#None #Hong Kong #DAHON #folding bicycles #DAGOLD Technology

DAHON's Global Expansion: A Call for Collaboration and Innovation in Mobility

In a significant move to enhance its footprint in the global bicycle market, DAHON, renowned as the largest manufacturer of folding bicycles worldwide, has debuted on the Hong Kong Stock Exchange. This milestone was marked by the successful IPO of its subsidiary, DAHON Tech (Stock Code: 02543.HK), which witnessed an unprecedented oversubscription rate of 7,558 times. This record-breaking event highlights not just investor confidence in DAHON but also sets a promising precedent for its future endeavors.

Strategic Partnerships and New Ventures

The funds raised from this successful listing will enable DAHON to further its mission of leading innovations in green mobility. One of the company's first major initiatives post-IPO is a strategic alliance with Golden Wheel Group, aimed at establishing a new joint venture called Dagold Technology in Tianjin, China. This new factory is set to enhance production capabilities, especially for entry-level product lines, thereby expanding DAHON's market reach and catering to diverse consumer needs.

To maximize stakeholder value, DAHON has outlined a robust growth trajectory focusing on three core directions:

1. Establishing a Global Elite Team: DAHON plans to engage top-tier consulting firms to refine its globalization strategy, enhance digital marketing efforts, and optimize brand presence worldwide.

2. Enhancing Technological Capabilities: The company is committed to improving research and development initiatives. Notably, it aims to enhance talent development through strengthened partnerships with universities, fostering skilled professionals in the bicycle manufacturing sector.

3. Expanding the DELTECH Technology Ecosystem: DAHON's proprietary DELTECH technology significantly boosts frame rigidity, providing a competitive advantage in terms of speed and performance. This patented innovation will play a crucial role in elevating all product lines to new standards.

Opportunities for Collaboration in the Bicycle Industry

DAHON is actively seeking collaboration opportunities across the globe in several key areas:

- Research Institutions: To foster technical cooperation and innovation.
- Distributors and Agents: To explore exclusive product rights and co-branding opportunities.
- Quality Suppliers: To strengthen the supply chain and enhance service standards.
- Talent Acquisition: With a research team already boasting three PhD holders, DAHON is on the lookout for talented researchers and executives committed to its global growth.

Why DAHON Stands Out

DAHON's position as the leader in the folding bicycle market is evidenced by its strong sales performance, securing the top spot in global sales for folding bicycles in 2024. The company holds the largest number of folding bicycle patents in China, showcasing its commitment to innovation and quality. Moreover, DAHON's resilience in challenging markets speaks volumes about its robust business model.

The successful IPO in Hong Kong was backed by a solid list of leading investors and substantial cash flow, solidifying the company’s financial foundation moving forward.

In conclusion, DAHON's strategic initiatives reflect its dedication not only to expand its market presence but also to drive sustainable mobility solutions. As the company embarks on this journey of growth and collaboration, it invites stakeholders and partners from various sectors to join hands in shaping the future of transportation.

For any inquiries, please contact DAHON Marketing via email at [email protected].