Core Viewpoint - The stock of Dahan Kegong (02543) has seen a significant increase of over 6%, currently trading at 62.15 HKD, with a transaction volume of 19.67 million HKD, indicating strong market interest in the company [1] Company Summary - Dahan Kegong is recognized as the largest folding bicycle company in China, focusing on a variety of folding bicycle products that cater to different consumer segments [1] - In 2024, nearly 70% of the company's products are positioned in the mid-range price segment of 2500-3000 RMB, with a gradual increase in the proportion of mid-range products [1] - The distribution channels are primarily dealer-based, accounting for nearly 70% of sales [1] - Due to increasing sales, the company is expected to see its OEM outsourcing ratio exceed 50% in 2024 [1] - From 2023 to April 2025, the company has reported revenue growth rates of 18.1%, 50.2%, and 46.9% year-on-year, while net profit growth rates were 10.9%, 50.1%, and 69.1%, demonstrating rapid growth [1] Industry Summary - Folding bicycles are gaining popularity due to their convenience for urban commuters and cycling enthusiasts, aligning well with China's urbanization and infrastructure development [1] - The rise of new consumer habits and the emergence of new brands are creating investment opportunities in the cycling sector, with increasing penetration rates and higher average transaction values being notable trends [1]
大行科工午后拉升超6% 公司为国内折叠自行车行业龙头