Group Introduction
JS Global Lifestyle Company Ltd. (01691.HK) ( "JS Global" or "the Group") is a high-quality, innovative small
household
appliance group.
Group was listed on the main board of the Hong Kong Stock Exchange on December 18, 2019, and operates three major brands mainly in APAC under its umbrella: Shark, Ninja, and Joyoung. It has a strong presence in the Chinese market and is gradually expanding its sales to Japan, Australia, South Korea, Southeast Asia, and other Asia-Pacific countries and regions. In the first half of 2023, the Group's ongoing business revenue reached 574 million US dollars. The Group is currently included in the Hang Seng Composite Index constituent stocks, MSCI Hong Kong Small Cap Index, Hang Seng ESG50 Index, and Hang Seng Sustainable Development Enterprise Index constituent stocks.
Group was listed on the main board of the Hong Kong Stock Exchange on December 18, 2019, and operates three major brands mainly in APAC under its umbrella: Shark, Ninja, and Joyoung. It has a strong presence in the Chinese market and is gradually expanding its sales to Japan, Australia, South Korea, Southeast Asia, and other Asia-Pacific countries and regions. In the first half of 2023, the Group's ongoing business revenue reached 574 million US dollars. The Group is currently included in the Hang Seng Composite Index constituent stocks, MSCI Hong Kong Small Cap Index, Hang Seng ESG50 Index, and Hang Seng Sustainable Development Enterprise Index constituent stocks.
Group Subsidiaries with brand awareness and consumer influence：
The Group's two subsidiaries boast high brand awareness and consumer influence in China and APAC.
The Group's subsidiary in the Asia-Pacific, JS Global APAC, was established in 2023 with its headquarters
located in
Hong Kong. It is responsible for the comprehensive operations of the Shark and Ninja brands in the
Asia-Pacific region
(excluding mainland China). The company's products offer advanced intelligent cleaning solutions,
convenient and healthy
kitchen appliances, and innovative personal care products to consumers.
The company places emphasis on R&D and product design, with a keen insight into consumer needs in the
market, showcasing
robust market expansion capabilities. Representative products include lightweight cordless vacuum
cleaners, ice cream
makers, and high-speed styling hairdryers.
The Chinese subsidiary Joyoung Co., Ltd. (002242.SZ), established in 1994. It is an intelligent small home appliance
enterprise focused on the R&D, production, and sales of healthy diet appliances. The company places great emphasis on
technological research and development and anticipatory technology reserves. It excels in creating products suited to
Chinese dietary habits using technological innovation and has strong small home appliance supply chain management
capabilities, enabling it to adapt to and guide changes in new consumer patterns.
Joyoung was listed on the Shenzhen Stock Exchange on May 28, 2008. Its representative products include household soy
milk makers, blenders, rice cookers, kettles, and home water purification devices. The product lines in China are among
the top three in their respective industries.
Group Competitive Edges
Multiple Advanced R&D and Design Centers Worldwide
The brands Joyoung, Shark, and Ninja rely on their multiple advanced R&D and design centers worldwide.
They continuously
develop and promptly launch innovative small household appliance products based on consumer needs,
catering to the
requirements of consumers in different markets.
A Highly Adaptable and Flexible Global Supply Chain
The Group has a highly adaptable, flexible global supply chain and a data-based supply chain management
system in China.
By exploring and leveraging the advantages of the supply chain in China, the Group has been able to reduce
overall
operating costs while improving operational efficiency continuously.
An Acute Marketing Team and Sound Marketing Operation System
With a marketing team with sharp senses and an efficient marketing operation system, the Group is capable
of exploring,
in an in-depth and forward-looking manner, consumer demands in various countries and regions. Combined
with high-quality
product design, superb technology and accumulation of user feedbacks, the Group has the ability to launch
new products
with higher accuracy and success rate.
Worldwide Brand Influence
The Group's three flagship small household appliance brands all enjoy strong influence across major
markets. This has
also contributed to its robust pricing power as well as technological expertise and prestige in the
industry of high-end
intelligent small household appliances.
Group Strategic Objectives
Looking ahead, JS Global will continue to deliver design-oriented smart household products in a timely
manner building
on its revolutionary innovation ability, improve the quality of daily life for consumers around the world,
and strive to
become the top brand for small household appliances with global reputation.
