CHENGDU, Dec 20 (NBD) -- Bike share companies such as Mobike, OFO and Yibu Bike have been springing up, turning bike sharing into an emerging sector following car hailing and also the hot pursuit of venture capitals.

Mobike and OFO have completed their C Round financing. Meanwhile, concept stocks including CBC (000017.SZ), XLJK (002105.SZ), ZLC (600818.SH) and SPEG (600679.SH) obtained good performances on A-share market recently.

Lin Yuan, the co-founder of Yibu Bike, told the NBD reporter in an interview, the rise of bike sharing service is unlikely to pose much impact on bicycle manufacturers in a short term. However, if bike sharing industry keeps the expansion and increase rate of current stage for a long fun, influences on manufacturers will be huge.

Lin added, on one hand, the production capacity of manufacturers can't fulfill the big orders made by bike share companies, which results in diluted profit. On the other hand, the existing bikes are unable to be sold because they don't meet the requirements of bike share companies. Therefore, to some extent, the development of bike sharing service will drive some bike manufacturers to transform and adjust accordingly. The quicker they can adjust themselves to the demands, the more likely they can receive orders continuously. And reversely, transformed manufacturers will upgrade the bike industry on the whole.