- Business
- P.B. Group Limited is an investment holding company principally engaged in bentonite mining, production and sales of drilling mud and pelletising clay; financial services including wealth management, insurance brokerage, money lending and financial guarantees; property investment through leasing; and wholesales of greater health personal care products such as premium skincare and aromatherapy items. The company operates the Huanghu Bentonite Mine, an open-pit operation with a permitted mining area of 2.1311 square kilometers in Fanchang County, Wuhu City, Anhui Province, People's Republic of China, where it produces drilling mud for trenchless directional drilling in civil engineering and pelletising clay as a binder for iron ore pellets; financial services are conducted in Hong Kong via subsidiaries P.B. Wealth Management Limited and P.B. Credit Limited; property investment generates rental income; and wholesales targets retail and professional clients in Greater China with internationally sourced, eco-friendly wellness products. Founded in 2015 and headquartered in Wuhu, PRC, with a principal place of business in Causeway Bay, Hong Kong, the company, formerly HangKan Group Limited, changed its name in February 2021 and listed on the GEM board of The Stock Exchange of Hong Kong Limited under ticker 8331 in December 2015. Recent developments include expansion into wholesales of personal care products since the financial year ended 31 March 2025; strategic transformation of wealth management services in the six months ended 30 September 2025 with a 158.9% surge in general insurance revenue to HK$2.3 million, consolidation of technical representatives from 46 to 33, adoption of a comprehensive AI-powered insurance brokerage management system, and 99.2% policy persistency; cessation of financial guarantee services upon expiry of the back-to-back guarantee agreement in July 2025; cautious reduction in money lending portfolio to CNY11.0 million as at 30 September 2025 amid elevated credit risks; and ongoing plant upgrades such as new storage facilities, flour mills, transformers and dedusting machines to enhance bentonite processing efficiency.