Core Insights - The article highlights the success of Dahan Technology (Shenzhen) Co., Ltd., which has become the largest folding bike brand in China, driven by a growing cycling trend and significant revenue growth [1][4]. Company Overview - Dahan Technology has 326 employees and sold 229,500 bicycles in 2024, generating revenue of 450 million yuan [1]. - The company has experienced a compound annual growth rate (CAGR) of 24% in revenue over the past three years [1][8]. - The average net profit per bicycle sold is 228 yuan, with a total net profit of 52.3 million yuan in 2024 [1]. Product Pricing and Market Position - 70% of Dahan's folding bikes are priced between 2,500 and 5,000 yuan, while 10% are priced above 5,000 yuan [1]. - Dahan holds a 36.5% market share in the folding bike industry in mainland China as of 2024 [8]. Production and Supply Chain - The proportion of bicycles produced by OEM suppliers increased from 29.5% in 2022 to 65.5% in the first four months of 2025 [9]. - The internal production gross margin is 34.9%, compared to 27.3% for OEM-produced bikes, leading to an average gross margin of 32.1% [10]. Sales and Distribution - Dahan collaborates with 38 distributors covering 680 retail points, with 70% of sales coming from these distributors [13]. - The company has also started selling customized folding bikes through Sam's Club [13]. Future Growth and Revenue Streams - Dahan plans to establish new production facilities in Huizhou and invest in existing facilities in Tianjin and Jiangsu to increase capacity [11]. - The company has begun exploring additional revenue streams through brand and patent technology licensing, which currently accounts for about 1.2% of total revenue [14].

Group 1 - The event "Shenzhen New Consumption Season Innovation Competition" and the first "Baoan Quality Products and Enterprises" list were launched in Baoan District, focusing on new consumption experiences and innovations [1][2] - The competition encourages shopping centers, chain brands, and platform enterprises to innovate in consumption practices, resulting in 18 outstanding cases being selected [1] - Notable selected cases include "Relax Life Festival" and "Limited Bread Community 5.0" from Baoan, as well as "Dream Island Forest" from Qianhai One Square [1] Group 2 - The first "Baoan Quality Products and Enterprises" list revealed 25 outstanding companies across five sectors: consumer goods, life services, commercial channels, wholesale and supply chain, and catering [2] - The list features global leaders like "Baoan Manufacturing" products, including folding bikes and ergonomic chairs, as well as well-known companies like SF Express and local brands like Jasmine Milk Tea [2]