Shares of Luyuan Group Holding (02451) climbed more than 11% during Tuesday morning trading. As of the latest update, the stock was up 11.06% at HK$15.66, with trading turnover reaching HK$20.54 million.

According to regulatory filings, China's Ministry of Industry and Information Technology published its 411th batch of new vehicle product announcements in September 2026, featuring Luyuan Group Holding's LY1200DT-7B electric two-wheel motorcycle model submitted by its subsidiary Zhejiang Luyuan Electric Vehicle Co., Ltd. Once the public review period concludes, this new model will qualify for legal market release.

Analysts at Huaxi Securities highlight that continuous product refreshes have driven a sharp acceleration in Luyuan Group Holding's electric motorcycle sales. For the six-month period ending June 30, 2026, unit sales rose approximately 78.2% year-over-year to roughly 402,000 vehicles. Industry data from the China Motorcycle Chamber of Commerce places the company at the number one position for electric motorcycle sales within the domestic market during the reporting period.