Introduction
Luyuan Group Holding Cayman Ltd is an investment holding company primarily engaged in the electric vehicle business. The Company’s main business is engaged in the design, research and development, manufacturing and selling of electric two-wheeled vehicles. The Company’s products include electric bicycles, electric scooters, batteries, electric two-wheeled vehicle parts and other products. The Company provides customers with a variety of electric vehicle models including S90, Moda8, Cola10 series, K50, MS95 and Moda50D and others under the brand Luyuan. The Company is also engaged in providing training services. The Company mainly conducts its business in the domestic market.