Zhang Xue wins the championship, Hongchang Technology rises sharply for two consecutive days

【#张雪夺冠宏昌科技连续两日大涨#】Recently, Zhang Xue’s motorcycle took the championship in the World Superbike Championship (WSBK) middleweight class, marking the first time a Chinese motorcycle manufacturer has won in WSBK’s top-tier event and breaking the decades-long dominance in this category by international powerhouses such as Ducati, Yamaha, and Kawasaki. Fueled by this major news, shares of Zhejiang Hongchang Electric Appliances Technology Co., Ltd., a related listed company in A-shares, opened significantly higher today, immediately hitting the day’s high of 41.45 yuan, with a gain of more than 10% at the open. #张雪机车一战封神# ​#张雪机车薪资#From its founding to topping the world’s top competition, Zhang Xue’s motorcycle took less than two years. Beyond the championship, the founder of Zhang Xue’s motorcycle, Zhang Xue’s, public remarks have also sparked heated discussion within the industry. He clearly set a five-year goal: “Within the next five years, we will capture more than 50% of the share held by international big brands.” In early March, Zhang Xue’s motorcycle completed its Series A financing, with a post-investment valuation of about 1.09B yuan. The key investors in this round include Jinhua Zhejiang Chuang Jinyi Intelligent Control Venture Capital Partnership (Limited Partnership), which, with Hongchang Technology’s contribution of 29.82%, became an important indirect shareholder. It is worth noting that, influenced by Zhang Xue’s motorcycle winning the championship, Hongchang Technology (301008) saw a “20cm” one-line limit-up at the open on March 30, closing at 35.24 yuan per share, with a market capitalization of 4.6 billion yuan. Hongchang Technology also opened significantly higher on the 31st and immediately hit the day’s high of 41.45 yuan at the open, with a gain of more than 10%. According to Qichacha information, Hongchang Technology was established in May 1996, has registered capital of 130 million yuan, and the legal representative is Lu Baohong. Its business scope includes research and development and manufacturing of household appliances, manufacturing of industrial automation control system equipment, and more. Its businesses such as automotive components have technical synergies with the motorcycle manufacturing sector, laying an industrial foundation for indirectly holding a stake in Zhang Xue’s motorcycle. Meanwhile, Qichacha information also shows that multiple core companies related to Zhang Xue are under his name, including Chongqing Zhang Xue Motorcycle Industry Co., Ltd., Chongqing Zhang Xue Partner Enterprise Management Partnership (Limited Partnership), and Chongqing Zhang Xue Motorcycle Sales Co., Ltd., among others, all of which are in existence; Zhang Xue holds core positions such as director in the above-mentioned companies. (Reporter Huang Xian)

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