Luyuan Group Holding (Cayman) Limited
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Luyuan Group Holding (Cayman) Limited - overview
Established
1997
Location
Jinhua, Zhejiang, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
Founded in 1997 and based in Jinhua, China Luyuan Group Holding (Cayman) Limited is an automobile company that provides customers with electric two-wheeled vehicles. It has set up three intelligent manufacturing bases in Zhejiang, Guangxi, and Shandong. The company has opened over 100,00 specialty stores and service outlets. In September 2023, Chongqing Dazu District Huaiyuan Construction Investment, Phylion Battery Co.
, Ltd, and other investors invested in Luyuan Group Holding (Cayman) Limited for HKD 443. 65 million. In October 2023, it was listed on the Hong Kong Stock Exchange with stock code 2451. The company's founder and CEO, Jihong Hu, graduated from Hefei Polytechnic University and served as a director of the China Fashion Color Association.
The company is committed to the research and development of electric bicycles. The products can be categorized into S series, Moda series, INNO series, etc. Its electric vehicles are equipped with liquid-cooled motors, ceramic brakes, steel mesh tires, and other technologies. In 2022, the company's operating revenue was CNY 4.
783 billion and net profit was CNY 118. 03 million.
Current Investors
Phylion Battery Co., Ltd., Jinhua Industrial Fund, Jinhua Jinkai State Owned Capital Investment
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Software
Website
www.luyuan.cn
Verticals
Clean Technology, Electric & Hybrid Vehicles, Manufacturing, Mobile Apps
Total Amount Raised
Subscriber access only
Luyuan Group Holding (Cayman) Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | Luyuan Group Holding (Cayman) Limited | - | ||||||||
| LP Direct | Completed | Luyuan Group Holding (Cayman) Limited | - | ||||||||
| Growth | Completed | Luyuan Group Holding (Cayman) Limited | - |
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