Giant Group Keeps Growth Streak Alive in August; Acquires Nearly All Key Supplier Shares

September 11, 2026

Giant Group took another big step forward last month in digging out of a massive shipment hole that had been deepening over the last two years. After putting together, a string of three consecutive months – with two months of double-digit growth – the Taiwan-based bike manufacturer posted another positive month with a 3.2 percent year-over-year increase in August, reaching NT$5.19 billion ($161.9 mm) and marking four consecutive months of growth in shipment volume and value.

The Giant Group reports financials in New Taiwan Dollar (NT$) currency. SGB Executive used the average exchange rate of approximately $0.031228 per NT$1.00 for August 2026 conversions, according to the Federal Reserve Bank of St. Louis.

In other news, Giant Group is set to acquire a near-100 percent ownership stake in a key supplier. The company is reporting that it is buying all the shares of  D.Mag (Kunshan) New Material Technology Co., Ltd. (D.Mag) currently owned by United King Limited (Samoa) (UKL), the second largest shareholder of D.Mag, which is primarily engaged in the manufacturing and sales of products utilizing advanced alloy material, accounting for approximately 7 percent to 8 percent of the Group’s consolidated revenue. SGB MEDIA