DAHON, the world's biggest maker of folding bicycles, jumped on its Hong Kong trading debut with the IPO of its subsidiary, DAHON Tech (Stock Code: 02543.HK), on the Main Board of the Hong Kong Stock Exchange.
With an oversubscription rate of 7,558 times, media recognized it as Hong Kong's most oversubscribed listing ever.
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This successful listing fuelled DAHON with stronger capital foundation to advance its mission in green mobility innovations. Its first major initiative called for a strategic alliance with Golden Wheel Group to establish the new company Dagold Technology in Tianjin, China.
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The new plant will offer regional cost advantages for manufacturing entry-level product lines, enabling DAHON to broaden its market reach and meet diverse consumer needs.
To maximize value for its stakeholders, DAHON announced its growth trajectory in three core directions:
— Building a Global Elite TeamTo engage top international consulting firms to refine its global brand presence, digital marketing strategies, and comprehensive planning to exert stronger market influence.
— Technological Upgrade and R&D CultivationTo solidify talent development initiatives with strengthened partnership with universities, aiming to nurture high-caliber professionals in bicycle manufacturing.
— Expansion of theDELTECH Technological EcosystemDAHON's proprietary DELTECH technology significantly enhances the rigidity of bike frames, offering a competitive edge in speed and performance. The patented technology will serve as the foundation to uplift all product lines to the next level.
— Collaborative Opportunities in the IndustryActively pursuing partnerships with distinguished companies worldwide in several key areas:
— R&D Institutions for technical cooperation.
— Distributors and Agents for exclusive product rights and co-branding opportunities.
— High-Quality Suppliers to strengthen its supply chain and enhance service standards.
— Recruitment of Talented ProfessionalsWith three PhDs already in DAHON's R&D Team, DAHON seeks to attract outstanding research and management talent globally, committed to its global development.
Why Choose DAHON?
— Leading the Market: Ranked first in global folding bike sales in 2024 and holds the most folding bicycle patents in China.
— Proven Resilience: Strong performance even in challenging markets speaks to its robustness.
— Capital Endorsement: The successful listing in Hong Kong boasted a solid lineup of cornerstone investors and substantial cash flow.
For inquiries, please contact:
DAHON MarketingEmail: marketing@dahon.com
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