Global bicycle manufacturer Giant Group’s shipments in May 2026 increased 5.8% year over year to NT$5.36 billion, marking the first monthly year-over-year growth since February 2025 and the second positive-growth month since August 2024. The company had previously experienced a continuous decline: sales in Q1 2026 fell 20.3% year over year to NT$16.06 billion, full-year 2025 sales fell 15.4%, and 2024 sales fell 7.4%. The decline in April sales had already narrowed to 1.8%, and May turned positive, widely viewed as a turning-point signal that the industry’s inventory destocking is nearing its end and demand is recovering.