凤凰网科技讯(作者/于雷)12月5日，针对近期网络热议的新国标电动自行车出现"铁皮座椅""无法带 人"等争议，雅迪科技集团于昨日深夜发布声明回应。雅迪方面表示，网传的"奇葩"配置主要系对标准 条款执行的误读，仅出现在个别企业车型中，并非行业主流设计，公司目前已推出的68款新国标车型均 满足座椅舒适性与安全携带儿童等实际需求。 随着《电动自行车安全技术规范》(GB17761—2024)强制性国家标准实施过渡期于11月30日结束，市场 近期出现部分新车配置(如鞍座、后衣架、后视镜)不符合消费者使用习惯的情况，引发舆论关注。对 此，工业和信息化部消费品工业司相关负责人指出，这属于个别企业在执行新标准过程中理解不够全 面、产品设计未充分考虑人性化需求所致，并非行业普遍现象。目前，主管部门已指导相关企业抓紧优 化设计方案。数据显示，全国已有100余家企业的600余款车型通过CCC认证，正陆续投放市场。 作为行业头部企业，雅迪在声明中明确，新国标并未规定"铁皮座椅"或"禁止带人"。新标准实际上取消 了强制安装脚蹬的要求，并优化了防火阻燃、刹车距离及动态安全监测等指标，旨在提升整车安全与续 航能力。雅迪强调，其现有的68款 ...

Group 1 - The new national standard for electric bicycles, GB17761-2024, has been implemented, prohibiting the sale of old models and leading to a limited supply of new models in the market [1][3] - The new standard imposes stricter requirements on speed, fire resistance, and the inclusion of a smart positioning system, with a maximum speed of 25 km/h and mandatory use of fire-resistant materials [2][6] - The transition period has resulted in a significant increase in prices for new standard electric bicycles, with price hikes ranging from 300 to 1000 yuan compared to old models [3][4] Group 2 - The market is experiencing a shift, with electric motorcycles gaining higher sales compared to new standard electric bicycles, indicating a potential change in consumer preferences [6][7] - Companies are responding to the new standard by adjusting their production lines and focusing on high-quality manufacturing and smart features to enhance product competitiveness [7][8] - The overall sentiment in the industry remains optimistic, with expectations of sustained market demand as manufacturers ramp up production of new standard models [6][7]

Core Viewpoint - The implementation of the new national standard for electric bicycles (GB17761-2024) has led to a limited supply of compliant models in the market, resulting in fewer choices and increased prices for consumers [2][6]. Group 1: New National Standard Implementation - The new standard, effective from December 1, 2023, prohibits the sale of old electric bicycles and introduces stricter requirements regarding speed, fire safety, and smart positioning systems [2][4]. - Under the new regulations, electric bicycles must not exceed a speed of 25 km/h, and manufacturers are required to implement anti-tampering mechanisms to prevent speed modifications [5]. - The new standard mandates the use of higher-grade flame-retardant materials for key components and sets specific technical indicators for battery safety, including thermal runaway protection [5]. Group 2: Market Supply and Pricing - The market supply of new standard electric bicycles is still in its early stages, with many stores reporting low inventory levels, often displaying only one model with limited stock [6][8]. - Prices for new standard electric bicycles have increased by 300 to 500 yuan compared to old models, with some high-end models seeing price hikes of up to 1,000 yuan due to upgraded materials and features [6][8]. - Online sales channels reflect a similar trend, with only 1-2 models available from major brands, and many listings showing "out of stock" [7][8]. Group 3: Industry Response and Future Outlook - Companies are adjusting their production lines to comply with the new standard, with some brands like Aima announcing capacity transfers and temporary shutdowns of old production lines [8][11]. - Despite the current supply challenges, industry representatives express optimism about the future, believing that the new standard will enhance safety and drive demand as production ramps up [10][11]. - The market is also witnessing a shift towards electric motorcycles, which are not subject to the new regulations and have shown higher sales volumes compared to new standard electric bicycles [10][11].

