In early January, folding bicycle manufacturer DAHON TECH (HKEX Stock Code: 02543.HK) and Ideal Bike Corp (TPEx Stock Code: 8933) signed a strategic cooperation agreement at DAHON's headquarters, with a focus on green mobility. Amid intensifying global market competition, the alliance centers on overseas business expansion, "tapping into the complementary strengths of both parties."

Dahon, one of the biggest folding bicycle makers in the world, jumped on its Hong Kong trading debut after investors flocked to its initial public offering on September 9, 2025. Dahon Tech, a subsidiary of Dahon, successfully listed on the Main Board of the Hong Kong Stock Exchange. "With an oversubscription rate of 7,558 times, media recognized it as Hong Kong's most oversubscribed listing ever," adds Dr. David Hon, the company's founder and CEO.

Dahon is responding to the growth of the e-bike market worldwide with a new alliance and factory. The company is forming an 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.

HONGKONG - Folding bike specialist Dahon Tech (02543.HK) officially debuted on the Main Board of the Hong Kong Stock Exchange today. It even garnered the attention of the Hong Kong capital market as a 'Star Stock' of 2025. On its first day of trading, Dahon Tech opened at 67.5 RMB (€ 8.07), a 36.4% increase from its listing price of 49.5 RMB (€ 5.92). The high and low reached 69 RMB (€ 8.25) and 56.4 RMB (€ 6.74), respectively, before closing at 60 RMB (€ 7.17). Half-day trading volume was 6.7537 million shares, totalling 455 million RMB (€ 54.4 million).

At the 717 JD Cycling Festival in Beijing, the silver-gray, drop-bar folding bike Dahon P18 Ultra zipped past the finish line and claimed victory with lightning speed. With this performance, it challenged the industry's perception that "portability and speed cannot coexist" for folding bikes. The decisive victory not only ignited a renewed interest in folding bikes among cycling enthusiasts, but also brought the company's proprietary bike tech Dahon-V into the spotlight for its speed.

Dahon, a leader in folding bike innovation, is set to make a grand return at Eurobike 2025, unveiling groundbreaking new technologies. The company will offer test rides, but also provides chances to win a bike.