EZGO Technologies Ltd., through its subsidiaries, engages in the design, manufacture, rental, and sale of e-bicycles and e-tricycles in the People's Republic of China. It is also involved the rental and sale of lithium batteries; and sale, franchising, and operation of smart charging piles for e-bicycles and other electronic devices. The company offers its e-bicycles and e-tricycles under the Dilang and Cenbird brands; and smart charging piles under the Hengdian brand. Further, it sells battery packs and cells. In addition, the company engages in the development, operation, and maintenance of software related to e-bicycle and battery rental services. The company was formerly known as EZGO IOT Tech & Services Co., Ltd. The company was founded in 2014 and is headquartered in Changzhou, China.
IPO Year: 2021
Exchange: NASDAQ
Website: ezgotech.com.cn
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6-K - EZGO Technologies Ltd. (0001806904) (Filer)
6-K - EZGO Technologies Ltd. (0001806904) (Filer)
6-K - EZGO Technologies Ltd. (0001806904) (Filer)
6-K - EZGO Technologies Ltd. (0001806904) (Filer)
JIANGSU, China, July 19, 2021 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we", "our", or "the Company"), a leading short-distance transportation solutions provider in China, today announced the appointment of Guanghui Yang to its Board of Directors, effective July 9, 2021. Mr. Yang will serve as a director on the Board, member of the Audit Committee, member of the Nominating and Corporate Governance Committee and Chairperson of the Compensation Committee until the Company's next general meeting called for the election of directors. Mr. Yang replaces Junying Sun, who is leaving for personal reasons. Management Commentary Mr. Jianhui Ye, Chief Executive Officer of EZGO, s
CHANGZHOU, China, Jan. 17, 2025 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2024 (the "Fiscal Year 2024"). Fiscal Year 2024 Financial Highlights (all results compared to the prior year period unless otherwise noted) Revenues were $21.1 million, an increase of 32.7%, which was primarily due to the increase of sales of battery packs resulting from the increased acceptance of our lithium battery packs in the market.Gross profit was $1.5 million, an increase of 32.5%. Gross margin was 7.1%,
CHANGZHOU, China, Sept. 9, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its unaudited financial results for the six months ended March 31, 2024. Financial Highlights (all results compared to the prior fiscal year period unless otherwise noted) Revenues were $8.6 million, an increase of 66.1%Units sold of e-bicycle reached 4,766, a decrease of 76.7%Units sold of batteries and battery packs reached 243,336, an increase of 2614.6%Gross margin was 5.7%, compared with 3.5%Net loss was $4.7 million, compared with $5.0 millionThe Company has cash and cash equ
CHANGZHOU, China, Jan. 26, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2023 (the "Fiscal Year 2023"). Fiscal Year 2023 Financial Highlights (all results compared to the prior year period unless otherwise noted) Revenues were $15.9 million, a decrease of 8.4%, primarily due to the decrease of sales of e-bicycles and partially offset by the increase of sales of electronic control systems and intelligent robots and the increase of sales of battery packs.Gross profit was $1.1 million, a
Sales of E-bicycles halved, Total revenue fell 25.8% CHANGZHOU, China, Jan. 20, 2023 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or "the Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2022 (the "Fiscal Year 2022"). Fiscal Year 2022 Financial Summary (all results compared to the prior fiscal year unless otherwise noted) Revenues were $17.4 million, a decrease of 25.8%, primarily as a result of the decline in volume and price of the e-bicycle business fell.Net loss was $7.5 million, compared to net loss of $3.4 million.Basic and diluted loss pe
CHANGZHOU, China, Jan. 27, 2022 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or "the Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2021 ("Fiscal Year 2021"). Fiscal Year 2021 Financial Highlights (all results compared to the prior fiscal year unless otherwise noted) Revenues were $23.4 million, an increase of 53.7% Net loss was $3.4 million, compared to net income of $0.3 million, primarily as a result of increased cost of revenues and operating expenses associated with new hires and marketing Cash and cash equivalents of approximately $4.8
CHANGZHOU, China, June 30, 2021 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we", "our", or "the Company"), a leading short-distance transportation solutions provider in China, today announced its unaudited financial results for the six months ended March 31, 2021. Financial Highlights (all results compared to the prior year period unless otherwise noted) Revenues were $9.6 million, an increase of 74.3% Units sold reached 34,069, an increase of 96.6% Gross margin was 9.7%, compared with 9.6% Net loss was $0.3 million, compared with net loss of $0.6 million The Company has cash and cash equivalents of approximately $7.1 million at March 31, 2021, compared to approximatel
CHANGZHOU, China, Jan. 17, 2025 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2024 (the "Fiscal Year 2024"). Fiscal Year 2024 Financial Highlights (all results compared to the prior year period unless otherwise noted) Revenues were $21.1 million, an increase of 32.7%, which was primarily due to the increase of sales of battery packs resulting from the increased acceptance of our lithium battery packs in the market.Gross profit was $1.5 million, an increase of 32.5%. Gross margin was 7.1%,
