- Business
- Gilston Group Limited (2011.HK), an investment holding company founded in 1992 and headquartered in Central, Hong Kong, primarily engages in the design, manufacture, and sale of finished zippers, sliders, and other garment accessories; and the provision of property management services. The company operates through two main segments, with its zipper business producing metal, nylon, and plastic zippers for original equipment manufacturers serving apparel brands in Mainland China and international labels, including products sold under the "Just for you" brand philosophy emphasizing customized solutions, material analysis, environmentally friendly production, and vertically integrated manufacturing capabilities; while its property management segment manages land and properties such as Jiajinlong Car City in Shenzhen's Nanshan District, offering showrooms for car sales, maintenance, and after-sales services. Geographically, the group focuses on Mainland China for the majority of its zipper sales (94.3% of zipper revenue in 2024), with additional exports to regions including Hong Kong, Switzerland, Italy, India, Indonesia, Bangladesh, Germany, Korea, Vietnam, Tunisia, and Jordan; property management operations are based in Shenzhen, Guangdong Province. Key subsidiaries include KEE (Guangdong) Garment Accessories Limited, KEE (Hubei) Zippers Manufacturing Limited, KEE (Zhejiang) Garment Accessories Limited, and KEE (Jingmen) Garment Accessories Limited, which support expansion into broader garment trims as a one-stop procurement center. Formerly known as China Apex Group Limited, the company listed on the Hong Kong Stock Exchange in 2011 and underwent a name change to Gilston Group Limited in March 2024; it commenced property management services in September 2023 via a management agreement for Jiajinlong Car City, followed by the acquisition of 90% equity in Shenzhen Jiajinlong Industrial Development Co., Ltd. on December 31, 2024, for RMB9 million to gain full control and enhance operational efficiency; additionally, it completed relocation of its Zhejiang production base, stabilized zipper operations post-impairment reversals, and entered multiple lease renewals with connected parties for production facilities in Hong Kong, Guangdong, Zhejiang, and Hubei during 2024.