Veali Electronics (Group) Limited (“Viali” and its subsidiaries, collectively the “Group”) was founded in the early 1980s, listed on the main board of the Singapore Stock Exchange Limited in 2001 (Singapore stock code: BDR), and listed on the main board of the Stock Exchange of Hong Kong Limited in 2013 (Hong Kong stock code: 854). Based in Hong Kong, China, the Group is mainly engaged in the distribution of electronic components and supporting engineering solutions. The Group's products are used in various industrial fields such as industry, audio and video, telecommunications, home appliances, lighting, electronic manufacturing services and automotive electronics. The Group has established long-term business partnerships with more than 20 internationally renowned major suppliers. Its product portfolio is extremely diverse, and currently provides more than 10,000 products to more than 3,000 customers. Major markets include mainland China, Hong Kong, and Taiwan. The Group enjoys good reputation in various sectors such as suppliers, customers and banks, and many of them are long-term partners. Excellent management policies effectively ensure that inventory and cash flow are maintained at healthy levels, enabling the Group to have sound financial performance and a strong profit record. Viali has established a huge network of offices in mainland China, covering Beijing, Chongqing, Guangzhou, Qingdao, Shanghai, Shenzhen, Xiamen and Zhongshan. Meanwhile, the wholly-owned subsidiary of the Waigaoqiao Free Trade Zone in Shanghai is the Group's logistics center in North China. As more major electronics manufacturers in Taiwan operate in China, the Group has also set up a wholly-owned subsidiary in Taipei to seize business opportunities.
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