Business Daily Media

The Times


.

Covation Launches BATCH Flagship Store in Zhejiang Offering Complete Family Cycling Solutions

NINGBO, CHINA - EQS Newswire - 10 July 2025 - Covation Holdings Limited ("Covation" or "the Group") celebrated another milestone in its China expansion strategy with the grand opening of its BATCH flagship store in Ningbo yesterday.

With the successful launch of BATCH Shenzhen as the first flagship store in China, the Group accelerated its expansion in China, this latest opening coming just one month after the June 8 launch of its Suzhou flagship store. These strategic openings underscore the century-old cycling brand's commitment to the Chinese market.

Ribbon-cutting ceremony for the opening of the BATCH Ningbo Flagship Store
Ribbon-cutting ceremony for the opening of the BATCH Ningbo Flagship Store

Building a Lifecycle Cycling Ecosystem: Comprehensive Solutions for Every Rider. The BATCH Ningbo flagship store operates under a direct retail model, integrating a branding showcase, product experience, professional services, and after-sales support. It offers riders a comprehensive solution from initial discovery and bike selection to joining cycling communities. The Ningbo store's product range covers the complete user lifecycle, including children's bikes, mountain bikes, and road bikes. The store has also introduced HUFFY, Covation's century-old children's bicycle brand, further enriching its family cycling portfolio. HUFFY, a household name overseas, revolutionized the children's bicycle market by inventing training wheels in 1949, significantly enhancing children's riding safety and setting a new global standard for children's bikes.

On the grand opening of the BATCH Ningbo Flagship Store, the Chairman of COVATION, Bailey Liu stated," Since the opening of the BATCH Suzhou Flagship Store, within just 30 days, we have opened the second flagship store in the Jiangsu-Zhejiang-Shanghai region. The opening of the Ningbo Flagship Store is not merely about opening another new store; it signifies COVATION's commitment and actions in promoting cycling culture. From Suzhou to Ningbo, we will continue to strive to bring high-quality products and services to customers in more cities. At the same time, we aim to further expand and develop in the Jiangsu-Zhejiang-Shanghai region, enabling more consumers to enjoy BATCH's premium products and services. President and CEO of United Wheels Inc. (a wholly owned subsidiary of Covation) Bruno Maier stated: "We are a century-old global brand dedicated to cycling. HUFFY and BATCH play a crucial role in our global business strategy. We will continue opening stores in different regions of China, and we believe that the BATCH bicycle direct retail store model will fuel our growth in China. We believe our products will be well-received by Chinese consumers and provide them with a sustainable and healthy mode of transportation."

Covation is a Hong Kong-headquartered vertically integrated holding company, specializing in the research, development, manufacturing, and global operations of cycling and outdoor brands, driven by manufacturing excellence. The Group owns multiple outdoor cycling brands, including Huffy, Batch, Niner, VAAST, Buzz, and Green Machine. Currently, its business serves millions of consumers across more than 50 countries and regions worldwide.

Digital Factory Transformation Drives Growth in Volume and Quality. Since their inception, Covation's brands including BATCH and HUFFY have consistently delivered diverse, high-quality products to consumers supported by Covation Group's global manufacturing network. The Group's manufacturing division FuturuX, dedicated to bicycle manufacturing, operates four major production bases in Ningbo (Zhejiang), Jurong (Jiangsu), Cambodia, and Vietnam. These facilities produce a comprehensive range of products from balance bikes and bicycles to E-bikes, with a maximum annual production capacity of 11 million units. Paul Zhang, Vice President of Production Operations at FuturuX, stated: "Our industry-leading intelligent equipment, production efficiency, global manufacturing network, and rigorous quality control system enables us to complete bicycle production with guaranteed quality." FuturuX pioneered the intelligent and digital transformation of bicycle manufacturing, upgrading traditional production lines to MCU (Mini Cell Unit) production systems. These integrate laser cutting, automated processing, robotic welding and robotic painting. This transformation has achieved a 20% increase in overall efficiency while reducing workforce requirements by 30%. While advancing digital transformation to enhance productivity, FuturuX maintains its unwavering commitment to quality. In partnership with ACT International Testing Institute, FuturuX operates an independent testing laboratory within its facilities. This lab conducts over 50 ISO standard bicycle tests, including salt spray testing, fatigue testing, and static load testing.

Where Aesthetics Meets Technology, leading the Smart Cycling Revolution. Covation - a name that merges "Collaboration" and "Innovation" - continues to revolutionize cycling through technology-driven design. The company's commitment to innovation is exemplified by BATCH's new R2 road bike, recipient of the 2025 Red Dot Concept Design Award. The R2 represents a breakthrough in smart cycling technology, featuring an integrated handlebar display system for real-time performance monitoring. Combined with its super magnesium alloy wheelset, the R2 achieves both lightweight performance and smart functionality - a combination previously unseen in traditional road bikes. This revolutionary smart system will be available worldwide this year, marking a new chapter in cycling innovation.

