Veson Holdings Limited (1399.HK) HKSE

Currency In HKD

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Veson Holdings Limited

Address

SCUD Industrial Park

Fuzhou, 350015

China

Phone

852 2805 7888

Sector

Industrials

Industry

Electrical Equipment & Parts

Employees

2483

First IPO Date

December 21, 2006

Key Executives

NameTitlePayYear Born
Xiu Qin LianChief Executive Officer & Executive Director1.06M1972
Chen Hui NiExecutive Chairman of the Board502,8931987
Mun Tai Yeung FCCAChief Financial Officer & Company Secretary01977
Yao Shu ChenInformation Management Director01980
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Description

Veson Holdings Limited, an investment holding company founded in 1997 and headquartered in Causeway Bay, Hong Kong, was formerly known as SCUD Group Limited until its rebranding in November 2020. The company primarily operates within the People's Republic of China, specializing in the research, development, manufacturing, and distribution of lithium-ion battery modules and their associated accessories. These products are crucial components for a wide array of digital devices, such as mobile phones, laptops, tablets, and various other electronic appliances. Veson organizes its business into distinct segments: Original Design Manufacturing (ODM), the Bare Battery Cell Business, and other operations. Its diverse product offerings include power banks; specialized motive batteries and related accessories designed for prominent manufacturers of mobile phones, notebooks, tablets, and electric vehicles (EVs); power management modules; batteries and accessories for smart wearable devices; individual lithium-ion bare battery cells; chargers; and network terminal products. Beyond its core manufacturing activities, the company also extends corporate management services. Veson distributes its products through a broad sales network encompassing distributors, agents, retailers, and e-commerce platforms.

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