SHENZHEN, China – Two days before the opening of the Taipei Int’l Cycle Show, Dahon celebrated its 25th anniversary with a Chinese banquet in Shenzhen. A large group of guests joined the celebrations with among them members of the Shenzhen Industrial Federation including Chairman Wang Zhao Wen, Dahon distributors and producers as well as a group of journalists from all over the world.
During the party founder and Dahon CEO Dr. David Hon together with his wife Florence and son Joshua looked back at the start of Dahon that already began at his high school times. At a recent reunion of his class a former fellow student reminded Dr. Hon that he already at that time was drawing the first foldable bike on the school board.
3 Million Bikes
“Now,” Dr. Hon said, “We are 3 million bikes further and foldables have become an item in the bike business. In China 20% of all bikes sold are folders; in Korea 30% and in Japan 9%. Last year we managed to take 1% of the high value Dutch market with our bikes. Over the years we have filed 170 patents and in 2007 we sold 380,000 bikes.”
“Dahon is doing well. But we have not yet completed our mission. Now we are starting with electric foldable bikes and are developing concepts for e-Cars running on solar energy. We want to branch out and contribute more to Green mobility. We have a vision on better technologies for tomorrow.”
In order to be even more ready for the next 25 years Dr. Hon also announced that Dahon will start building a new factory in the new Shenzhen bike industry park. The new facility will have a production capacity of 500,000 bikes per year and is expected to be up and running in the fall of 2009.
Caption: Dr. David Hon (middle) together with his wife Florence (r.) and son Joshua (l.).