Core Viewpoint - The motorcycle industry is experiencing strong growth in the mid-to-large displacement segment, with significant increases in both domestic and export sales, indicating a positive outlook for 2025 [1][2][3]. Industry Overview - In January 2025, sales of motorcycles above 250cc reached 59,000 units, a year-on-year increase of 52.9% but a month-on-month decrease of 12.9% [1]. - The sales of motorcycles above 125cc were 605,000 units in January, reflecting a year-on-year growth of 16.0% and a month-on-month decline of 7.1% [2]. - Exports of motorcycles above 250cc totaled 39,000 units, up 76.1% year-on-year but down 16.4% month-on-month, driven by leading companies' growth in the 250-500cc segment [2]. Structural Analysis - Sales of motorcycles in the 250cc to 400cc range reached 35,000 units, a year-on-year increase of 89.7% [3]. - The 500cc to 800cc segment saw sales of 12,000 units, up 47.9% year-on-year and 57.9% month-on-month, with new multi-cylinder models contributing to growth [3]. - The overall mid-to-large displacement motorcycle sales maintained high growth rates, with domestic sales slightly affected by seasonal fluctuations [3]. Competitive Landscape - The top three companies in the 250cc+ segment in January were Qianjiang Motorcycle, Longxin General, and Chuanfeng Power, with a combined market share of 64.1%, indicating increasing industry concentration [4]. - Chuanfeng Power's total two-wheeler sales in January were 22,000 units, a year-on-year increase of 33.0% [4]. - Qianjiang Motorcycle's sales in January were 37,000 units, a year-on-year decrease of 2.5% but a month-on-month increase of 14.8% [7]. Company Performance - Qianjiang Motorcycle's sales of 250cc+ motorcycles in January were 11,000 units, with a market share of 17.9%, reflecting an 11.0% year-on-year increase [8]. - Longxin General's sales in the same segment were 9,000 units, up 43.0% year-on-year, with a market share of 15.0% [8]. - Chuanfeng Power's sales of 250cc+ motorcycles were 8,000 units, a year-on-year increase of 18.1% [8]. Future Outlook - The motorcycle market is expected to expand rapidly, with leading companies launching new models and brands, driving industry growth [14]. - Qianjiang Motorcycle is focusing on new models such as the Qianjiang 921 and Hong 250, which are expected to contribute to sales in 2025 [11]. - The export market for motorcycles is anticipated to maintain high growth rates, with significant increases in sales projected for 2025 [6].

证券简称： 华洋赛车 证券代码： 834058 浙江省丽水市缙云县新碧街道碧园路 139 号 浙江华洋赛车股份有限公司 浙江华洋赛车股份有限公司招股说明书 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 保荐人及证券服务机构承诺因其为发行人本次公开发行股票制作、出具的文件有虚假记 载、误导性陈述或者重大遗漏，给投资者造成损失的，将依法承担法律责任。 1-1-2 1-1-0 保荐人（主承销商） （上海市静安区新闸路 1508 号） 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资 ...

证券简称： 华洋赛车 证券代码： 834058 浙江省丽水市缙云县新碧街道碧园路 139 号 浙江华洋赛车股份有限公司 浙江华洋赛车股份有限公司招股说明书（注册稿） 本招股说明书注册稿不具有据以发行股票的法律效力，投资者应当以正式公告的招股说明书全 文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 1-1-0 保荐人（主承销商） （上海市静安区新闸路 1508 号） 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发 ...

浙江华洋赛车股份有限公司 浙江省丽水市缙云县新碧街道碧园路 139 号 浙江华洋赛车股份有限公司招股说明书（申报稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 保荐人名称和住所 保荐人主承销商名称和住所 1-1-0 证券简称： 华洋赛车 证券代码： 834058 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 慎作出投资决定。 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价值，自主作出投资 ...