12月1日，新修订的强制性国家标准《电动自行车安全技术规范》实施过渡期正式结束，旧国标电动自 行车全面停售。 当前电动自行车市场情况怎样？新标准带来哪些变化？"新华视点"记者进行了采访。 新车型正在铺货 市场存观望情绪 "12月1号，我们开始全部切换到新国标车辆的销售。"在广州天河雅迪电动车销售店内，上市不久的新 国标产品摆满展厅。店长曾秀章介绍，店铺已经上架5款新国标车型，基本存量在50台左右。 广州天河雅迪电动车销售店在售的新国标电动车。(受访者供图) 情况、政策要求进行讲解，帮助消费者更好了解产品。"曾秀章说。 售价上涨也是各方频繁提及的话题。记者发现，在售的部分新国标产品较此前类似款式，价格有几百元 到千元不等的涨幅。 新日电动车销售公司副总经理韩剑秋介绍，新标准对防火阻燃性能、车身结构安全性、刹车性能等提出 更严格的要求，在一定程度上带来成本上升，涨价也会对一些消费者产生影响。 "目前新国标还处于消费者接受的过渡期。"广东省电动车商会执行会长蓝世有预计，明年随着更多新产 品陆续上市，"以旧换新"等相关政策启动，新国标电动自行车或将获得更多市场认可。 近日，记者走访北京、广州、南京等地多家电动自行车销 ...

Group 1 - The domestic sales of electric two-wheelers reached 32.325 million units in the first half of 2025, representing a year-on-year growth of 29.5%, driven by the implementation of new national standards which are expected to release replacement demand [1] - The new standards are expected to significantly increase the penetration rate of smart electric bicycles, with a notable shift in product structure anticipated by 2026 [1] - The implementation of the new standards raises technical barriers and capital thresholds in the industry, accelerating the process of industry consolidation [1] Group 2 - Leading companies like Yadea and Aima are benefiting significantly from the new standards, with Yadea achieving a revenue of 19.186 billion yuan in the first half of 2025, a year-on-year increase of 33.1% [2] - Aima has made significant breakthroughs in fire-resistant materials and lightweight technology, with its new magnesium alloy frame reducing weight by 30% and costs by 15%, fully complying with the new standards [2] - New Day Holdings is focusing on the smart connected field, having developed a dedicated positioning chip for electric bicycles in collaboration with Beidou Star, achieving mass production [2] Group 3 - The new standards present challenges such as increased production costs, estimated to rise by 100 to 600 yuan per electric bicycle due to the application of new materials and technologies [3] - Insufficient technical reserves hinder some companies' ability to transition, particularly in the development of the Beidou positioning system which requires expertise across multiple fields [3] - The establishment of a comprehensive recycling system is urgent as the acceleration of old vehicle elimination necessitates improved recycling and utilization frameworks [3]

Core Insights - The transition from old to new national standards for electric bicycles has led to a significant inventory clearance of old models, with new models expected to be launched soon [2][5][6] - The new standards impose stricter requirements on safety, quality, and technology, resulting in price increases of 500 to 1000 yuan for new models compared to old ones [2][10] - Major companies in the industry, such as Aima Technology, Ninebot, and New Day, have reported double-digit revenue and profit growth in the first three quarters of 2025, indicating a positive market response to the new standards [13][14] Industry Transition - The new national standard, GB 17761-2024, was officially implemented on December 1, 2025, with a focus on safety and quality improvements, including speed limits and battery compatibility [4][5] - Companies are facing challenges in adapting their manufacturing systems and supply chains to meet the new standards, but many have already begun production of compliant models [6][12] - The market is shifting from price competition to a value-based competition centered on technology, safety, and intelligence [15] Market Dynamics - The demand for electric bicycles is expected to rise due to increased consumer awareness of safety features and the availability of government subsidies [13][14] - The industry is experiencing a significant transformation, with a focus on smart features and enhanced safety measures, which are becoming key selling points for consumers [12][15] - Companies like Aima and Ninebot are expanding their product lines to include a variety of models that cater to different consumer needs, indicating a strategic response to the new market conditions [7][14]

截至月份: 2025年11月30日 狀態: 新提交 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 致：香港交易及結算所有限公司 公司名稱: 雅迪集團控股有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01585 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 USD | | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 USD | ...

