Niu Technologies (NIU) saw its stock surge 6.94% in pre-market trading on Thursday, following the announcement that the company has ranked first in China's two-wheeler segment in the S&P Global ESG Rankings. This positive news has sparked investor interest and confidence in the electric scooter manufacturer.

The S&P Global ESG Rankings evaluate companies based on their environmental, social, and governance practices, which have become increasingly important factors for investors when assessing a company's long-term sustainability and potential for growth. Niu Technologies' top ranking in its segment suggests that the company is leading the way in implementing responsible and sustainable business practices within China's competitive two-wheeler market.

This achievement is likely to bolster Niu Technologies' reputation among both consumers and investors. As ESG considerations continue to gain prominence in investment decisions, the company's strong performance in these rankings could potentially attract more environmentally conscious consumers and socially responsible investors. The pre-market stock surge indicates that market participants are viewing this news as a positive indicator of Niu Technologies' future prospects and competitive positioning in the electric vehicle industry.