Zhang Xue's motorcycle victory continues to generate buzz, and Hongchang Technology hits the "20CM" daily limit again in the afternoon.

MaticHoleFiller · 2026-04-06T22:18:48+00:00

(Source: Caowen)On March 28th, Beijing time, at the World Superbike Championship (WSBK) event, Chinese motorcycle brand Zhangxue Motor secured victory with an almost 4-second lead, breaking the decades-long monopoly of international giants such as Ducati, Yamaha, and Kawasaki in this category.On the afternoon of March 31st, motorcycle concept stocks surged. Zhenghe Industrial (003033.SZ) rose nearly 12%, hitting the daily limit. Hongchang Technology (301008.SZ) experienced a "20cm" double limit-up, Huayang Racing (920058.BJ) and Hongquan Technology (688288.SH) increased by over 10%, while Jiuyi Shares (300994.SZ) and Qianjiang Motorcycles (000913.SZ) surged higher.Regarding news, Beijing time March

MaticHoleFiller

2026-04-06 22:18:48

(Source: 财闻)

		At 3:28 p.m. Beijing time on March 28, at the World Superbike Championship (WSBK), Chinese motorcycle brand Zhangxue Motorcycle won the race with an absolute advantage of nearly 4 seconds, breaking the decades-long monopoly in this category by international powerhouses such as Ducati, Yamaha, Kawasaki, and others in one fell swoop.

On the afternoon of March 31, the motorcycle concept saw a sharp surge. Qianghe Industrial (003033.SZ) rose nearly 12%, reaching the daily limit. Hongchang Technology (301008.SZ) delivered two consecutive “20cm” limit-up boards. Huayang Racing (920058.BJ) and Hongquan Technology (688288.SH) rose more than 10%, while Jiuqi Holdings (300994.SZ), Qianjiang Motorcycle (000913.SZ), and others moved sharply higher.

In terms of the news: at 3:28 p.m. Beijing time on March 28, at the World Superbike Championship (WSBK), Chinese motorcycle brand Zhangxue Motorcycle won the race with an absolute advantage of nearly 4 seconds, breaking the decades-long monopoly in this category by international powerhouses such as Ducati, Yamaha, Kawasaki, and others in one fell swoop.

According to Qichacha, Zhangxue Motorcycle has a registered capital of 65.4 million yuan. Zhangxue holds 73.39% of the shares. In early March this year, Zhangxue Motorcycle completed its Series A financing. Reports say the actual funds raised in this round were 90 million yuan, and the post-investment valuation is about 1.09 billion yuan.

This investment was funded by Jinhua Zhejiangchuang Jinyi Smart Control Venture Capital Partnership (Limited Partnership) (hereinafter “Jinhua Zhejiangchuang”) and Hangzhou Zhejiangchuang Baige Venture Capital Partnership (Limited Partnership) (hereinafter “Hangzhou Zhejiangchuang”). Both investors are served as executive affairs partners by Zhejiang Province Venture Capital Group.

Among the investors, Jinhua Zhejiangchuang is funded by Hongchang Technology at 29.82%. Hongchang Technology’s main businesses include home appliance components, automotive components, molds and equipment automation and robotics-related businesses, among others. The company’s automotive components business involves the R&D, production, and sales of automotive interior trim component assembly products.

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