell sharply 11crash4ps5.5%crash4ps5, quoted at $2.11. The company's first quarter revenue was 504.7 million yuancrash4ps5, a year-on-year increase of 21.0%. The net loss was 54.8 million yuan, compared with a net loss of 60.3 million yuan for the same period in 2023. Not in accordance with U.S. GAAP, the adjusted net loss was 48.5 million yuan, compared with a net loss of 46.1 million yuan for the same period in 2023.