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Luyuan Group is a Jinhua company that makes electric two-wheeled vehicles and sells them through specialty stores and service outlets.
Founded in 1997 and based in Jinhua, China, Luyuan Group Holding (Cayman) Limited sells electric two-wheeled vehicles through specialty stores and service outlets, and operates three intelligent manufacturing bases in Zhejiang, Guangxi and Shandong. Its vehicles use liquid-cooled motors, ceramic brakes and steel mesh tires. In September 2023, Chongqing Dazu District Huaiyuan Construction Investment, Phylion Battery Co., Ltd and other investors put HKD 443.65 million into the company. It listed on the Hong Kong Stock Exchange in October 2023 under stock code 2451. In 2022 it reported operating revenue of CNY 4.783 billion and net profit of CNY 118.03 million.
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