Inno Holdings Inc 's

The recycled consumer electronic wholesale industry in Hong Kong is competitive and fragmented, with approximately 1,000 wholesalers involved in sourcing, grading, refurbishing, and reselling pre-owned consumer electronic devices. Major competitors include Guang Yi Co. Ltd., founded in 2020, which operates in international wholesaling and trading of cellphones and other consumer electronic devices in various grades. Guang Yi's suppliers include telecommunication companies and over 100 other vendors, and it maintains a global buy-back network to recycle pre-owned cellphones through a business-to-consumer channel. Another competitor is Brightway Trading Co., established in 2013, which specializes in sourcing cellphones returned by customers.