- CEO
- Zhong Yun Feng
- Full Time Employees
- 340
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Address
- Unit 1002, Euro Trade Centre Hong Kong Hong Kong
- IPO Date
- Sep 24, 1984
- Business
- Elate Holdings Limited (0076.HK) is an investment holding company principally engaged in the manufacture and sale of electronic products; the manufacture and sale of graphite products; provision of contract manufacturing, design and engineering services; securities trading; and development of Web 3.0-related businesses including blockchain platforms and utility tokens. The company offers electronic manufacturing services (EMS) encompassing design, prototyping, assembly and testing for sectors including medical, defense, transportation, aerospace, security, maritime, natural gas and energy, primarily through its UK-based subsidiary Axiom Manufacturing Services Limited; graphite products such as flake graphite with over 93% carbon content for applications in steel, batteries, refractories, lubricants, electric vehicles and aerospace; and emerging Web 3.0 services focused on mineral trading platforms, cryptocurrency issuance, utility tokens and stablecoin exchanges. Elate Holdings operates geographically in the United Kingdom, Hong Kong, Germany, Spain, China, Singapore, Madagascar and internationally, targeting steel mills, lithium battery manufacturers, refractory firms and OEMs in high-reliability industries.
Founded in 1984 and headquartered at Unit 1002, 10/F, Euro Trade Centre, 13-14 Connaught Road Central, Hong Kong, the company (formerly South Sea Petroleum Holdings Limited) rebranded to Elate Holdings Limited in October 2019 to reflect its diversified technology and materials focus. It employs approximately 338 staff across its operations.
Recent strategic developments include the completion in December 2024 of a major asset exchange with Aspect Group Limited, disposing of two Madagascar production lines and 390,000 tons of graphite ore for 30,109 tons of graphite product valued at US$21.0 million, enabling a shift to an asset-light trading model with guaranteed 10-year supply and installment payments of US$296.4 million by September 2025. In 2025, Elate Graphite Limited (a subsidiary) formed partnerships for Web 3.0 expansion: a May agreement with Goldpay Limited and Macau Lotus TV for utility token issuance; a June "AOMI White Paper" with Goldpay and Macao E-Media for AOMI utility tokens on a lifestyle app with 1.8 million users; a July cooperation with Goldpay and Madagascar Graphite for a mineral/commodity trading platform supporting Token76 vouchers, stablecoins and crypto exchanges; plus convertible debenture issuances totaling HK$24.3 million in July 2025 and HK$21.0 million in April 2024 (both under general mandate) to fund platform development. In H1 2025, graphite revenue fell 44% to US$12.1 million amid trade tensions and China export curbs on small-flake products, while EMS revenue rose 16% to US$51.0 million driven by UK demand; the group reported a US$15.1 million net loss primarily from unrealized financial asset losses, versus prior-year profit.