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Everyday AI News, Citic Securities released a research report on March 31, giving a "buy" rating to Ninebot (689009.SH). The reasons for the rating mainly include: 1) Electric two-wheeled vehicles as the core business support high growth, but will be under pressure from the switch to the new national standard in Q4 2025; 2) The service robot business is gaining momentum, and the product matrix continues to enrich; 3) Profitability continues to improve, with a slight increase in sales expense ratio. (Daily Economic News)
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