LX Technology Group Limited
2436.HK
Hong Kong Stock Exchange21.00
HKD
-0.80
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LX Technology Group Limited
2436.HK
(Hong Kong Stock Exchange)
Recent
price
21.00
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- LX Technology Group Limited (2436.HK) operates as a technology-driven company primarily focused on providing rental and leasing services for consumer electronics and IT equipment in Hong Kong. The company offers a comprehensive range of products and services including short-term and long-term rentals of smartphones, tablets, laptops, and accessories under its Bear Rental brand; enterprise IT solutions such as server and networking equipment leasing; repair and maintenance services for rented devices; and flexible subscription-based plans tailored for individual consumers, small businesses, and corporations. It targets urban professionals, students, and SMEs seeking cost-effective access to premium technology without ownership commitments, with operations centered in Hong Kong and selective expansion into mainland China through partnerships. Founded in 2020 and headquartered in Kwun Tong, Hong Kong, LX Technology Group emphasizes sustainable tech consumption via its circular economy model, recycling end-of-life devices. In late 2024, the company secured a strategic alliance with a leading mainland Chinese electronics distributor to launch cross-border rental services, enhancing its geographic footprint; additionally, in Q1 2025, it completed a HK$150 million funding round led by institutional investors to fuel new product launches including AI-enhanced smart device rentals and enterprise cloud integration offerings.