Lvyuan Group Holding (Cayman) Limited (“Lvyuan”) is a leading electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. Lvyuan was the fifth largest manufacturer of electric two-wheeled vehicles in mainland China in terms of total revenue in 2022, with a market share of 4.2%. Lvyuan brand has over 20 years of history in mainland China’s electric two-wheeled vehicle industry and participated in developing industrial standards.
With regard to this listing application, AVISTA Group is honoured to be engaged in providing valuation services in relation to employee incentives
Congratulations again to Lvyuan Group Holding (Cayman) Limited (2451.HK) on its successful listing. The issue price is HKD7.37 per share, and the amount of funds raised is HKD706.4million.
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VINCENT PANG
Managing Partner
AVISTA GROUP
vincent.pang@avaval.com
HAILEY JIN
Partner
VALUATION ADVISORY
hailey.jin@avaval.com
Date: 12 Oct 2023 | Tags: Business Valuation, Initial Public Offering (IPO)
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