I. Production situation From January to October 2019, among the main products of the bicycle manufacturing industry in the country, the production of two-wheeled pedal bicycles was 32.811 million, a year-on-year decrease of 8.5%; the output of electric bicycles was 22.738 million, a year-on-year increase of 19.9%. In the month of October, the production of two-wheeled bicycles nationwide was 2.812 million, a year-on-year decrease of 15.3%; the output of electric bicycles was 2.319 million, a year-on-year increase of 17.7%. 2. Benefits From January to October 2019, the operating income of bicycle manufacturing enterprises above designated size was 39.54 billion yuan, a year-on-year decrease of 1.4%, and the total profit was 1.35 billion yuan, a year-on-year increase of 68.0%. The operating income of electric bicycles was 60.23 billion yuan, a year-on-year increase. 8.6%, with a total profit of 2.34 billion yuan, a year-on-year increase of 15.2%.