Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 74

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 4
Chunk 74
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procurement to the packaging of finished products, the Group imposes intensive quality checks and controls along the whole production
line of the Group’s manufacturing processes. The quality checks and controls include incoming checks, online checks, random checks
and technical checks, which are strictly carried out by the operation department of the Group, as well as the representatives of the Group’s
customers as the case may be. The Group considers that continual adherence to stringent quality control procedures is one of the most
vital elements in maintaining long-term business relationships with its multinational customer.

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Decade of operating history
and established presence in the industry. The Group has been engaged in the manufacture and sale of small electrical appliances
under the management of Mr. Li Kin Shing and Mr. Li Siu Lun, Allan and, since November 2024, under the management of Mr. Hongwu Huang and
Ms Xuefei Wang. With over a decade of operating history and industry experience, the Group has established its presence in the market
for providing quality electrical appliances to its customer.

The Group also retained suitable
talents with different specializations in its senior management team for the business development of the Group. In particular, Mr. Gary
Chiu, the Group’s marketing consultant, has been with the Group since 2005 and has vast experience in marketing matters. In particular,
through Mr. Chiu’s continuous marketing efforts, the Group has enjoyed a stable business relationship with its sole customer, Spectrum
Brands, for more than 15 years.

Business Strategies

Our principal business objective
is to strengthen our market position and further expand our market share. We intend to achieve such business objectives by:

Expansion of production
capacity and capability. The Group plans to upgrade and expand its existing production facilities for further growth and development.
In particular, the Group plans to purchase and install new equipment in the factory so as to increase its overall production capacity.

With a view to achieving greater
economies of scale and thereby enhancing the competitiveness of its products in the marketplace, the Group also devise effective management
control over or re-engineer its production processes in order to optimize its production efficiency and to improve the quality of its
existing products, after commissioning the new production equipment.

Strengthening our engineering,
research and development capability. The Group plans to reinforce its product development capability by way of recruiting more
engineers. With a stronger engineering, research and development team, the Group will be better positioned to expand the range of product
models