Hengdeli Holdings Limited engages in the manufacture and sale of accessories for watches, jewellery, and cosmetics in Mainland China and Hong Kong; it designs and produces packaging products and commercial spaces, provides shop design and decoration services, conducts international commodity trading of iron ore, thermal coal, and coking coal, and offers consumer services and supply chain solutions. The company operates through high-end consuming accessories and commodity trading segments, serving customers in Greater China and international markets with approximately 1,290 employees. Founded in 1957 and headquartered in Tsim Sha Tsui, Kowloon, Hong Kong, Hengdeli maintains relationships with suppliers of renowned watch brands including the Swatch Group, LVMH Group, Richemont Group, Rolex Group, and Desco Group. In recent developments, the company reported interim results for the six months ended June 30, 2025, with revenue declining 45.8% to RMB314.3 million amid economic pressures but achieving a profit of RMB26 million, driven by foreign exchange gains; it entered a renewal agreement with Primetime Group Co., Ltd. for shop design services effective January 1, 2025, with an annual cap of RMB21.0 million, and plans to establish a bulk cargo transshipment logistics park in Mexico while expanding shipping, high-end accessories to jewellery, eyeglasses, cosmetics, and 3C products, and commercial space services to living spaces.