Native name 金山工業（集團）有限公司 Industry Electronics industry Headquarters Hong Kong Parent organization Gold Peak | Type Public listed company Website www.goldpeak.com Founded 1964 | |
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Products Battery and battery-related products, electronics and acoustics products and automotive wire harness Stock price G20 (SGX) SGD 0.57 +0.01 (+1.79%)16 Mar, 2:08 PM GMT+8 - Disclaimer Subsidiaries Gold Peak, Caribbean Investment Holdings Limited Profiles | ||
Gold Peak Industries (Holdings) Limited is a Hong Kong-based multinational battery manufacturer established in 1964. They are listed on Hong Kong Stock Exchange since 1984. The Group has built few brand names for its major product categories, such as GP batteries, KEF premium consumer speakers and CELESTION professional speaker drivers.
Contents
- GP Industries Limited
- Automotive wire harnesses
- GP Batteries International Limited
- Cadmium poisoning case
- References
Gold Peak Industries (Holdings) Limited currently owns 85% interest in GP Industries while GP Industries holds an approximately 62% interest in GP Batteries. Both GP Industries and GP Batteries are publicly listed in Singapore.
GP Industries Limited
GP Industries is mainly engaged in the development, manufacture and marketing of electronics and acoustics products, like KEF consumer speakers and Celestion professional speaker drivers, as well as automotive wire harness.
Automotive wire harnesses
GP Industries is one of China's leading manufacturers of automotive wire harness for domestic market, possessing technical platforms catering for Japanese, European and American automobiles.
The products are supplied to major Chinese JV automakers including Shanghai Volkswagen, Shanghai General Motors and Cummins worldwide operations. In addition, the products are also supplied to the second tier customers like Shanghai Koito in China, as well as Valeo, Decoma and Visteon in the US
GP Batteries International Limited
GP Batteries manufactures and markets batteries and battery-related products including primary batteries (alkaline, carbon-zinc, lithium, silver oxide), rechargeable batteries (nickel metal hydride, lithium-ion and lithium polymer) and chargers and portable solar chargers.They are Asia's no 1 battery manufacturing company except Japan. GPBI supplies battery products to original equipment manufacturers, leading battery companies as well as consumer retail markets under GP brand name. GP Batteries also produces batteries for electric vehicles and emergency starter batteries using thin metal film lead acid technology. The manufacturer claims GP ReCyko+ is the new generation nickel metal hydride battery that can be recharged and reused many more times than traditional rechargeable batteries.
Cadmium poisoning case
Workers at GP factories have been routinely exposed to Cadmium dust, an extremely toxic chemical used in the manufacture of 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. 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.