Hanfort Development Holdings Limited
0361.HK
Hong Kong Stock Exchange0.05
HKD
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Hanfort Development Holdings Limited
0361.HK
(Hong Kong Stock Exchange)
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0.05
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Sino Golf Holdings Limited, an investment holding company incorporated in Bermuda in 1988 and headquartered at One Midtown, Tsuen Wan, Hong Kong, principally engages in the design, development, manufacture, trading and sale of golf equipment, golf bags, accessories and related components and parts on an original equipment manufacturing and original design manufacturing basis to golf companies worldwide. The company operates through three reportable segments: Golf Equipment, which encompasses assembled and packaged golf clubs, club heads and shafts; Golf Bags, covering golf bags and other accessories; and Hospitality, involving the development of an integrated resort in the Commonwealth of the Northern Mariana Islands and property holding activities. It primarily serves customers in Japan, North America, Europe, the rest of Asia and other international markets, with manufacturing facilities in the People's Republic of China and approximately 680 employees. In recent developments, a wholly-owned indirect subsidiary entered into a conditional sale and purchase agreement dated 14 October 2025 to acquire the entire registered capital of Hio Pro (Vietnam) Sporting Goods Company Limited, a Vietnamese golf equipment manufacturer operating a factory in Hai Phong City, for US$2,500,000 to mitigate US tariff impacts on China-sourced exports and enhance competitiveness in the US market. Furthermore, DoThink Investment Limited, an indirect unit of Hans' Energy Group Co., Ltd., completed the acquisition of a 50.01% controlling stake in Sino Golf on 12 November 2025 for HK$75.4 million at HK$0.029 per share, triggering a mandatory unconditional cash offer for remaining shares; subsequent full exercise of convertible bonds increased the stake to approximately 55.564%, with the issuance of 650 million new shares to DoThink in November 2025 bringing total issued shares to 5.85 billion.