Prix Luyuan Group Holding Cayman Ltd (02451.HK)

Luyuan Group Holding (Cayman) Ltd. engages in the development and manufacture of electric vehicles. The company is headquartered in Jinhua, Zhejiang and currently employs 2,986 full-time employees. The company went IPO on 2023-10-12. The Company’s main business is engaged in the development, manufacture and sale of electric vehicles and related accessories. The Company’s products include electric bicycles, electric scooters, batteries, electric two-wheeled vehicle parts and other products. The firm provides customers with a variety of electric vehicle models including S series, Moda series, JIYING series, INNO series, Cola series, Liva series and KALE series under the brand Luyuan. The firm sells its products through offline sales and distribution networks as well as online retail channels. The firm mainly conducts its business in the domestic market.