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Number three e-scooter brand powers up for Hong Kong IPO

The fast-growing TAILG hopes to make Vietnam its hub for international expansion, though global sales are still just a tiny fraction of its total.

This article only represents the author's own views.

In 2003, Shenzhen announced a ban on motorcycles to stop a crime wave of motorcycle-riding bandits. Three brothers, Sun Muqian, Sun Muchu, and Sun Muchai, together with partner Yao Li, were running a motorcycle repair shop in their hometown of Chaoshan at that time and saw an opportunity. They rented a small factory in Longgang, in the northeastern part of Shenzhen, and started making electric bicycles by hand, exploiting a loophole in the motorcycle ban.

Fast forward to the present, and the business they started, TAILG Technology Co. Ltd., is now China’s third largest electric micromobility vehicle maker. It moved its headquarters from Shenzhen to Wuxi, about an hour by train from Shanghai, between 2007 and 2009, to better position itself geographically to build a national footprint.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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