HK Stock Market Move | YADEA (01585) rose more than 7% in early trading. Under the new national standard, the threshold for OEM manufacturers has increased. The company is expected to start selling new products by the end of August.

YADEA (01585) rose more than 7% in early trading, as of the time of writing, it rose by 6.88% to 13.68 Hong Kong dollars, with a turnover of 64.6114 million Hong Kong dollars. Citi released a report stating that under the new national standard for electric bicycles, only electric bicycles for commercial use will need to be equipped with Beidou navigation. It is expected that the entry threshold for OEMs will rise, with more than half of the approximately 200 OEMs to be eliminated due to the new regulations. Citi quoted Yadea management as saying that the company is confident in meeting the standards, benefiting from research and development to reduce the weight of lead-acid batteries. It is expected that new products will be tested in May and go on sale by the end of August, with sales expected to be unaffected by the new regulations. CITIC SEC released a research report stating that on January 13th, the new national standard for the two-wheeler industry, "Electric Bicycle Safety Technical Specification" (GB 17761-2024), was officially implemented. The industry policy direction is clear, with the specific details of the new national standard being released, the top-level design has been completed, and leading enterprises will accelerate market expansion based on their compliance and product iteration capabilities.