Gold Peak
| Company type | Public |
|---|---|
| Industry | Electronics, Battery manufacturing |
| Predecessor | Gold Peak Industries (Holdings) Limited |
| Founded | 1964 |
| Headquarters | Hong Kong , Hong Kong |
Area served | Asia, Europe, Americas |
| Products | GP batteries, GP Recyko rechargeable batteries, KEF audio products, Celestion loudspeakers |
Number of employees | 6,650 |
Gold Peak Technology Group Limited, previously known as Gold Peak Industries (Holdings) Limited, is a multinational enterprise headquartered in Hong Kong, established in 1964 and publicly traded on the Hong Kong Stock Exchange since 1984. The Group's prominent brands encompass GP batteries, GP Recyko rechargeable batteries, KEF audio products, and Celestion loudspeakers.
In March 2022, the organization adopted the name Gold Peak Technology Group Limited to better reflect its strategic emphasis on cutting-edge technology, battery and electronics manufacturing, as well as its dedication to research and development, innovation, design, and brand enhancement.
Gold Peak holds an approximate 86% ownership stake in GP Industries, a company listed on the Singapore Stock Exchange.
Operations
With a workforce of around 6,650 employees worldwide, Gold Peak operates five manufacturing and sales facilities located in the United Kingdom, Thailand, Malaysia, China, and Vietnam. The company also manages marketing and sales offices across more than ten countries spanning Asia, Europe, and the Americas, occupying roughly 633,000 square meters of operational space.
GP Industries Limited
GP Industries is engaged in the development, production, and marketing of electronic and acoustic products such as KEF high-end audio devices and Celestion professional speakers. Its wholly owned subsidiary, GP Batteries International Limited, specializes in the design and manufacture of batteries and related items.
GP Batteries produces and distributes primary and rechargeable batteries along with associated accessories. Recognized as one of Asia's leading battery producers, it supplies its offerings under the GP brand to original equipment manufacturers (OEMs), battery firms, and consumer retail sectors.
The company prioritizes environmental responsibility; multiple manufacturing sites have received UL Zero Waste of Landfill Validation. Notably, six plants across Malaysia, Vietnam, and China have achieved Gold Level status, including the Tebrau facility in Malaysia—the first in that nation to earn this distinction.
GP Energy Tech Limited
A division within Gold Peak Technology Group, GP Energy Tech focuses on the design and production of rechargeable batteries.
Incident
Employees at GP manufacturing facilities have been exposed to cadmium dust—a hazardous metal utilized in nickel-cadmium battery production associated with severe health risks such as kidney failure and lung cancer. In 2006, over one hundred female workers from a southern China factory initiated legal proceedings against GP due to suspected cadmium poisoning.
On 24 August 2010, upwards of 100 workers staged a demonstration outside GP's Huizhou plant following reductions in compensation offers related to poisoning claims. The documentary Red Dust by Karin Mak documents these women's prolonged struggle to obtain medical treatment from GP Batteries after enduring years of exposure.