HK Stock Market Move | LUYUAN GP HLDG (02451) surged over 11% in morning trading; sales of electric motorcycles exceeded 400,000 units in the first half of the year, ranking first nationwide in sales.

LUYUAN GP HLDG (02451) rose over 11% in morning trading. As of press time, it was up 11.06% at HK$15.66, with a turnover of HK$20.5434 million. On the news front, the Ministry of Industry and Information Technology in September 2026 published the 411th batch of the "Road Motor Vehicle Manufacturers and Products Announcement" new product list, and the Luyuan-brand LY1200DT-7B electric two-wheel motorcycle declared by Zhejiang Luyuan Electric Vehicle Co., Ltd. officially entered the public notice stage. After the public notice is completed, this model will have the qualification for legal market sales. Huaxi pointed out that the continuous updating of Luyuan's core products drove significant growth in electric motorcycle sales. For the period ended June 30, 2026, sales increased by approximately 78.2% year-on-year to approximately 402,000 units. According to the rankings compiled and published by the China Chamber of Commerce for Motorcycle, the company ranked first in electric motorcycle sales in the Chinese market during the reporting period.