Page 60 - Forbes - Asia (July - August 2018)
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FORBES ASIA
        BEST UNDER A BILLION — THE LIST

         HYPEBEAST CHINA/HONG KONG                                                            U.S. $MIL
                                                                                        LATEST FISCAL YEAR
                                                                                                NET  MARKET
                                                                                         SALES   INCOME   VALUE
                                       KDT MACHINERY
                                       panel machinery                                   $120   $35   $959
                                       KERSEN SCIENCE & TECHNOLOGY
                                       precision metallic components                      319    33   895
                                       KUNLUN TECH
                                       online hosting services & games                   507    148   3,316
                                       LEYARD OPTOELECTRONIC
                                       digital displays, video walls & visualization products   953   179   4,911
                                       LIER CHEMICAL
                                       agrochemical products                             455     59   1,622
                                       LONGMA ENVIRONMENTAL SANITATION EQUIPMENT
                                       garbage-removal vehicles & equipment              454     38   1,013
                                       MINKAVE TECHNOLOGY
                                       LED-lighting equipment                             101    26   1,093
                                       NINGBO BAOSI ENERGY EQUIPMENT
                                       screw compressors                                 164     22   895
        Its name slang for obsessed trend
        chaser, the fashion and entertain-  NINGBO GAOFA AUTOMOTIVE CONTROL SYSTEM        177    34   859
                                       gearshift controls, cables & electronic accelerators
        ment company was founded in
                                       PLOVER BAY TECHNOLOGIES
        2005 as a men’s sneakers and
                                       telecommunication network services                 37     9     144
        streetwear blog by Kevin Ma, now   QINGDAO KINGKING APPLIED CHEMISTRY
        chief executive. Today it ranges   polymer-based compounded wax                  690    60    986
        from media—including one for   REF HOLDINGS
        children’s wear—and branding to   printing services                               30     8     44
        online retail, catering to Millen-  RIANLON
        nials. The company makes its   polymer additives                                 168     19   724
        debut on the list after a 77% jump   RONGSHENG ENVIRONMENTAL PROTECTION PAPER
        in revenue last year, much from   recycled paper products                        298     59    573
        its e-commerce unit HBX carry-  SANCHAO ADVANCED MATERIALS
        ing various brands such as Prada,   gold plating & diamond grinding services      42     13   479
        Adidas and streetwear label MM6.   SANQI INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY
                                       online games                                       912   240   3,760
        In 2017 the company opened its
        first brick-and-mortar store, near   SHANGHAI HUACE NAVIGATION TECHNOLOGY         100     19   842
                                       GPS & GNSS receivers & sensors
        its Hong Kong headquarters, and
                                       SHANXI YONGDONG CHEMISTRY INDUSTRY
        this February set up a skateboard-  carbon black for tires                       293     35   755
        ing site with The Berrics, a U.S. icon    SHENZHEN ELLASSAY FASHION
        in the segment.                women’s fashion                                   300     45   1,108
                                       SHENZHEN ENVICOOL TECHNOLOGY
                                       environmental-control equipment                    116    13   528
                                       SHENZHEN HUIDING TECHNOLOGY
                                       fingerprint sensor, touch controller for mobile phones & tablets   540   131   4,575
                                       SHENZHEN SUNWAY COMMUNICATION
                                       telecommunication equipment                       504    132   5,070
                                       SHENZHEN WENKE LANDSCAPE
                                       landscape architecture                            378     36   589
                                       SHENZHEN YSSTECH INFORMATION TECHNOLOGY
                                       financial-industry software                         78     31   1,579
                                       SICHUAN GOLDSTONE ORIENT NEW MATERIAL EQUIPMENT
                                       plastic-composite pipe technology & machinery      101    17    913
                                       SINOCERA FUNCTIONAL MATERIAL
                                       barium titanate & ceramic powder                   178    36   2,056
                                       SUOFEIYA HOME COLLECTION
                                       oice furniture                                    902    134   4,120
                                       TELLGEN
                                       molecular diagnostic products                      44     19   767
                                       TIANQI LITHIUM INDUSTRIES
                                       lithium products & batteries                      801    317   8,788
                                      ALL FIGURES ARE IN U.S. DOLLARS. DATA AS OF JULY 17, 2018. SOURCES: FACTSET; FORBES.
                                      GREEN = REPEATS; RED = RETURNEES
        58     |     FORBES ASIA     JULY / AUGUST 2018
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