Deloitte China assists listing of DAHON TECH on SEHK
A HK IPO with the highest-ever public oversubscription rate in HK IPO history
Deloitte China supported the listing of DAHON TECH (SHENZHEN) CO. (DAHON TECH, stock ticker: 02543.HK) on the Stock Exchange of Hong Kong (SEHK) on 9 September 2025.
DAHON TECH offered about 7.92 million shares at HKD49.50 each, raising around HKD392 million. DAHON TECH received an oversubscription of over 7,558 times for its HK public offering—the highest oversubscription rate in Hong Kong IPO history.
Representatives of DAHON TECH, Deloitte China, and other professional intermediaries attended DAHON TECH's listing ceremony at SEHK.
(From left) Richard Xie, Deloitte China's Audit & Assurance (A&A) senior; Frankie Xue, A&A manager; Sherman Ng, A&A senior manager; Jacqueline Chow, Southern Region Offering Services partner of Capital Market Services Group (CMSG); Robert Lui, Deloitte China's Southern Region Offering Services Leader for CMSG; Dr. Hon Ta-Wei, Executive Director, Chairman of the Board and General Manager of DAHON TECH; Ernest Lee, Deloitte China's Technical partner and a member of the Listing Committee of the SEHK; Billy Chung, CMSG's Southern Region Offering Services partner; Lee Hsiu-Fen, Executive Director and Chief Financial Officer of DAHON TECH; Frankie Xue, A&A manager; and Grace Luo, A&A associate director, attended DAHON TECH’s listing ceremony at SEHK.
Client overview
DAHON TECH is the Chinese mainland’s largest folding bicycle company in terms of retail sales volume and retail sales value of folding bicycles in 2024. DAHON TECH is one of the growing folding bicycle companies in the Chinese mainland, dedicated to providing consumers with folding bicycles and cycling-related products that are easy to ride, fold, store, and use.
Source: DAHON TECH's IPO prospectus published on 1 September 2025
Deloitte’s role
As one of the core service institutions of this new listing engagement, Deloitte China has been deeply involved in the entire process of offering reporting, fundraising and listing of this client. Deloitte has fully leveraged advantages of the collaborations between its Hong Kong and Shenzhen audit engagement teams. The two teams worked seamlessly, cooperated closely, and communicated and integrated resources effectively. This has enhanced both efficiency and quality of the project execution and demonstrated Deloitte's integrated capital market service capabilities.
Deloitte China congratulates DAHON TECH on its successful listing on the SEHK. We will continue to provide high quality professional services and outstanding resources integration to assist more clients to take one-step ahead in today's increasingly competitive and complex business environment.
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Deloitte China provides integrated professional services, with our long-term commitment to be a leading contributor to China’s reform, opening-up and economic development. We are a globally connected firm with deep roots locally, owned by our partners in China. With over 20,000 professionals across 31 Chinese cities, we provide our clients with a one-stop shop offering world-leading audit, tax and consulting services.
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