This article only represents the author's own views.
In China’s congested cities, electric motorbikes have become a popular option for weaving through traffic or narrow streets. The result is a booming industry for all manner of nifty mopeds, made by multiple manufacturers.
Though not in the market vanguard, Luyuan Group Holdings (Cayman) Ltd. is seeking funds to boost its sales momentum and move up through the ranks of companies making motorized vehicles for individual riders.
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