About STELUX HOLDINGS Company

backgrounds Founded in 1963, Baoguang was initially just a watch parts manufacturer that exported stainless steel watch parts abroad. After just 10 years, it was listed on the Hong Kong Stock Exchange in 1972 (stock code: 84). Baoguang's English name “STELUX” comes from “Steel” (steel) and “luxury” (luxury). The reason is that in the early 1960s, the stainless steel parts manufactured by the Group were considered luxurious products. Since then, Baoguang's business has continued to expand and now has a widely recognized leading position in the watch and eyewear retail and wholesale industry. The brands operated by the Group such as “Time Gallery”, “Glasses 88” and “Seiko Watch” are well-known brands, and they have established a solid foundation in the countries and regions where the Group does business. In 1985, Baoguang opened a time gallery in Hong Kong, China, creating a completely innovative watch retail culture. The “Time Gallery” targets middle-income consumers and sells multiple brands and lifestyle watches at clear sizes at real prices within a single watch retail store, fundamentally changing the traditional sales model of over-the-counter watches at department stores. Since then, the Time Gallery has been growing, with nearly 400 stores in Hong Kong, Macau, Singapore, Malaysia, Thailand, and mainland China. Time Gallery sells a variety of trend-setting watches, from agency brands to the Group's own brands, including its own famous “Iron Dash” brand. In 2002, Time Gallery also won the “Hong Kong Super Brand” award. In 1988, Baoguang purchased “Eyewear 88,” a highly promising eyewear business in Hong Kong, China, and later expanded this business to Macau, Singapore, Malaysia, Thailand, and mainland China, focusing on high-end markets. “Glasses 88” has always led the trend in the industry, taking the lead in providing professional and high-quality eye care and after-sales services. It currently has more than 200 stores, and customers can carefully select and enjoy unrivaled service from countless international brands, including agency brands and their own brands. “Glasses 88” won the “Hong Kong Super Brand” award in 2009. In 2005, Baoguang purchased Tongcheng Group, which has always had exclusive distribution rights for “Seiko” brand watches in Hong Kong, Singapore and Malaysia, to further assist the expansion of the Group's watch retail business. In 2011, the Group opened “eGG”, a retail chain that provides a single brand of frames and lenses, targeting young and fashionable customers. The first “eGG” store opened in Hong Kong, China. Currently, there are more than 10 stores in Hong Kong and mainland China. Baoguang's Vision Our vision is Enrich and beautify your life through the products and services we provide. Baoguang's mission Our mission is To provide customers with high-quality products and high-value services; Let employees who develop with the company grow, be respected, and get the rewards they deserve; Strive to be a part of society, serve, contribute, and enhance corporate social responsibility; and Continue to create value for shareholders and guarantee their long-term rights and interests. The value of Baoguang Our values are We put customer interests first and company interests first; We are competent in the work and are more responsible for the results; We continue to learn, continuously improve and improve ourselves; and We are good at active planning, and we are more determined to execute.