- Business
- New Focus Auto Tech Holdings Limited, an investment holding company listed on the Hong Kong Stock Exchange (0360.HK), engages primarily in the research, development, manufacturing, and sales of automotive electronic and power-related products; the operation of automobile dealerships and after-sales service networks; and the research, development, sales, and provision of integrated solutions for hydrogen fuel cells. The company offers a comprehensive range of automotive lighting products, including high-intensity discharge lamps, auxiliary lights, and work lights; automotive electronic power products such as inverters, converter boxes, multi-function power supplies, chargers, and cooler and warmer boxes; after-sales services encompassing maintenance, repair, customization, furnishing, recall management, and consultancy; automobile dealership operations through 4S stores; distribution of automobile insurance and financial products; wholesale of automobile accessories and nonferrous metal alloys; and hydrogen fuel cell products and solutions targeted at governments and customers in sectors like Internet Data Centers. Founded in 2002 and headquartered in Shanghai, China, with principal operations in the People's Republic of China, North America, Europe, and the Asia Pacific region, particularly Inner Mongolia for dealership activities, the company maintains subsidiaries such as New Focus Lighting & Power (Shanghai) Co., Ltd. for manufacturing. In November 2025, its indirect wholly-owned subsidiary New Focus Lighting & Power (Shanghai) entered into a capital increase agreement with Zhongrong Juxin Investment Management Limited, pursuant to which Zhongrong Juxin injects RMB100 million for a 10% equity interest, diluting the group's stake to 90% while retaining control and introducing strategic business cooperation, customer resources, technical training, and market support to enhance growth and performance. The company also expanded into hydrogen fuel cell business in the second half of 2023, focusing on R&D and integrated solutions.