introduce

The company was founded in Silicon Valley, USA in 2001. In 2007, the operational headquarters moved back to Shenzhen from Silicon Valley, USA, and officially launched Sunvalley's strategic layout based in China and looking at the world. It has also established branches all over the world, accelerating the realization of the company's global strategy.

The group includes Shenzhen Zebao Network Technology Co., Ltd., Shenzhen Linyoutong Technology Development Co., Ltd., Sunvalleytek American Technology Company, Sunvalley International Trading (Hong Kong) Co., Ltd., ZBT German Trading Co., Ltd., etc.

status quo

Zebao Technology has formed five major brands: RavPower, TaoTronics, VAVA , Anjou, and Sable. The main product categories include power supplies, Bluetooth audio, small appliances, computer and mobile phone peripherals, personal care and health, home textiles and home furnishings, etc. Among them, some products are at the forefront of the market share on the Amazon e-commerce platform, such as mobile power supplies, Bluetooth transmitters, LED desk lamps, Bluetooth headsets, humidifiers, etc. In the 2019 Amazon Global Store China Export Cross-border Brands Top 100, the four major brands of Zebao Technology, RavPower, TaoTronics, VAVA, Anjou, and Sable, are among them.

Our brands

The six major consumer electronics brands, “RAVPower”, “TaoTronics”, “HooToo”, “Uspicy”, “VAVA” and “Anjou” are all brands under Sunvalley.

RAVPower is a one-stop mobile power source used by millions of users around the world. From large-capacity mobile power sources designed by Porsche Studio to high-speed multi-port USB chargers using Qualcomm Quick Charge technology, RAVPower will bring more power to your life.

VAVA adds practical innovations to modern life. From award-winning Bluetooth speakers and one-stop car cameras to baby-friendly night lights and LED lamps, we are committed to finding ways to make our users' family life more convenient.

TaoTronics improves life. Our products use the latest innovations and include LED desk lamps with anti-glare panels, Bluetooth headphones and speakers, and universal 2-in-1 Bluetooth transmitters and receivers.

Anjou uses pure and natural plant-based formulas to make life purer, healthier and more beautiful. Our skincare and body care products are paraben-free and formulated with ingredients from nature and from around the world, including low-temperature pressed coconut oil from the Philippines and lavender essential oil from South Africa.

Sable, the next level of softness and comfort. Whether it’s the gentle touch of a Sable sheet when you first put it on, or the familiar feel of a Sable pillow over the years, our home textiles are always of the highest quality to provide our customers with the most comfortable experience.

HooToo provides cutting-edge technology for technophobes and tech enthusiasts. From plug-and-play iPhone flash drives, 4K-compatible USB Type-C hubs, to full-featured webcams, HooToo is creating the future of the tech web.

Revenue

Zebao shares' operating income in 2016 was RMB 125,506.13 million, and its net profit was RMB 6,171.56 million.

The operating income in 2017 was RMB 1,743,451,600, and the net profit was RMB 81,894,900, a year-on-year increase of 32.70% in 2017 compared to 2016.

The operating income from January to April 2018 was RMB 647.1735 million, and the net profit from January to April 2018 was RMB 23.4236 million.

Core Values

Users: Insight into needs and provide attentive service

Team: Sharing and sharing, the overall situation is important

Integrity: Be brave to take responsibility and be open in words and deeds

Innovation: Embrace change and tolerate failure

Passion: Live happily and work crazy

About the Team

Sunvalley currently has a team of more than 800 people, including executives from world-class companies such as Apple and Huawei, as well as elite talents from first-class universities. It has also attracted outstanding talents from all over the world to join, forming a dynamic, creative and diversified international talent team. All employees strive for excellence in product design, quality control, logistics supply chain, marketing, sales customer service and all support services, and pursue "first-class" products and services.

Awards

In 2009, it received special funds for the international market expansion of Shenzhen's high-tech enterprises.

In 2009, he was awarded the title of Outstanding Member of Shenzhen Internet Technology Application Association.

Financing

In 2014, it established cooperation with Dasu Capital and completed its Series A financing.

In 2015, Sunvalley Group successfully completed its Series B financing.

