Chervon Holdings LtdHKG 2285 Stock Report

Chervon Holdings Ltd. engages in the manufacture, research, and development of power tools and outdoor power equipment. The company is headquartered in Nanjing, Jiangsu and currently employs 7,119 full-time employees. The company went IPO on 2021-12-30. The firm operates in three segments. Power Tools segment sells electric tools and their accessories to consumers, professionals and industrial users, including Flex, DEVON SKIL and X-TRON brands of electric tools. Outdoor Power Equipment segment is mainly engaged in sell OPE and its accessories, including EGO and SKIL series. Other segment is mainly engaged in the sales of components. The firm's products include cutting tools such as circular saw and stone cutting machine, fastening tools such as impact drill and impact wrench, surface treatment tools such as angle grinder and sander and others. The firm's products are mainly used in manufacturing, construction, shipbuilding, home improvement, wood and technical architecture.