The Zhitong Finance App learned that Luyuan Group Holdings (02451) fell nearly 4% in the intraday period. As of press release, it decreased by 3.30% to HK$13.5, with a turnover of HK$7.135,600.

According to the news, recently, field research by First Finance Correspondent found that electric bicycles purchased by some consumers cannot be licensed because the vehicle's 3C certificate status has been suspended or revoked, so it is not possible to apply for licensing at the moment. You need to contact the seller or manufacturer to process it before making an appointment to license it. It involves the electric bicycle business of many two-wheeler companies, but it has not affected electric motorcycles yet.

Lan Shiyou, executive chairman of the Guangdong Electric Vehicle Chamber of Commerce, pointed out that the suspension of the certification is related to large-scale flight inspections of electric bicycle companies carried out by certification agencies around the National Day. During the inspection, it was discovered that some companies had problems that did not meet certification requirements, such as inadequate product traceability systems, equipment failure, and inconsistent materials for mass-produced vehicles and vehicle parts sent for inspection.

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