Core Viewpoint - The company, Dahan Kegong, has seen a significant increase in its stock price after its IPO, rising over 27% from the offering price, indicating strong market interest and confidence in its growth potential in the folding bicycle industry [1] Company Overview - Dahan Kegong is the largest folding bicycle company in mainland China, leading in both retail volume and retail value for 2024, with a market share of 26.3% in volume and 36.5% in value [1] - The company offers over 70 models of bicycles as of April 30, 2025 [1] Patent and Innovation - Dahan Kegong holds the most patents in the folding bicycle industry in China, with 113 valid patents as of April 30, 2025, and an additional 22 valid patents in the United States, Europe, and Japan [1] Market Position and Valuation - The company is recognized as a leader in a niche segment of the bicycle industry and is currently in a growth phase, with an IPO market capitalization of HKD 1.567 billion and a static PE ratio of approximately 27.4 times, which is higher than the industry average of 22 times [1]
港股异动 | 大行科工(02543)午后涨超14% 较招股价涨超27% 公司在中国内地折叠自行车行业排名第一