HK Movers | Folding Bike Giant Dahon Tech Soars 33% to HK$ 66 in HK Market Debut

Folding Bike Giant Dahon Tech Soars 33% to HK$ 66 in HK Market Debut

DAHON TECH is a renowned folding bicycle company. The DAHON brand was founded by Dr. David Hon in 1982 and is well-known for its technical expertise, innovative spirit, craftsmanship, and commitment to superior performance and product quality.

According to data from CIC Consulting:

• In 2024, by retail volume, DAHON TECH ranked first in both the Chinese mainland and global folding bicycle industries, with market shares of 26.3% and 6.2%, respectively.

• In 2024, by retail sales, Dahan Technology ranks first in the folding bicycle industry in mainland China with a market share of 36.5%; it ranks second globally in the folding bicycle industry with a market share of 2.9%.

Dahan Technology has built a comprehensive range of bicycle products based on its popular long-standing models, such as the P8, launched in the 2000s, and newly developed models. The company's product portfolio has expanded from folding bicycles to other types, including road bicycles, mountain bicycles, children's bicycles, and e-bikes. As of April 30, 2025, Dahan Technology offers over 70 bicycle models.

According to CIC, Dahan Technology is the brand with the most patents in the Chinese folding bicycle industry, holding 108 valid patents in mainland China as of December 31, 2024. The company also holds 22 valid patents in the United States, Europe, and Japan. As of September 30, 2024, through the 360 Sharing Project, Dahan Technology has licensed its advanced components, which include exclusive patented technology, and the Dahan brand to 18 and 14 peers, respectively.

Dahan Technology positions its bicycles in different market segments based on their retail prices, including the high-end segment (with a suggested retail price of RMB 5,000 or more per unit), the mid-range segment (with a suggested retail price of up to RMB 5,000 but below RMB 5,000 per unit), and the mass market segment (with a suggested retail price below RMB 2,500 per unit).

Dahan Technology's revenue primarily comes from the sale of Dahan bicycles. Additionally, the company generates income from the sale of accessories, apparel, and other related products, as well as through licensing and royalty fees from the 360 Sharing Project (including fixed licensing fees and variable royalty fees based on a percentage of the factory delivery price of shared brand products).