Core Viewpoint - The company, Daxing Kegong, has seen a significant increase in its stock price after its IPO, reflecting strong market interest and performance in the folding bicycle industry [1] Company Overview - Daxing Kegong is the largest folding bicycle company in mainland China, leading in both retail volume and retail value for 2024 [1] - The company holds a market share of 26.3% in terms of retail volume and 36.5% in terms of retail value within the mainland folding bicycle industry for 2024 [1] - As of April 30, 2025, the company offers over 70 models of bicycles [1] Patent and Innovation - Daxing Kegong possesses the most patents in the Chinese folding bicycle industry, with 113 valid patents in mainland China as of April 30, 2025 [1] - The company also holds 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 [1] - The total market capitalization at the time of the IPO was HKD 15.67 billion, with an initial public offering price corresponding to a static PE ratio of approximately 27.4 times, which is higher than the industry average of 22 times [1]
大行科工午后涨超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