Creative Global Technology Holdings Ltd

Creative Global Technology Holdings Ltd is engaged in the business of recycled consumer electronic devices. The company aims to facilitate the circular economy in the consumer electronic devices business and reduce waste by connecting demand and supply for recycled devices. Creative Global Technology Holdings Ltd conducts its business through CGTHK, a Hong Kong-based company. CGTHK sources and resells recycled consumer electronic devices, primarily smartphones, tablets, and laptops. These pre-owned devices are sourced from developed economies like the U.S. and Japan, where consumers frequently trade in older models. CGTHK then distributes these devices to consumers in Southeast Asia or Hong Kong, based on customer demand. Currently, the company's business consists of two segments: the wholesale and retail of pre-owned consumer electronic devices. The wholesale business is the primary focus of CGTHK, generating revenue of US$21.1 million, US$35.5 million, and US$50.2 million for the years ended September 30, 2025, 2024, and 2023, respectively. CGTHK operates with a model focused on capital liquidity and efficient inventory management. Wholesalers in Southeast Asia and other regions submit inquiries for specific numbers and specifications of devices. CGTHK then contacts suppliers in the U.S., Japan, and other developed countries. CGTHK only enters into agreements with clients or places orders with suppliers once it has secured sufficient goods to meet the requirements, resulting in lean inventory operations. The company utilizes air freight for most ordered pre-owned devices for time efficiency. Courier firms ship goods to CGTHK's storage space in Hong Kong and handle customs clearance.