Formerly known as Stone Electronic Technology Limited, Stone Group Holdings Limited (Stock code: 409) was established on September 3, 1987. After a successful restructuring exercise in 1993, the Company became the first non-state-owned share-holding company in the PRC listed on the Stock Exchange of Hong Kong in August 1993. It is principally engaged in IT electronic & media – related business in mainland China, healthcare products business and investment business. The Company's IT electronic and media-related business includes the manufacture and distribution of traditional electronic products and the operation of internet café chain. Electronic products include dot matrix printer and value-added tax control machine with patented intellectual property, and the Group also acts as the agent and distributor of industrial controllers, uninterrupted power system equipment, digital graphics, semiconductors, computers etc.. Product coverage includes SIEMENS, FUJI. The internet café chain – Sunnet café is located in Guangdong Province.
In December 2003, the Company established a presence in the healthcare product market of the PRC through acquiring 75% equity interest of Shanghai GoldPartner Biotech Co., Ltd and its whole management team. The acquired products "Naobaijin" and "GoldPartner" are among the best selling healthcare products in the PRC. Naobaijin was ranked the best-selling healthcare product in 2005, a recognition previously attained for four consecutive years from year 2000 to 2003. On the other hand, GoldPartner was introduced into the market in 2002. It soon became No. 2 on the sales ranking list and the champion in the category of compound vitamins supplements the year next. In 2004, GoldPartner was ranked the champion on the national sales ranking list of consumer healthcare products. In 2005, GoldPartner was recognized as one of the 100-best transferred projects awarded by Shanghai Hi-Tech Project Transfer Center. In 2006 and 2007, "Naobaijin" was continuously awarded the best selling healthcare product in China, and as at 2007, the culmulative sales of "Naobaijin" was more than RMB10 billion during the past 10 years. And also, "Goldpartner" became the most influential brand and the top three selling of healthcare products in China in 2006 and 2007 respectively. "Huangjin Xuekang" has been recognized by the consumers and been sold well since its launch in the market in spring festival of 2006.
Regarding investment business, the Company's portfolio mainly consists of China Cable Media Group and MTY, a mobile positioning information service company, in Mainland China.