As of November 7, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Niu Technologies. The largest reported stake is Glory Achievement Fund Limited's, at 41.9%. 8 filings are on record since July 22, 2025 (Schedule 13D/A, July 24, 2026).
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Key facts
- · Reporting person: Glory Achievement Fund Limited · Sole voting: 65,693,947 · Shared voting: 0 · Sole dispositive: 65,693,947 · Shared dispositive: 0 · SCHEDULE 13D/A, 2026-07-24
- · Holder: Glory Achievement Fund Limited · Percent: 40.8% · SCHEDULE 13D/A
- · Holder: Glory Achievement Fund Limited · Percent: 39.8% · SCHEDULE 13D/A
- · Holder: Glory Achievement Fund Limited · Percent: 38.6% · SCHEDULE 13D/A
- · Holder: Glory Achievement Fund Limited · Percent: 37.6% · SCHEDULE 13D/A
Niu Technologies has 8 Schedule 13D or 13G filings on record since 2025-07-22. 1 holder's latest filing reports 5% or more of class a ordinary shares, par value $0.0001 per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Glory Achievement Fund Limited | 41.9% | 65,693,947 | SCHEDULE 13D/A, 2026-07-24 | 2026-07-23 |
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Glory Achievement Fund Limited | 65,693,947 | 0 | 65,693,947 | 0 | SCHEDULE 13D/A, 2026-07-24 |
| Bull Group Limited | 65,693,947 | 0 | 65,693,947 | 0 | SCHEDULE 13D/A, 2026-07-24 |
| Bull Trust | 65,693,947 | 0 | 65,693,947 | 0 | SCHEDULE 13D/A, 2026-07-24 |
The latest filing identifies Niu Technologies by CUSIP 65481N100 and gives its principal executive office as Building C, Rongxin Technology Center, No. 34 Chuangyuan RD, Chaoyang District, Beijing (SCHEDULE 13D/A, 2026-07-24).
Source of funds (Item 3)
From June 25, 2026 through July 23, 2026, Glory Achievement Fund Limited purchased a total of 837,918 ADSs (representing 1,675,836 Class A ordinary shares) of the Issuer in the open market for approximately US$2.1 million, using its own working capital (the "Recent Open-Market Purchases").Glory Achievement Fund Limited, SCHEDULE 13D/A, 2026-07-24
Purpose of Transaction (Item 4)
Glory Achievement Fund Limited
The information set forth in Item 3 is hereby incorporated by reference in its entirety. The Recent Open-Market Purchases were made for investment purposes. The Reporting Persons hold the ADSs of the Issuer for investment purposes. They intend to review their shareholding on a regular basis and, as a result thereof, may at any time or from time to time determine, either alone or as part of a group, (i) to acquire additional securities of the Issuer, through open market purchases, privately negotiated transactions or otherwise, (ii) to dispose of all or a portion of the securities of the Issuer owned by it in the open market, in privately negotiated transactions or otherwise or (iii) to take any other available course of action, which could involve one or more of the types of transactions or have one or more of the results described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Any actions the Reporting Persons might undertake will be dependent upon such Reporting Persons' review of numerous factors, including, among other things, the price levels of the ADSs, general market and economic conditions, ongoing evaluation of the Issuer's business, financial condition, operations and prospects, the relative attractiveness of alternative business and investment opportunities, investor's need for liquidity, and other future developments. Any future acquisitions or dispositions of ADSs will be subject to the Issuer's policies, including its insider trading policy, as …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-07-24; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-22 | Glory Achievement Fund Limited | 32.9% | SCHEDULE 13D/A |
| 2026-02-02 | Glory Achievement Fund Limited | 34.9% | SCHEDULE 13D/A |
| 2026-02-11 | Glory Achievement Fund Limited | 36.3% | SCHEDULE 13D/A |
| 2026-03-04 | Glory Achievement Fund Limited | 37.6% | SCHEDULE 13D/A |
| 2026-03-13 | Glory Achievement Fund Limited | 38.6% | SCHEDULE 13D/A |
| 2026-06-12 | Glory Achievement Fund Limited | 39.8% | SCHEDULE 13D/A |
| 2026-06-26 | Glory Achievement Fund Limited | 40.8% | SCHEDULE 13D/A |
| 2026-07-24 | Glory Achievement Fund Limited | 41.9% | SCHEDULE 13D/A |
Questions about who owns Niu Technologies
Who owns Niu Technologies?
On this page, one holder's latest ownership filing reports 5% or more of Niu Technologies: Glory Achievement Fund Limited (41.9%, Schedule 13D/A, filed 2026-07-24).
When did Glory Achievement Fund Limited buy into Niu Technologies?
The filings give report dates, not purchase dates. The earliest filing from Glory Achievement Fund Limited on this page is the Schedule 13D/A, filed 2025-07-22, reporting 32.9%; its latest, Schedule 13D/A filed 2026-07-24, reports 41.9%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 8 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