On October 14, 2016, Shenzhen Qianhai Jiupai Capital Management Partnership (Limited Partnership) invested RMB 31.5 million in Shenzhen Zebao E-Commerce Co., Ltd.

On December 9, 2016, Hangzhou Fuyang Jiankun Equity Investment Fund Partnership (Limited Partnership) and Minsheng Tonghai Investment Co., Ltd. invested in Shenzhen Zebao Innovation Technology Co., Ltd.

On March 12, 2018, Zhuhai GF Xinde Technology and Culture Industry Equity Investment Fund (Limited Partnership), Zhuhai GF Xinde High Growth Modern Service Industry Equity Investment Enterprise (Limited Partnership), Xinjiang Sunflower Chaoyang Equity Investment Partnership (Limited Partnership), and Guangyuan Zhonghe (Zhuhai) Investment Enterprise (Limited Partnership) invested in Shenzhen Zebao Innovation Technology Co., Ltd.

In July 2018, Zebao Electronics was acquired for RMB 1.53 billion by Xinghui Precision, and Zebao shares promised that the net profit to be achieved in 2018, 2019 and 2020 would not be less than RMB 108 million, RMB 145 million and RMB 190 million respectively.

Development History

In 2007, Sunvalley Group was established and began to use eBay platform for sales business. It established offices in California, USA and Shenzhen, China.

In 2008, Sunvalley Group began to use the Amazon platform. Many of its products have won the Amazon Best Seller Award.

In 2009, a branch and warehouse were established in Hamburg, Germany, and strategic partnerships were established with DHL , UPS and FedEx .

In 2011, the Sunvalley Group brands were established: RAVPower, TaoTronics, HooToo and USpicy.

In 2013, large-scale market and sales expansion was carried out in North America, Europe and Asia.

In 2015, Shenzhen Zebao E-commerce Co., Ltd. was established, and core employees became shareholders. A new 2,000 square meter office was added in Shenzhen, China. New brands were established: VAVA and Anjou.

In 2016, a branch office and warehouse were established in Tokyo, Japan. Its brand VAVA Voom Bluetooth speaker won the Red Dot Design Award.

In 2017, a new brand was established: Sable.

RAVPower becomes the official sponsor of the Japan SoftBank Baseball Team and enters 3,000 physical stores across Japan

RAVPower and Pokemon collaborate to create a co-branded mobile power bank

Self-developed product VAVA car recorder received crowdfunding support of US$650,000

RAVPower and Taotronics enter Best Buy, the world's largest home appliance and electronics retail group, to expand offline market

RAVPower starts sales in the Chinese market and establishes RAVPower official flagship stores on Tmall and JD.com

2018 Listed on the Shenzhen Stock Exchange's Growth Enterprise Market and entered the A-share capital market.

Debuted at the IFA exhibition in Germany, attracting many big customers

RAVPower becomes official sponsor of Fuji Rock, Asia's largest music festival

Self-developed product VAVA security camera received 850,000 US dollars in crowdfunding support

Taotronics enters Wal-Mart, a world-renowned retail chain, to expand its offline market

RAVPower enters world-renowned retail chain companies Costco and Virgin, expanding offline markets in Australia and the Middle East

On December 31, 2018, Xinghui Precision acquired 100% of the equity of Shenzhen Zebao Innovation Technology Co., Ltd. (formerly "Shenzhen Zebao E-Commerce Co., Ltd.", referred to as "Zebao Technology") for a purchase price of RMB 1,530,000,000 (approximately RMB 1.5 billion), of which RMB 890,523,500 (approximately RMB 890 million) was paid in the form of share issuance and RMB 639,476,500 (approximately RMB 639 million) was paid in cash.

As of the end of June 2019, Zebao Technology had 209 R&D personnel.

References

• 1. Pound: Zebao plans to be acquired by Shenzhen Cross-border Mass Market for a maximum price of 2 billion yuan: Tencent [reference date 2018-02-28T16:00:00.000Z]
• 2. Zebao, a cross-border seller, sold 1 billion in the first half of 2019! It increased Xinghui Precision's revenue by 85.65%! : AMZ123 [reference date 2019-08-26T16:00:00.000Z]