Yadi Holdings (01585) rose more than 5%. As of press release, it was up 5.04% to HK$14.16, with a turnover of HK$56.328,600.
The Zhitong Finance App learned that Yadi Holdings (01585) rose more than 5%. As of press release, it had risen 5.04% to HK$14.16, with a turnover of HK$56.32,600.
According to the news, starting in mid-late March, Jiangsu, Zhejiang, Guangdong and other places have successively stepped up spot checks on sales stores in the electric two-wheeler industry. CITIC Construction Investment pointed out that in the short term, some demand has been suppressed, but demand may be released more flexibly after mid-April. At the same time, the “national lottery” is expected to significantly boost subsequent purchases in places such as Jiangsu and Tianjin, as well as the stricter investigation and punishment of vehicles that have exceeded the standard in the market. At the same time, the “trade-in” policy has not yet been implemented, and the effects of related policies will follow, and it is expected that it will also give a significant boost to industry demand.
Haitong Securities, on the other hand, said that sales of the company's electric two-wheeler products achieved significant growth in 2023, mainly due to: 1) expanding its product portfolio, the company launched 16 new electric scooters and 33 new electric bicycles in 2023, and even released the first-generation sodium-ion battery “Extreme Sodium 1” and its supporting model Extreme Sodium G25; 2) increasing marketing activities; and 3) expanding the sales network. Furthermore, continuous iteration of battery products and vertical integration of supply chains promote product competitiveness.