Looking Forward, guided by its mission to "become the world's best wheeled products company," Covation remains committed to excellence on multiple fronts. In manufacturing, FuturuX will continue its digital and intelligent upgrade, enhancing production efficiency to deliver superior wheeled products. On the brand front, anchored by diverse brands like BATCH and HUFFY, along with flagship stores across three locations, Covation provides comprehensive cycling solutions covering the entire lifecycle of our customers' needs.


Hashtag: #Covation

The issuer is solely responsible for the content of this announcement.

About Covation Holdings Limited

Covation Holdings Limited ("Covation") is a vertically integrated holding company headquartered in Hong Kong, specializing in the research, development, manufacturing, and global operations of cycling and outdoor brands, as well as excellence in manufacturing. As a world-leading manufacturer and assembler of bicycles and components, the company operates modern smart manufacturing facilities in China, Cambodia and Vietnam. Leveraging its vertically integrated supply chain advantages and rigorous quality control system, Covation has established an efficient operational network with strategic branches across the United States, Mexico, Canada, the United Kingdom, European Union, Hong Kong, and China, consistently delivering exceptional products to global customers.

Covation's portfolio encompasses internationally renowned outdoor sports brands, including Huffy, Batch, Niner, VAAST, Buzz, and Green Machine. The company maintains extensive licensing partnerships with world-class partners such as Disney, Marvel, Lucasfilm, Ford, and Nickelodeon.

News from Asia

KiddiWinkie Schoolhouse: Singapore’s First to Introduce Up to 90 Minutes of Outdoor Play

KiddiWinkie Schoolhouse has become the first preschool in Singapore to introduce up to 90 minutes of outdoor play a day, an approach it grounds in the science of early brain development. SIN...

Shama Responds to the Rise in Multi-City Living Among Today’s Professionals, Elevating Every Stay Beyond Accommodation with ‘The Joy of Living’

BANGKOK, THAILAND – Media OutReach Newswire – 12 August 2026 – Living between cities is fast becoming part of everyday life. People travel from elsewhere in Thailand to Bangkok for health checks a...

Skyro Appoints Former Mastercard Executive to Lead Middle East Expansion 

MANAMA, BAHRAIN – Media OutReach Newswire – 12 August 2026 – Skyro, digital-first consumer finance platform headquartered in Bahrain and operating in South-East Asia, today announced plans to expa...

JETCO Connect 2.0 drives Johor - Singapore collaboration to create new tourism offerings

Tourism businesses and industry partners invited to collaborate with JETCO as Visit Johor 2026 gathers momentum.SINGAPORE – Media OutReach Newswire – 12 August 2026 – Following the successful laun...

Allianz: Data center boom ushers in a new era of infrastructure risks and opportunities for insurers

SINGAPORE – Media OutReach Newswire – 12 August 2026 – Artificial intelligence is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of dat...

CCOHK premieres Space Fantasy - a musical spectacular on 29 and 30 August 2026 at Tsuen Wan Town Hall Auditorium

29 AUG 2026 (SAT) 3:00pm & 7:30pm 30 AUG 2026 (SUN) 3:00pm Tsuen Wan Town Hall Auditorium Presented by City Chamber Orchestra of Hong Kong HONG KONG SAR – Media OutReach Newswire – 12...

Thomson is Malaysia’s First Hospital to Install Next-Generation Integrated Surgical Energy Platform for Minimally Invasive Surgery

KOTA DAMANSARA, MALAYSIA - Media OutReach Newswire - 12 August 2026 – Thomson Hospital Kota Damansara ("Thomson") is the first hospital in Malaysia to introduce a next-generation integrated surgic...

SOKOYO Advances Global Solar Street Lighting Capabilities

BEIJING, CHINA – Media OutReach Newswire – 12 August 2026 - SOKOYO, a top manufacturer of solar street lights, has installed 252 sets of lighting units in QatarEnergy's solar power project in Ras...

ÉLLILUX Opens Its Doors at Raffles City

Introducing A New Language of Contemporary Fine JewellerySINGAPORE – Media OutReach Newswire – 12 August 2026 – A new chapter in contemporary fine jewellery begins with the opening of ÉLLILUX at #...

Plaza 66 Unveils Major Upgrade with 6,749 sq. m. of New and Reconfigured Space

Phase 3 Pavilion Expansion 100% Committed, Opening in September 2026HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 12 August 2026 – Hang Lung Properties Limited ("Hang Lung" or the ...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...