CHANGZHOU, China, Dec. 31, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or the "Company"), a leading short-distance transportation solutions provider in China, today announced that the Company had received a notification letter (the "Notification Letter") dated December 30, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares, par value US$0.04 per share ("Ordinary Shares") was below $1.00 per share for
CHANGZHOU, China, Sept. 9, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its unaudited financial results for the six months ended March 31, 2024. Financial Highlights (all results compared to the prior fiscal year period unless otherwise noted) Revenues were $8.6 million, an increase of 66.1%Units sold of e-bicycle reached 4,766, a decrease of 76.7%Units sold of batteries and battery packs reached 243,336, an increase of 2614.6%Gross margin was 5.7%, compared with 3.5%Net loss was $4.7 million, compared with $5.0 millionThe Company has cash and cash equ
CHANGZHOU, China, April 17, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider in China, today announced that it entered into a five-year strategic cooperation framework agreement (the "Agreement") with Woteam New Energy (Guangdong) Co., Ltd. ("Woteam"), a high-tech enterprise engaged in the research, development, production and sales of electric bicycle batteries, electric tool batteries, robot batteries, photovoltaic energy storage batteries and other products. EZGO and Woteam aim to jointly develop a series of automotives and electric products to meet local needs in the Southeast A
CHANGZHOU, China, April 12, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider in China, today announced that it entered into a procurement agreement (the "Procurement Agreement") with Hangzhou Huiyu Zhichuang Industrial Co., Ltd. ("Huiyu Zhichuang"), a subsidiary of Huiyu Holdings Group ("Huiyu Group"), which is a China-based company primarily engaged in real estate development business and ranked one of the top 500 civilian-run enterprises in China, for the sale of twelve security patrol robots (the "Robots") and one intelligent patrol platform (together with the Robots, the "Produc
CHANGZHOU, China, April 10, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider in China, today announced that on March 22, 2024, its board of directors approved a reverse split of its ordinary shares on a one-for-forty basis (the "Reverse Share Split"). The Company's ordinary shares will begin trading on a post-split basis on April 12, 2024. As a result of the Reverse Share Split, each forty (40) pre-split ordinary shares of the Company will be automatically combined into one (1) ordinary share without any action on the part of the holders, with par value of the ordinary shares of th
CHANGZHOU, China, March 29, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we," "our," or the "Company"), a leading short-distance transportation solutions provider in China, today announced it received a delisting determination notice (the "Delisting Notice") from the Nasdaq Stock Market LLC ("Nasdaq") on March 26, 2024. As previously reported, on October 18, 2023, the Company received a letter (the "Deficiency Notice") from the Listings Qualifications Department of Nasdaq notifying the Company that the minimum closing bid price per share for its ordinary shares, par value US$0.001 per share (the "Ordinary Shares"), was below $1.00 for a period of 30 consecutive busi
CHANGZHOU, China, Jan. 26, 2024 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions provider in China, today announced its audited financial results for the fiscal year ended September 30, 2023 (the "Fiscal Year 2023"). Fiscal Year 2023 Financial Highlights (all results compared to the prior year period unless otherwise noted) Revenues were $15.9 million, a decrease of 8.4%, primarily due to the decrease of sales of e-bicycles and partially offset by the increase of sales of electronic control systems and intelligent robots and the increase of sales of battery packs.Gross profit was $1.1 million, a
CHANGZHOU, China, Nov. 14, 2023 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or the "Company"), a leading short-distance transportation solutions provider in China, today announced the delivery of an aggregate of 4,000 e-bicycles to Youon Technology Co., Ltd. (SHA: 603776) ("Youon"), a Chinese company principally engaged in the provision of public city bicycle transportation services, from July 25, 2022 to date, for a transaction value at approximately RMB12 million (approximately US$1.6 million). The collaboration is poised to reach an accumulative transaction volume of 6,000 e-bicycles in total, with an additional consignment of 4,000 e-bicycles anticipated for dispatch in
CHANGZHOU, China, Oct. 5, 2023 /PRNewswire/ -- EZGO Technologies Ltd. (NASDAQ:EZGO) ("EZGO" or the "Company"), a leading short-distance transportation solutions provider in China, today announced the delivery of 10 state-of-the-art security patrol robots (the "Robots") to PIESAT Information Technology Co., Ltd. (SHA: 688066)("PIESAT"), a China-based company mainly engaged in the provision of remote sensing and Beidou navigation satellite application services, pursuant to a procurement agreement, dated as of January 15, 2023, by and between the Company and PIESAT (the "Procurement Agreement"). Under the Procurement Agreement, PIESAT agreed to purchase 10 Robots for RMB11 million (approximate