Market+ (iPhone)

Market+ (Android)

US STOCKS

FUNDS

FX & CRYPTO

SH/SZ-HK

HK STOCKS

IPO Plus - IPO

To-be Listed

	Name▼ / Code▼	Industry	Offer Price	Lot Size	Entry Fee	Closing Date	Grey Market Date▼	Listing Date▲
	REFIRE 02570.HK	Electrical Components & Equipment	145-165	20	3,333	2024/12/03	2024/12/05	2024/12/06
	Dmall 02586.HK	Application Software	30.21	100	N/A	2024/12/03	2024/12/05	2024/12/06

Summary

We are a global provider of power tools and outdoor power equipment (“OPE”). Our focus on innovation, especially lithium-ion battery system technology, has enabled us to achieve significant scale and rapid growth. According to the Frost & Sullivan Report, in 2020, we ranked the 13th and accounted for approximately 1.9% of the combined global power tool and OPE markets by revenue. We also ranked the 9th and accounted for approximately 1.7% of the global power tool market, and ranked the 10th and accounted for approximately 2.1% of the global OPE market, in each case by revenue, according to the same report. In 2020, the global electric power tools market accounted for 74.1% of the global power tools market, and the global electric OPE market accounted for 18.6% of the global OPE market, according to the Frost & Sullivan Report. Our global ranking by revenue for electric power tools rose from the 9th in 2018 to the 7th in 2020, and our global ranking by revenue for electric OPE rose quickly from the 7th in 2018 to the 2nd in 2020, according to the same source. From 2018 to 2020, our revenue from power tools grew by a CAGR of 16.9%, and our revenue from OPE grew by a CAGR of 62.8%. Please refer to the section headed “Industry Overview” of this document for further descriptions of the methodology and assumptions used in calculating market shares by revenue. Our research and development capabilities have enabled us to seize market opportunities amidst a period of growth and rapid transformation within our industry, particularly with respect to the lithium-ion/cordless market segment. Our revenue from the lithium-ion battery powered products grew from US$347.3 million in 2018 to US$827.3 million in 2020, representing a CAGR of 54.3%. According to the Frost & Sullivan Report, end users have shown increasing preference for lithium-ion battery power tools and OPE, due to benefits such as enhanced user experience, cost-efficiency and environmental friendliness, while delivering power and performance that can rival traditional products. According to the Frost & Sullivan Report, from 2020 to 2025, the global cordless power tool market is projected to grow at a CAGR of 9.9% and the global cordless OPE market is projected to grow at a CAGR of 9.0%. Having recognized the transformative impact of lithium-ion batteries and related technologies, we focused on this industry segment and became one of the first businesses in the world to commercialize lithium-ion battery power tools in 2006 and high-voltage OPE products in 2014. According to the Frost & Sullivan Report, power tools can be broadly defined as the type of tools that operate with additional power and mechanism other than purely manual labor. Examples include screwdrivers, drills, saws, sanders, miter saws and grinders, among others. According to the same source, OPE products can be broadly defined as tools or equipment that are primarily used for lawn, garden or yard maintenance. Examples include lawn mowers, leaf blowers, snow blowers and trimmers, among others. OUR PRODUCTS AND BRANDS We offer a comprehensive range of products under a portfolio of well-recognized brands, which are tailored to address the diverse needs of our end users around the world. Our power tools target both industrial/professional and consumer end users, and our OPE products target both premium and mass-market end users. We currently own five differentiated and well-recognized brands that cover key geographies and segments, namely EGO, FLEX, SKIL, DEVON and X-TRON. In particular, our EGO brand has gained strong recognition in the global electric OPE market since its establishment in 2013. Source: Chervon (02285) Prospectus (IPO Date : 2021/12/17)
Listing Market	MAIN
Industry	Household Appliances
Background	Others
Major Business Area	N/A

Corporate Information

Substantial Shareholders	Pan Longquan (50.92%) Zhang Tong (19.18%) FMR LLC (6.99%) Ke Zuqian (5.31%)
Directors	Pan Longquan (Chairman and Chief Executive Officer and Executive Director) Michael John Clancy (Senior Vice President and Executive Director) Ke Zuqian (Executive Vice President and Executive Director) Zhang Tong (Executive Vice President and Executive Director) Jiang Li (Independent Non-Executive Director) Li Minghui (Independent Non-Executive Director) Tian Ming (Independent Non-Executive Director)
Company Secretary	Hu Yian Lam Wing Chi
Principal Bankers	The HongKong and Shanghai Banking Corporation Limited Bank of Communications Co., Ltd.
Solicitors	Simpson Thacher & Bartlett LLP
Auditors	KPMG
Registered Office	Unit 04, 22nd Floor, Saxon Tower 7, Cheung Shun Street, Lai Chi Kok, Kowloon, Hong Kong
Share Registrars	Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No	(852) 2980-1333
Internet Address	https://global.chervongroup.com
Email Address	[email protected]
Tel No	(86 25) 8499-4002
Fax No

SITEMAP

AASTOCKS.com

Members

Forgot Password

About Us

Email: [email protected]

AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.

Disclaimer

You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 6 January 2023.