Citychamp Watch & Jewellery Group Ltd. (CJR)

Overview

Citychamp Watch & Jewellery Group Limited, previously known as China Haidian Holdings Limited until its renaming in May 2014, is a diversified conglomerate with a strong footprint in the manufacturing and sale of watches and timepieces. Based in Kowloon, Hong Kong, the company extends its operations across a broad international spectrum, including key markets like Hong Kong, the People’s Republic of China, Switzerland, the United Kingdom, and Liechtenstein. Beyond its primary focus on horology, Citychamp has expanded its portfolio to encompass sectors such as property investments, banking, and financial services. Its comprehensive array of watch brands such as Rossini, Corum, Eterna, Dreyfuss & Co, J&T Windmills, Ernest Borel, and Rotary positions the group as a significant player in the global watch market. Besides, the company's ventures into property investment, distribution of eyewear, bond issuance, and banking through a Liechtenstein-based bank that provides a suite of financial services, underscore its diversified business model. The banking division specializes in client deposits, loans, portfolio management, and investment advice tailored for high-net-worth individuals and families, alongside offering services in security dealings, watch maintenance, and technical advisory, further marking its versatility in catering to a broad clientele.

Products and Services

The variety of products and services provided by Citychamp Watch & Jewellery Group Limited reflects the company’s diversified business interests across different sectors:

• Manufacturing and Distribution of Watches and Timepieces: The core offering includes a range of luxury and mass-market watches under well-established brands like Rossini, Corum, Eterna, Dreyfuss & Co, J&T Windmills, Ernest Borel, and Rotary. These products cater to a diverse clientele, offering everything from high-end luxury pieces to accessible quality watches.
• Property Investments: Citychamp actively invests in properties, leveraging this sector to diversify its investment portfolio. Through strategic property investments, the company aims to generate stable and secure returns over the long term.
• Banking and Financial Businesses: Operating a bank in Liechtenstein, the group extends various financial services including accepting client deposits, loan provisions, portfolio management, investment advice, and transaction banking. This segment is tailored to meet the financial needs of entrepreneurial families and individuals, offering specialized services like investment fund services and alternative investment fund management.
• Glasses Distribution: The company also diversifies into the optometry field with the distribution of glasses, broadening its product offerings beyond watches and financial services.
• Issuance of Bonds: By issuing bonds, Citychamp taps into the capital markets, offering investors the opportunity to partake in the company’s growth through fixed income investments.
• Watch Maintenance and Repairment: In a bid to offer comprehensive customer service, the company provides maintenance and repair services for its watch brands, ensuring longevity and customer satisfaction.
• Technical Advisory Services: Citychamp goes beyond traditional offerings by providing technical advisory services, catering to a niche market of clients requiring specialized knowledge and expertise in the maintenance and repair of timepieces.