Hengdeli Holdings and its subsidiaries is engaged as a watch retailer. Co. owns a retail network comprising: Prime Time/Hengdeli, Elegant and single-brand boutiques. Co. operates the following segments: retail segments, which include three segments for watches retail in Mainland China, Taiwan and Hong Kong and one segment (Harvest Max) for jewellery, watches and duty free commodities retail in Hong Kong; and wholesale segment, which distributes several watches brands in Mainland China and Hong Kong. As of Dec 31 2014, Co. had 513 retail outlets that sold watches from more than 50 brands in Mainland China, Hong Kong and Taiwan.
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