从修车学徒到世界冠军！张雪机车引爆资本圈

Core Viewpoint - Zhang Xue's motorcycle brand has achieved a historic victory in the World Superbike Championship, breaking the long-standing dominance of European, American, and Japanese brands in the top international events, making it a focal point in both the global motorcycle and domestic capital markets [2]. Group 1: Investment and Capital Involvement - Just 23 days before the championship victory, Zhang Xue's motorcycle brand underwent a shareholder change, adding two strategic investors from Zhejiang Provincial Venture Capital Group, which is a significant state-owned investment platform [4]. - Zhejiang Provincial Venture Capital Group led a Series A investment of 90 million yuan in January 2026, resulting in a post-investment valuation of 1.09 billion yuan, aimed at supporting high R&D investment and integrated capacity expansion [4]. - High信 Capital invested 20 million yuan as an angel investor when Zhang Xue founded the brand in 2024, marking its commitment to supporting the brand from its inception [5]. Group 2: Company Growth and Market Performance - Zhang Xue's motorcycle brand, established in April 2024, quickly gained market traction, with the first batch of 500RR motorcycles delivering over 25,000 units in 2025, positioning it among the top domestic large-displacement motorcycle brands [11]. - The company plans to invest 135 million yuan in R&D in 2026, aiming to launch six new models and achieve sales of over 50,000 units [12]. - The flagship model 820RR received 1,986 pre-orders within 12 hours of opening, while the popular 500RR has over 6,000 pending orders, indicating strong market demand [12]. Group 3: Founder’s Journey and Brand Development - The founder, Zhang Xue, began his journey in the motorcycle industry as an apprentice at 17, later becoming a motocross racer and gaining valuable experience before establishing his own brand [9][10]. - In 2017, he founded Kaiyue Motorcycle, participating in the Dakar Rally, which provided critical R&D and competitive experience [10]. - The brand's rapid growth is attributed to a strong focus on R&D, with 9.33% of total output value allocated to R&D in 2025, and a highly educated R&D team [11].