Horologe & Smart wear (Longhua, Shenzhen)
China owns 80% watch and horologe production in the world. Shenzhen took 53% of the market shares in China and 42% globally. By 2020, Shenzhen owns 7 out of 10 top brands of horologe in China and has more than 200 other brands in this market. In general, GBA owns 95% horologe and its assemblage’s production, including precision machining equipment manufacturing, watch cases, dial, watch strap and chip, circuit board, micro stepping motor, etc.