Hong Kong, January 4, 2024 /PRNewswire/ -- Fenbo Holdings Limited (“Huibao Holdings” or the “Company”), a well-known supplier of personal care appliances and toy products to overseas markets, today announced the appointment of Mr. Meng Derong as the company's co-chairman and independent non-executive director. The effective date of the position is January 1, 2024.
Mr. Meng Derong has more than 20 years of experience in enterprise management, particularly rich knowledge and practical experience in the operation and management of supply chain systems. He has accumulated rich resources and experience in the fields of enterprise strategic planning, organizational management, integrated marketing, brand building, and upstream and downstream product development. Mr. Meng Derong has excellent working communication, negotiation, business development and PR skills. He has practical experience in the fields of entity manufacturing, the Internet of Things, supply chain development, and social media marketing.
Mr. Meng Derong has a bachelor's degree in economic management from Yancheng Institute of Technology. He is currently the CEO of Dijiu (Shenzhen) Supply Chain Group Co., Ltd., which focuses on the development, implementation and management of supply chain logistics from traditional sales channels to e-commerce platforms, with a focus on agricultural products.
Mr. Allan Li, Chairman of Huibao Holdings, commented: “On behalf of the board of directors, I sincerely welcome Mr. Meng Derong to join us. As the company's co-chairman and independent non-executive director, Mr. Meng will work closely with other members of the board of directors to set the company's strategic direction and decisions, and provide strategic guidance by applying his expertise and experience. He will help the company's competitive advantage, strengthen business cooperation and innovation, and improve operational efficiency and profitability.”
About Huibao Holdings Co., Ltd.
Huibao Holdings is headquartered in Hong Kong and has a business history of more than 30 years. Through operating subsidiaries in Hong Kong and Guangdong, Huibao Holdings produces personal care appliances (mainly electronic hairdressing products) and toy products and sells them to overseas markets. Since 2006, the company has also provided OEM and ODM to its sole customer, Spectrum Brands, a world-renowned consumer goods and household necessities company, to produce electrical hair design products under the “Remington” brand that Spectrum Brands owns the right to use, and is currently sold to Europe, the United States and Latin America. For more information, please visit
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