- CEO
- Dan Yang Ji
- Full Time Employees
- 158
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- World-wide House Hong Kong Hong Kong
- IPO Date
- Mar 3, 2003
- Business
- Shuoao International Holdings Limited Shuoao International Holdings Limited (2336.HK), an investment holding company incorporated in the Cayman Islands in 2003 and headquartered at Office 18, 6th Floor, World-wide House, No. 19 Des Voeux Road Central, Hong Kong, primarily engages in the sale of metals, development and provision of electronic turnkey device solutions, and property development. The company operates through three main segments: the sale of metals, which includes copper and nickel trading primarily to customers in Singapore; the development and provision of electronic turnkey device solutions, encompassing the manufacture and sale of microcontrollers for home electrical appliances and other electronic devices through a 50.21%-owned subsidiary in the People's Republic of China (PRC); and property development, focused on a land site in Sydney, Australia acquired in 2015 for potential residential, healthcare, or medical facility use. Its operations span Hong Kong, the PRC (except Hong Kong), Singapore, and Australia, with revenue for the year ended December 31, 2024, derived mainly from metal sales in Singapore (HK$93.7 million) and electronic solutions in the PRC (HK$89.1 million), serving industrial and consumer markets including smart home appliance manufacturers. As a subsidiary of Hailiang Group Co., Ltd., a diversified group founded in 1989 with interests in nonferrous metals, property, and other sectors, Shuoao International leverages group resources while maintaining its distinct focus. In November 2023, the company changed its name from Hailiang International Holdings Limited to Shuoao International Holdings Limited to align with its evolving business identity. For the year ended December 31, 2024, it reported revenue growth of 33% to HK$182.8 million and gross profit increase of 75% to HK$16.3 million, driven by strengthened sales efforts and rising demand for smart home appliances in China, alongside metal price rises; the property segment advanced with approval of a planning proposal for potential healthcare development on its Australian site, including a voluntary planning agreement endorsed in 2023, while it continues discussions with operators and holds a 1.48% stake in Zheneng Jinjiang Environment Holding Company Limited, recording a HK$16.1 million fair value gain. The group employs approximately 205 people and sustains no bank borrowings, with a healthy current ratio of 7.5 times.