Congratulations to Lvyuan Group Holding (Cayman) Limited (2451.HK) on its successful listing on the Mainboard of HKSE on 12 October 2023

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.

Meet Our People

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)