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SMC Electric Ltd

SMC Electric Limited is an investment holding company that manufactures and sells electric tools and fans. Its markets include the United States, Canada, Mexico, Hong Kong, other regions of the PRC, Australia, Europe, the Americas, and Africa. The company operates through two segments, SMC and Non-SMC, and designs, develops, and trades electrical fans and tools under the SMC brand. Its rechargeable electric tools include cordless fans, work lights, and vacuum cleaners, while its fan range includes ceiling, wall-mounted, stand-up, and orbital fans. Incorporated in 2018, the company is headquartered in Chai Wan, Hong Kong, and is a subsidiary of Shell Electric Holdings Limited.

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News & notes moving 2381.HK