- CEO
- Wan-Hsien Li
- Full Time Employees
- 11
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Tower Two Hong Kong Hong Kong
- IPO Date
- May 8, 2001
- Business
- CircuTech International Holdings Limited (8051.HK), an investment holding company incorporated in the Cayman Islands in 1994 and headquartered in Causeway Bay, Hong Kong, principally engages in the sales and distribution of third-party IT products, including used and refurbished electronics through wholesale channels, and the provision of repairs and other service support for IT products such as phone diagnostics, reverse logistics, bench repair, packaging and return, product repair services, maintenance, value-added services encompassing inspection, assembly, testing, warehousing, logistics, customs declaration and material sourcing for mobile phones, displays and Bluetooth earpieces; it also offers smart device trade-in services promoting circular economy principles. The Group operates in two primary segments targeting North America, Asia (including Hong Kong, Japan and China), Australia, Europe and other international markets, serving diverse clientele with a focus on security and protection services in the industrials sector; it remains a subsidiary of Foxconn (Far East) Limited, leveraging affiliations with Foxconn Technology Group for manufacturing and brand relationships. Recent developments include a October 2024 subscription agreement with Hong Kong Kintex Worldwide Limited for up to 7.81 million new shares in two tranches to raise approximately HK$28.1 million gross proceeds for expanding sales and distribution via tools, IT systems, manpower and inventory; enhancing China repair center capacity; and establishing overseas repair centers, with the first tranche of 2.605 million shares completed in November 2024 yielding net proceeds of HK$7.1 million; a June 2025 supplemental service framework agreement with a substantial shareholder entity outsourcing U.S. repair workflows to capitalize on demand growth; and strategic resource allocation since a November 2024 shareholder introduction toward global repair capabilities for renowned IT brands, driving segment profit growth to HK$7.621 million in sales/distribution and HK$1.948 million in repairs for the six months ended June 30, 2025.