DAHON Founder Dr. David Hon

The Evolution of a Physicist to the Father of Modern Folding Bikes - Seite 3

DAHON's folding bikes have achieved remarkable success with robust production and sales, captivating the attention of the public. Nevertheless, establishing a business is arduous, and sustaining it presents even greater challenges. One of the challenges was the inadequate protection of intellectual property rights (IPRs), resulting in many competitors unlawfully appropriating DAHON's patented technology. This gave rise to a flood of counterfeit and substandard folding bikes in the market, significantly impacting DAHON's global operations. Faced with this development bottleneck, DAHON confronted a pivotal decision: to engage in a protracted battle against infringement or to pursue revolutionary breakthroughs.

As China continues to place greater emphasis on IPR protection, Dr. Hon implemented a technology-sharing and dual-brand marketing strategy in 2019, which allows industry peers to utilize widely recognized or trusted IPRs. As a result of the approach, DAHON to date has established stable partnerships with over 40 prominent domestic and international bicycle makers, offering them a wide array of high-tech key components. The collaborative effort enables the makers to streamline their brand development processes, optimize resource allocation, and gain a competitive edge in the market. Dr. Hon's entrepreneurial vision is reflected in his unwavering dedication to building an innovation-driven business and fostering industry growth through resource sharing.

In 2023, a groundbreaking era for folding bikes with single-beam frames will be ushered in as the popular bicycle brand equips all new models with the cutting-edge Deltec technology. The revolutionary Deltec enhances the frame's strength and rigidity, delivering unparalleled performance. This superiority was visibly demonstrated at the speed challenge race during this year's China Cycle in Shanghai, where bikes equipped with the Deltec outpaced those with large wheels. While integrating the Deltec technology may entail increased production costs and crimped profit margins, it is instrumental in maintaining the brand's leading position in the market by focusing on product differentiation and continuous improvement.