HK Stock Market Move | YADEA (01585) gained nearly 4%. The new national standard for the bicycle industry officially landed, leading companies are accelerating their expansion to increase market share.

YADEA (01585) rose nearly 4%, trading at a 3.9% increase, closing at HK$12.24, with a transaction amount of HK$17.62 million. CITIC SEC released a research report stating that on January 13, the "Electric Bicycle Safety Technical Specification" (GB 17761-2024) , the new national standard for the two-wheeled vehicle industry, was officially implemented. This official draft continues the focus on the safety of two-wheeled vehicles from the September 2024 solicitation draft, adding safety requirements for controlling plastic parts and battery safety. At the same time, the document further promotes the practical application of standards, further relaxes the weight restrictions on two-wheeled vehicles, and optimizes positioning requirements; the transition period for manufacturers will end on September 1, 2025, and the transition period for sales will end before December 1, 2025. The bank believes that the industry policy orientation is clear, with the specific details of the new national standard in place, the top-level design has been completed, and leading companies will accelerate the expansion of market share with their advantages in compliance and product iteration capabilities. The bank recommends: YADEA, etc.