#China #Tianjin #DAHON #IPO #Folding Bikes

DAHON's Global Expansion: Embracing New Opportunities Through Collaboration

DAHON, recognized as the world's foremost manufacturer of folding bicycles, has recently made headlines by debuting on the Hong Kong Stock Exchange with the launch of its subsidiary, DAHON Tech, under the stock code 02543.HK. This landmark event wasn't just another IPO; it marked a significant milestone in the company's journey, setting a record for the highest subscription rate in Hong Kong's stock market history, with an astonishing oversubscription of 7,558 times.

This overwhelming interest from investors underlines the confidence in DAHON's vision and mission – to lead the charge in ecological mobility innovation. The funds raised through this public offering have considerably strengthened DAHON's capital foundation, paving the way for enhanced research, development, and innovation efforts.

Strategic Initiatives and Partnerships

In tandem with its rising capital, DAHON announced its strategic partnership with Golden Wheel Group to form Dagold Technology in Tianjin, China. This new facility is set to leverage regional manufacturing advantages, enabling DAHON to produce basic product lines more cost-effectively. Availability of diverse products will cater to the expanding needs of consumers across various demographics.

DAHON is not standing still; it has outlined a robust growth trajectory focused on three primary directions:
1. Global Elite Team Formation: DAHON is committed to enhancing its global presence and marketing strategies by collaborating with top international consulting firms. This initiative aims to amplify the brand's impact in competitive markets through refined digital marketing and comprehensive planning strategies.
2. Technological Advancements and R&D Development: In a bid to foster innovation, DAHON plans to strengthen its talent development initiatives by collaborating with universities to nurture skilled professionals in bicycle manufacturing. This collaboration is envisioned to enhance the overall talent pool and support product innovation.
3. Expansion of the DELTECH Ecosystem: The proprietary DELTECH technology, which significantly enhances the rigidity of bike frames, provides a distinct competitive advantage in both speed and performance. This patented technology will serve as a cornerstone in elevating all product lines to reach new heights of excellence.

Pursuing Collaborative Opportunities

DAHON recognizes the importance of building robust collaborations across various sectors. The company is actively seeking partnerships with esteemed organizations worldwide in key focus areas such as:

- Research and development institutions for technical cooperation.
- Exclusive product distribution and co-branding opportunities with prominent distributors and agents.
- High-quality suppliers to enhance the supply chain and improve service standards.
- Acquisition of talented professionals to bolster the existing R&D team, which already includes three doctorate holders.

By attracting top-tier talent globally, DAHON aims to foster innovation and strengthen its development strategies.

Why Choose DAHON?

The reasons for choosing DAHON are compelling:

- Market Leader: DAHON has been at the forefront of folded bicycle sales globally in 2024 and boasts the largest number of folding bicycle patents in China.
- Proven Resilience: DAHON's strong performance persists even in challenging markets, indicating its solid foundation and adaptability.
- Financial Backing: The successful IPO not only attracted significant key investors but also established a robust cash flow, allowing for future expansion and innovation initiatives.

As DAHON embarks on this exciting new chapter, it invites collaboration and partnership across the globe. The future of mobility is unfolding, and DAHON is eager to lead the way while ensuring that sustainable, innovative transportation solutions are accessible to everyone.