Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 76

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 4
Chunk 76
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 assets, such as plant and machinery, raw materials and finished goods, against accidental, physical loss, destruction
or damage of property.

3. Public liability insurance - third party insurance
against possible third-party personal injury and property damage claims relating to the Company’s factory premises and offices located
in the PRC and Hong Kong.

4. The Company maintains director and officer liability
and Company reimbursement insurance.

Our Operating Subsidiaries and Services

As an OEM electrical hair styling
product manufacturer for a renowned multinational client, the Group has been focusing on the high-end segment of the personal care electrical
appliance market. To this end, the Group has launched high-end professional electrical hair styling products which were once more commonly
used in salons for the mass household markets (particularly in Europe and the United States).

The Group offers a wide array
of fashionable electrical hair styling products with different styles, features, functionalities, colors, textures and materials. The
Group emphasizes innovative design and styling of electrical hair styling products so as to appeal to different customers and customer
demographics.

The basic components of hair styling
products are casings, motors, heating elements, thermostats, power cords, and switches.

Since 2006, the Company has served
as an OEM for Spectrum Brands, a global home essentials company and the Company’s sole customer, producing electrical hair styling
products under the “ Remington” brand, which Spectrum Brands has the right to use, and which are currently sold mainly in Europe,
the United States and Latin America.

Products - Personal Care Beauty
Appliances / Hair Styling Tools

The Group’s electrical hair
styling products can be divided into three sub-categories, namely,

(i) Curling Wands and Irons;

(ii) Flat Irons and Hair Straighteners;

(iii) Hair irons, which are tools used to alter the
structure of hair of which there are three types: (a) crimpers, which are used to create little crimps in the hair; (b) straighteners,
also known as flat irons, which are used to straighten the hair; and (c) curling tongs, which are used to make the hair curly;

(iv) Hair dryers, which are hand-held electric
blowers that can blow cool or warm air onto wet or damp hair in order to accelerate and control the evaporation of water particles
and thereby to dry and style the hair; and

(v) others, which includes trimmers, nail polish,