Gold Peak Technology Group Limited, formerly Gold Peak Industries (Holdings) Limited, is a Hong Kong–based

multinational corporation A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and cont ...

which is established in 1964 and has been listed on the Hong Kong Stock Exchange since 1984. The Group has built a few brand names for its major product categories, such as GP batteries, GP Recyko batteries, KEF acoustic products and

Celestion Celestion is a British designer and exporter of professional loudspeakers. History Origins What became Celestion was started in Hampton Wick (suburban London) in 1924. Cyril French and his three brothers had taken over a plating works and ...

speakers. The company changed its name to Gold Peak Technology Group Limited in March 2022 to reflect its business strategy and direction in advanced technologies and manufacturing of batteries and electronics, and its investment strategies in R&D, innovation, design and brands. Gold Peak Technology Group Limited currently holds approximately 86% interest in GP Industries, which is publicly listed in Singapore.

Operations

Gold Peak employs a work force of about 6,650 worldwide. The Group occupies a total floor area of approximately 633,000 square metres, covering its five manufacturing and sales offices in the UK, Thailand, Malaysia, China, and Vietnam, as well as marketing and sales offices in over 10 countries in Asia, Europe, and Americas.

GP Industries Limited

GP Industries is mainly engaged in the development, manufacture and marketing of electronics and acoustics products, including KEF premium acoustic products and

professional speakers. The wholly-owned subsidiary, GP Batteries International Limited, specializes in the design and production of batteries and related products.

GP Batteries International Limited

GP Batteries manufactures and markets batteries and battery-related products including primary batteries, rechargeable batteries and accessories. GP Batteries is one of Asia's largest battery manufacturers, supplying battery products to original equipment manufacturers, battery companies as well as consumer retail markets under the GP brand name. The company stated its commitment in environmental conservation and has a clear roadmap for sustainable operation. A number of its manufacturing plants received UL Zero Waste of Landfill Validation and six plants in Malaysia, Vietnam and China have achieved Gold Level validation. In fact, the facility in Tebrau, Malaysia is the first plant in the country to earn Gold Level validation.

GP Energy Tech Limited

GP Energy Tech is a member of Gold Peak Technology Group and focuses on rechargeable battery design and manufacturing.

Incident

Workers at GP factories have been routinely exposed to

Cadmium Cadmium is a chemical element; it has chemical symbol, symbol Cd and atomic number 48. This soft, silvery-white metal is chemically similar to the two other stable metals in group 12 element, group 12, zinc and mercury (element), mercury. Like z ...

dust, an extremely toxic metal used in the manufacture of Nickel-cadmium batteries that can cause kidney failure, lung cancer and bone disease. In 2006 more than 100 female factory workers in southern China attempted to sue their former employers (GP) over suspected cadmium poisoning. On 24 August 2010, over a hundred workers protested outside GP's factory in

Huizhou Huizhou ( zh, c= ) is a city in east-central Guangdong Province, China, forty-three miles north of Hong Kong. Huizhou borders the provincial capital of Guangzhou to the west, Shenzhen and Dongguan to the southwest, Shaoguan to the north, Hey ...

. GP had promised compensation to workers affected by poisoning but severely reduced the negotiated amount offering a "take it or leave it" situation. Karin Mak's documentary ''Red Dust'' follows female workers fighting for medical care from their former employer, China's GP Batteries factory, after suffering years of cadmium poisoning.

References

{{commons category, Gold Peak batteries Battery manufacturers Consumer battery manufacturers Manufacturing companies of Hong Kong Manufacturing companies established in 1964 Companies listed on the Singapore Exchange Hong Kong brands 1964 establishments in Hong Kong