Core Viewpoint - The implementation of the new national standard for electric bicycles (GB 17761—2024) marks a significant safety upgrade for the industry, setting higher technical requirements and driving transformation [1][5]. Industry Overview - The new national standard establishes clear safety thresholds for the electric bicycle industry, enhancing safety measures across various dimensions, including fire resistance of non-metal materials, limiting plastic usage, improving anti-tampering technology, and enhancing braking performance [5][8]. Company Actions - Yadea, as a leading enterprise, has taken proactive measures to comply with the new standards, showcasing its commitment to industry responsibility and safety through upgrades in critical safety components such as plastic parts, wiring harnesses, and battery boxes [8][9]. - Yadea ceased production of old standard vehicles in August 2023, fully transitioning to manufacturing new standard models, demonstrating strategic execution as a market leader [9][10]. Market Performance - Yadea's actions have translated into robust financial performance, achieving a revenue of 19.186 billion yuan in the first half of 2025, reflecting a year-on-year growth of 33.1% during a critical policy transition phase [12]. Innovation and Development - Yadea is focusing on innovation-driven development, with initiatives spanning technology, product upgrades, and market expansion to support the effective implementation of the new standards [15]. - The company has developed a sodium-ion battery-based "Hua Yu Extreme Sodium Supercharging Ecosystem," significantly enhancing energy experiences for short-distance travel [18]. Global Reach - Yadea has established a strong global presence, exporting products to over 100 countries and regions, earning the trust of over 100 million users, and maintaining the title of the world's top seller for eight consecutive years [21]. - The establishment of ten smart R&D bases worldwide, including locations in China, Vietnam, Indonesia, Thailand, and Mexico, reinforces Yadea's leading position in the short-distance travel sector [21].

Core Viewpoint - The electric bicycle market in China is undergoing a significant transition as the deadline for the old national standard approaches, leading to a surge in demand for old standard bikes while new standard bikes face supply shortages [1][2][4]. Market Dynamics - The old standard bikes are experiencing a "last train" sales boom, with some stores reporting that their remaining inventory will only last for a couple of weekends [2]. - Sales of old standard bikes in Beijing have nearly doubled compared to previous years, driven by the impending deadline and local subsidy policies [2][4]. - There is a supply-demand imbalance for old standard bikes, which may lead to price fluctuations as inventory becomes scarce [4]. Consumer Behavior - Consumers are torn between choosing compliant new standard bikes and the faster, albeit less safe, old standard bikes [1][7]. - Some consumers prefer old standard bikes for their speed and lower price, while others prioritize safety and are willing to wait for new standard models [8][10]. - The price difference between new and old standard bikes can be significant, with new models costing several hundred yuan more due to enhanced safety features [10]. Regulatory Environment - The transition to new standards has prompted some retailers to engage in "gray market" practices to circumvent regulations, such as registering old standard bikes under different names to continue selling them [5][6]. - The new national standard imposes stricter safety requirements, including speed limits and anti-tampering measures, which complicate illegal modifications [6][12]. - Regulatory bodies are increasing inspections and enforcement actions against non-compliant sales practices, indicating a tightening of market oversight [12][16]. Industry Implications - The shift to new standards is expected to reshape the competitive landscape, favoring companies that can quickly adapt to regulatory changes and consumer demands [16]. - Companies are investing in technology upgrades and supply chain optimization to meet new standards and maintain profitability [10][16]. - The new regulations are seen as a catalyst for industry-wide improvements in safety and product quality, although consumer education on the importance of safety features remains a challenge [17].

Core Viewpoint - The introduction of the new national standard for electric bicycles is accelerating the segmentation of the two-wheeler market, with a focus on safety and performance, leading to a shift in user demographics and preferences [3][4]. Group 1: Market Segmentation - The new national standard is expected to create a primary user base of urban commuters and short-distance travelers who prioritize safety [2][4]. - Users engaged in delivery, logistics, and entertainment, who previously relied on over-standard or illegally modified vehicles, are likely to transition to electric motorcycles as substitutes [2][4]. Group 2: High-End Electric Motorcycle Growth - High-end electric motorcycles priced above 4000 yuan are projected to grow by 87% in 2024, driven by brands like Ninebot, Yadea, and Niu [2]. - The primary consumers of high-end electric motorcycles are young individuals seeking personalized and high-quality riding experiences, with a repurchase rate twice that of lower-end models [2][6]. Group 3: Battery Technology and Performance - The shift towards lithium batteries in electric motorcycles is significant due to their advantages in weight, energy density, and overall performance compared to lead-acid batteries [5][6]. - Companies like Xingheng Power are advancing battery technology, introducing high-capacity lithium batteries designed specifically for electric motorcycles, addressing the needs of over 90% of users [7]. Group 4: International Market Opportunities - The overseas market, particularly in Europe and the U.S., is becoming a testing ground for Chinese high-end electric motorcycle brands, with significant subsidies available in countries like Belgium and Italy to promote electric vehicle adoption [9][10]. - Brands like Yadea and Niu are performing well in Europe, with Niu's targeted development of mid-to-high-end models contributing to an estimated sales revenue of 170 million yuan in 2024 [9][10]. Group 5: Future Outlook - The new national standard is expected to catalyze a more segmented electric motorcycle market domestically, while validated overseas markets will further drive demand for lithium batteries [11].