“This successful listing not only reflects the global market's recognition of sustainable mobility solutions but also underscores our commitment to innovation,” continues Dr. Hon. “The influx of capital will empower us to further our mission in the evolving landscape of green transportation.”
Immediately following its listing, Dahon announced its first major initiative: a strategic alliance with Golden Wheel Group to establish the new company Dagold Technology. Its new Dagold Factory in Tianjin, China, was officially opened on October 16th, becoming its second production base. This new facility will leverage regional cost advantages to enhance production capacity for entry-level product lines, enabling the company to broaden its market reach and meet diverse consumer needs.
Strategic development
“We are embarking on a clear strategic path aimed at maximizing growth and value for our stakeholders,” emphasises Dr. Hon. Then he goes on to explain the three core directions of this strategic upgrade:
- Building a global elite team
Dahon is engaging top international consulting firms to refine its global brand operations, digital marketing strategies, and comprehensive planning, enhancing its market influence and brand image. - Technological upgrade and R&D cultivation
The company is committed to establishing a seamless integration of R&D, production, and sales, fostering an environment for innovation. Its talent development initiatives will include university partnerships to cultivate high-caliber professionals in bicycle manufacturing. - Expansion of the Deltech technological ecosystem
Dahon’s proprietary Deltech technology significantly enhances the rigidity of bike frames, offering a competitive edge in speed and performance. This innovation has garnered attention from over 1,000 media outlets, including Bloomberg, Reuters, and The New York Times. With Deltech, some of their folding bicycles outpace many road bikes while maintaining their portability.
Our models perform strongly, even in challenging markets, which proves our resilience and robustness”
Industry partnerships
Dahon is actively pursuing partnerships with distinguished companies worldwide to transform the bicycle industry. “We invite collaboration in several key areas,” mentions Dr. Hon. “We look to R&D institutions for technical cooperation, and to distributors and agents for exclusive product rights and co-branding opportunities. Besides that, we aim to find high-quality suppliers to strengthen our supply chain and enhance our service standards. And of course, we are always wanting to recruit talented professionals. We already have three PhDs in our R&D team, and we continue to attract outstanding research and management talent globally.”
Behind the brand
Dr. Hon concludes with a description of the brand’s main benefits: “We ranked first in global folding bike sales in 2024 and have the most folding bicycle patents in China. Our models perform strongly, even in challenging markets, which proves our resilience and robustness. And now our successful listing in Hong Kong boasted a solid lineup of cornerstone investors and substantial cash flow. That makes Dahon a leading brand in the market.”
This article is sponsored by Dahon.
