China Baofeng (International) Limited, the “Company”, was formerly known as Mastercraft International Holdings Limited. Shares of the Company have been listed on Main Board of the Stock Exchange of Hong Kong Limited with stock code “3966.hk” since 5 August 2015 when the Company transferred from the Growth Enterprise Market of the Stock Exchange. The Company and its subsidiaries (the “Group”) are principally engaged in the design and development of portable lighting products, shades, furniture sets and other home accessories. The Group’s customers include mass market retailers, home furnishing stores, furniture stores and other specialty stores in the USA, Canada and Europe.
The Group is also exploring potential strategic diversification opportunities in clean energy projects in photovoltaics, specifically, the construction and operation of solar energy facilities, and energy related deal, an area which the PRC government is actively supporting and promoting, as the Group may identify for the benefit of the Shareholders as a whole.
The Company is investing its core competences to strengthen the design and development capabilities. We disciplined focused on product development and we have created a strong position in the portable lighting industry, cost efficient production and access light contracting manufacturing business model. We will continuously strengthen our existing supply chain network of design and development, sourcing, quality control, logistics, and distribution, allowing us to better support our customers and capture a higher market share in the consumer goods supply chain.