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Dahon Outsources To North Chinas Kelin Group

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TIANJIN, China Dahon Bicycles, which claims to be the world leader in production of folding bicycles, on March 24 announced plans to establish a cooperation with one of North China’s leading bicycle manufacturers, the Kelin Group, for the manufacture of folding bikes in Tianjin, China, destined for the Chinese market. Dahon founder Dr. David Hon was present at the China North International Cycle Show for the announcement, which was made on the trade fairs opening day. Dr. Hon announced Dahons plans to expand its total capacity of folding bicycles to 800,000 units per year within three years, and to grow capacity for folding electric bicycles to 100,000 units per year within the same time frame.

Dahon Outsources To North Chinas Kelin Group

TIANJIN, China – Dahon Bicycles, which claims to be the world leader in production of folding bicycles, on March 24 announced plans to establish a cooperation with one of North China’s leading bicycle manufacturers, the Kelin Group, for the manufacture of folding bikes in Tianjin, China, destined for the Chinese market.  Dahon founder Dr. David Hon was present at the China North International Cycle Show for the announcement, which was made on the trade fair’s opening day. Dr. Hon announced Dahon’s plans to expand its total capacity of folding bicycles to 800,000 units per year within three years, and to grow capacity for folding electric bicycles to 100,000 units per year within the same time frame.
The Kelin Group is valued at over US$ 23 million (€ 19 mn) and is one of the leading bicycle manufacturers in Tianjin, a north China manufacturing region one and a half hours from Beijing by train. Last year, Kelin’s capacity was 2.6 million bicycles and 200,000 electric bicycles and revenues hit US$ 57 million (€ 47 mn). The group is also a local leader in branding, with its Sykee (pronounced sai-kee, similar to ‘psyche’) brand established in the domestic market and looking to expand internationally.
The announcement also included plans to establish an inspection and R&D center in China, set up by the central government and the China Bicycle Association. Dr.David Hon will head this laboratory.  Dahon is based in Los Angeles, California and operates factories in Taiwan, Macao, and China. Dr. Hon said that Dahon’s future expansion will happen through alliances, namely deals involving OEM and the licensing of various technologies. The current deal with Kelin involves licensing of some of Dahon’s 160 plus patents. (DF)
 
 

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