crouchingtigerhiddenghost| Boliwei (688345.SH): Demand for electric bicycles in Europe is stable and the market will continue to grow

Gelonghui May 21 丨 Boliwei (688345crouchingtigerhiddenghost.SH) Disclosure of Investor Relations Activity Record Form showscrouchingtigerhiddenghostIn 2023, affected by factors such as European inflation, geopolitics, and exchange rate fluctuations, demand in Europe will slow down and downstream companies will continue to destock. The European electric treadmill market has gone through a long period of destocking, and the inventory situation is expected to improve and recover in 2024. In the long run, the demand for electric bicycles in Europe is stable and the market will continue to grow.

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