On January 3rd, at the "Baojing Chuangxiang" New Year special event held in Wuzhizha Park, Songgang Street, Bao'an District, Shenzhen, a cycling team composed of government and enterprise representatives rode forward, drawing all eyes to their uniform mounts - foldable bicycles from DAHON TECH (Shenzhen) Co., Ltd. (hereinafter referred to as DAHON TECH).
As the sole bicycle sponsor for this "Songgang Chasing 'New', Riding Towards the Future" themed cycling event, and a prominent representative of intelligent manufacturing in the "Songgang Life" exhibition area, this national high-tech enterprise, which successfully listed on the Hong Kong Stock Exchange in 2025, not only showcased its precision-engineered products but also vividly demonstrated, through its own development trajectory, the dynamic synergy and mutual benefit achieved between advanced manufacturing and local government support.
It is reported that DAHON TECH's R&D headquarters and core production base are both rooted in Songgang Street. The transformation of Songgang, from a manufacturing hub historically reliant on "three supplies and one compensation" processing trade to an industrial highland now nurturing listed companies, reflects the profound evolution of the business environment within the Greater Bay Area.
"The choice of location was initially driven by 'industrial support' and 'strategic ecosystem.'" "Over 40 years ago, right at the start of reform and opening-up, many Taiwanese businessmen came to Bao'an," recalled Han Dewei, founder of DAHON TECH. This familiarity with the industrial landscape was the initial reason for the company's early presence in Shenzhen.
However, the strategic decisions—from shifting production focus to Shenzhen, to establishing the base in Songgang in 2014, and further relocating the group headquarters there in 2019—were underpinned by more meticulous and long-term calculations. "Shenzhen has numerous suppliers, excellent talent, and a complete industrial chain," Han Dewei stated, articulating the fundamental logic for a manufacturer's site selection.
Songgang's location as a hub on the eastern bank of the Bay Area, connecting Guangzhou and Shenzhen while radiating to Dongguan and Huizhou, first ensures supply chain efficiency and stability. Today, DAHON TECH maintains close cooperation with 284 local and surrounding suppliers, 149 of which are based in Shenzhen itself, forming an efficient "one-hour" industrial collaboration circle.
More crucially, Songgang has provided predictable production space for enterprises by regulating industrial space supply and stabilizing the rental market, which acts as a "reassurance" for manufacturing firms requiring long-term investment. This evolution from spontaneously formed "industrial support" to consciously cultivated "strategic ecosystem" became the deep-seated attraction that drew and retained DAHON TECH.
If superior location and a complete industrial chain constitute the "hard environment," what has given enterprises a tangible sense of "gain" is Songgang's continuously optimized "soft services" for business, the core of which lies in "precision" and "protection."
It is understood that during the critical phase of DAHON TECH's IPO preparation, departments at the municipal, district, and street levels provided specific and efficient guidance and support. Among these, the service closed-loop system—"visit, collect, deliberate, resolve"—established by Songgang Street, along with specialized service packages covering financing, space, and talent, aimed to achieve a "resolve within the day" response speed.
This precision-targeted service played a key facilitating role at the crucial juncture of the company's development and IPO冲刺. For technology-driven enterprises like DAHON TECH, support deeper than service speed lies in the meticulous safeguarding of the spark of innovation. "Without intellectual property protection, there would be no future for innovative enterprises today," Han Dewei's remark hits the nail on the head.
Bao'an District, where Songgang is located, regards intellectual property protection as a cornerstone of its business environment. DAHON TECH holds nearly 200 global patents, including its unique "QuickTrack" technology and DELTECH marquee line core designs. Under stringent legal protection, these innovations have been transformed into formidable market competitiveness.
"'Mass entrepreneurship and innovation' policies and intellectual property protection have enabled many of our original products and the company itself to achieve more effective and higher-level development." In recent years, DAHON TECH's performance has grown against the industry trend during a period of adjustment, with net profit increasing by 69.3% in the first four months of 2025. This serves as proof that the value of innovation is being rewarded by the market within a sound legal environment.
Furthermore, addressing the common "thirst for talent" faced by enterprises, DAHON TECH is actively exploring solutions with local governments. Han Dewei proposed ideas for "industry-education cooperation" and the "front-loading" of targeted talent training, hoping to collaborate with vocational colleges, establish scholarships, and cultivate much-needed professional technical talent for the industry. This reflects the forward-thinking of a leading enterprise working with the locality to build a sustainable talent ecosystem.
DAHON TECH's foldable bicycles hold a leading position in terms of domestic market share. A successful listing on the capital markets marks a new chapter for DAHON TECH. The company plans to use the raised funds for capacity expansion, technological R&D, and strategic mergers and acquisitions, accelerating its layout for the "dual circulation" development paradigm.
Meanwhile, Songgang is currently pushing forward with its transformation from a traditional manufacturing powerhouse into a highland for "new quality productive forces," marked by sectors like semiconductors, new energy, and high-end equipment. The development paths of both parties show a clear trajectory of synergistic resonance.
DAHON TECH plans to continue its most challenging and cutting-edge technological攻坚, such as R&D for advanced e-drive systems and the application of carbon fiber new materials, at its Songgang headquarters, while locating large-scale mass production at other bases. This恰好 aligns with Songgang's "headquarters economy" positioning focused on high-end segments like R&D design and headquarters management.
"The core R&D personnel for e-bikes are all in Songgang," emphasized Dr. Han Dewei. Songgang's industrial upgrade direction is highly consistent with DAHON TECH's path towards higher-end, intelligent, and green development.
Looking to the future, Han Dewei believes that Shenzhen, as a forefront of reform and opening-up, has deeply influenced enterprises and entrepreneurs with its spirit of "daring to be the first under heaven." "Those with ability must contribute; this is a sentiment for both home and country, and also an enterprise's responsibility." This core spirit resonates with Songgang's current reform-minded, progressive stance focused on cultivating new quality productive forces.
In his view, the overall environment Songgang has created—one that encourages, protects, and serves innovation—is its most persuasive recommendation to other high-quality enterprises. The story of DAHON TECH and Songgang Street presents a deep case study of government-enterprise collaboration centered on "mutual achievement and co-evolution."
The core lies not only in providing land and policies but, more importantly, in whether a systemic ecosystem can be built—one that respects market rules, protects the spark of innovation, and can march forward in step with the long-term strategies of enterprises. Songgang's practice demonstrates that cultivating "new quality productive forces" requires not only a forward-looking industrial blueprint but, more essentially, a business "soft environment" rooted in the spirit of the rule of law and contract.
From efficient and transparent government services to a robust intellectual property protection network, and collaborative efforts with enterprises to solve development bottlenecks like talent, these details collectively form the source of confidence for enterprises to make long-term investments and focus on technological innovation.
When a piece of land can continuously produce industry champions like DAHON TECH, it itself becomes the most attractive "brand." This is a two-way journey between "champion" and "highland," and a vivid footnote to high-quality development.
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