#China #Tianjin #Investment #DAHON #Folding Bikes

DAHON's Global Expansion

DAHON, recognized as the largest manufacturer of folding bicycles globally, has marked a significant milestone by debuting on the Hong Kong Stock Exchange. The company celebrated the launch of its subsidiary, DAHON Tech (stock code 02543.HK), by achieving an astounding 7,558 times oversubscription, setting a record for the most oversubscribed IPO in Hong Kong's history. This remarkable success not only highlights investors' confidence in DAHON but also lays a robust financial foundation for the company to accelerate its mission in green mobility innovation.

The IPO has empowered DAHON to form a strategic partnership with the Golden Wheel Group, resulting in the establishment of Dagold Technology in Tianjin, China. This new facility is set to capitalize on regional production advantages, enabling DAHON to enhance its market presence and cater to diverse consumer demands.

In its commitment to maximizing stakeholder value, DAHON has outlined a growth strategy focused on three core areas:

1. Building a Global Elite Team: DAHON plans to recruit top-tier professionals to optimize its global brand presence and digital marketing strategies, ensuring a more substantial market impact.
2. Technological Modernization and R&D Promotion: The company aims to bolster its talent development initiatives through intensified collaboration with universities, creating highly skilled experts in bicycle manufacturing.
3. Ecosystem Expansion of DELTECH Technology: The proprietary DELTECH technology developed by DAHON significantly enhances the rigidity of bicycle frames, providing a competitive edge in speed and performance. This patented technology will serve as a foundation for elevating all product lines to new heights.

In addition to these initiatives, DAHON actively seeks collaborations across the industry, reaching out to:

• - Research and Development Institutions for technical cooperation.
• - Distributors and Representatives for exclusive product rights and co-branding opportunities.
• - High-Quality Suppliers to strengthen its supply chain and improve service standards.
• - Talented Professionals to join its Research and Development team, which already boasts three PhDs.

DAHON stands out as a prime choice in the folding bike market due to several compelling reasons:

• - Market Leadership: DAHON ranked first in global folding bike sales for 2024, holding the majority of folding bike patents in China.
• - Proven Resilience: The company's strong performance in challenging markets underscores its robustness and adaptability.
• - Capital Assurance: The successful IPO in Hong Kong has garnered a solid base of primary investors and significant cash flow.

For further inquiries, please contact DAHON Marketing at [email protected]

This expansion signals exciting times for DAHON as they position themselves to lead the industry, harnessing new opportunities while promoting sustainable transportation solutions. The future looks bright as DAHON aims to leverage its resources and partnerships to foster innovation and growth in green mobility.