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TWO SIGMA ADVISERS, LP
> NIU
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | Niu Technologies | NIU | 10,000 | -82,500 | 39,800,000 | -343,150,000 | $3,980.00 |
| 03/31/2023 | Niu Technologies | NIU | 92,500 | -119,900 | 382,950,000 | -727,902,000 | $4,140.00 |
| 12/31/2022 | Niu Technologies | NIU | 212,400 | -126,500 | 1,110,852,000 | 1,109,463,000 | $5,230.00 |
| 09/30/2022 | Niu Technologies | NIU | 338,900 | -18,700 | 1,389,000 | -1,686,000 | $4.10 |
| 06/30/2022 | Niu Technologies | NIU | 357,600 | -8,400 | 3,075,000 | -461,000 | $8.60 |
| 03/31/2022 | Niu Technologies | NIU | 366,000 | 122,100 | 3,536,000 | -393,000 | $9.66 |
| 12/31/2021 | Niu Technologies | NIU | 243,900 | 169,500 | 3,929,000 | 2,205,000 | $16.11 |
| 09/30/2021 | Niu Technologies | NIU | 74,400 | -92,900 | 1,724,000 | -3,738,000 | $23.17 |
| 06/30/2021 | Niu Technologies | NIU | 167,300 | -14,400 | 5,462,000 | -1,197,000 | $32.65 |
| 03/31/2021 | Niu Technologies | NIU | 181,700 | -12,700 | 6,659,000 | 1,206,000 | $36.65 |
| 12/31/2020 | Niu Technologies | NIU | 194,400 | -8,800 | 5,453,000 | 1,552,000 | $28.05 |
| 09/30/2020 | Niu Technologies | NIU | 203,200 | 151,700 | 3,901,000 | 3,077,000 | $19.20 |
| 06/30/2020 | Niu Technologies | NIU | 51,500 | 10,200 | 824,000 | 536,000 | $16.00 |
| 03/31/2020 | Niu Technologies | NIU | 41,300 | 2,600 | 288,000 | -42,000 | $6.97 |
| 12/31/2019 | Niu Technologies | NIU | 38,700 | 38,700 | 330,000 | 330,000 | $8.53 |
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