Gelonghui May 21 丨 Boliwei (688345applearcadetrial.SH) Disclosure of Investor Relations Activity Record Form showsapplearcadetrial, 2023applearcadetrialAffected by factors such as European inflation, geopolitics, and exchange rate fluctuations, demand in Europe has slowed down and downstream companies have continued 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.
