Core Viewpoint - 大行科工 is the largest folding bicycle company in mainland China, with significant market shares in both retail volume and revenue for 2024 [3]. Company Overview - 大行科工 ranks first in the folding bicycle industry in mainland China, holding a market share of 26.3% in retail volume and 36.5% in retail revenue for 2024 [3]. - The company offers a diverse range of bicycle models, including folding bicycles, road bikes, mountain bikes, children's bikes, and electric assist bikes, with over 70 models available as of April 30, 2025 [3]. Sales and Distribution Network - 大行科工 has established a comprehensive sales and distribution network, collaborating with 38 distributors across 30 provincial-level administrative regions in China, covering 680 retail points [4]. - The company has expanded its online sales channels, achieving a significant increase in online direct sales revenue from 14.1 million RMB in 2022 to approximately 100 million RMB in 2024, representing a compound annual growth rate of 166.1% [4]. Business Growth - The company's sales volume increased from 148,956 units in 2022 to 156,877 units in 2023, and further to 229,525 units in 2024, with a compound annual growth rate of 24.1% [4]. - For the four months ending April 30, 2025, sales volume surged by 46.5% compared to the same period in the previous year [4]. Financial Performance - 大行科工's revenue for the fiscal years 2022, 2023, and 2024 was approximately 254.2 million RMB, 300.2 million RMB, and 451 million RMB, respectively [5]. - The company's profit and total comprehensive income for the same periods were 31.4 million RMB, 34.9 million RMB, and 52.3 million RMB, respectively [5].

Core Viewpoint - Dahang Kegong (Shenzhen) Co., Ltd. is the largest folding bicycle company in mainland China, with significant market shares in both retail volume and value as of 2024 [1] Group 1: Company Overview - Dahang Kegong ranks first in the folding bicycle industry in mainland China, holding a market share of 26.3% in retail volume and 36.5% in retail value according to data from Zhaosheng Consulting [1] - The company has expanded its product lineup from folding bicycles to include road bikes, mountain bikes, children's bikes, and electric assist bikes, reflecting its commitment to innovation and market responsiveness [1] Group 2: Sales and Distribution Network - The company has established a comprehensive and efficient sales and distribution network, collaborating with 38 distributors across 30 provincial-level regions in China, covering 680 retail points [2] - Online sales have significantly increased, with direct sales revenue soaring from 14.1 million RMB in 2022 to approximately 100 million RMB in 2024, representing a compound annual growth rate of 166.1% [2] - The company's products are also sold in 28 other countries and regions, including Southeast Asia, the United States, and Europe, although this accounts for a relatively small portion of overall sales [2] Group 3: Business Growth - Dahang Kegong has experienced strong business growth, with sales volume increasing from 148,956 units in 2022 to 156,877 units in 2023, and further to 229,525 units in 2024, reflecting a compound annual growth rate of 24.1% [2] - For the four months ending April 30, 2025, sales volume rose from 63,758 units to 93,398 units, marking a growth rate of 46.5% [2] Group 4: Financial Performance - The company's revenue for the fiscal years 2022, 2023, and 2024 was approximately 254 million RMB, 300 million RMB, and 451 million RMB, respectively [3] - The total profit and comprehensive income for the same periods were 31.43 million RMB, 34.85 million RMB, and 52.30 million RMB, respectively [3]

Core Viewpoint - Dahang Kegong (Shenzhen) Co., Ltd. is the largest folding bicycle company in mainland China, with significant market shares in both retail volume and revenue for 2024 [3]. Company Overview - Dahang Kegong ranks first in the folding bicycle industry in mainland China, holding a market share of 26.3% in retail volume and 36.5% in retail revenue for 2024 [3]. - The company offers a diverse range of bicycle models, including folding bicycles, road bikes, mountain bikes, children's bikes, and electric assist bikes, with over 70 models available as of April 30, 2025 [3]. Sales and Distribution Network - The company has established a comprehensive and efficient sales and distribution network, collaborating with 38 distributors across 30 provincial-level administrative regions in China, covering 680 retail points [4]. - Dahang Kegong has expanded its online sales channels, achieving a significant increase in online direct sales revenue from 14.1 million RMB in 2022 to approximately 100 million RMB in 2024, representing a compound annual growth rate of 166.1% [4]. Business Growth - The company experienced strong business growth, with sales volume increasing from 148,956 units in 2022 to 156,877 units in 2023, and further to 229,525 units in 2024, reflecting a compound annual growth rate of 24.1% [4]. - For the four months ending April 30, 2025, sales volume surged by 46.5% compared to the same period in the previous year [4]. Financial Performance - Dahang Kegong's revenue for the fiscal years 2022, 2023, and 2024 was approximately 254.2 million RMB, 300.2 million RMB, and 450.7 million RMB, respectively [5]. - The company's profit and total comprehensive income for the same periods were 31.4 million RMB, 34.9 million RMB, and 52.3 million RMB, respectively [5].