
Report on
Guangdong Sunrise Manufacturing Co., Ltd.
Consumer electronics + OEM PCBA · Founded 2011
Shenzhen, China · founded 2011 · ~380 employees · ~USD 42M (FY23) · gd-sunrise.example
68 / 100
68/100
Executive summary
Active mid-sized Guangdong-registered electronics manufacturer with plausible export track record. Clean sanctions profile, but corporate structure runs through a Hong Kong holding entity that limits UBO transparency. Financials trending down over the past 8 quarters — margin compression, one 2024 restructuring event. Recommend proceeding with standard pilot order + reference-check on 2 named customers before larger commitments.
Assessment matrix
Registry status
Active Limited Liability Company registered with the Guangdong Administration for Market…
PASSCorporate structure
Ownership held via 'Sunrise International Holdings (HK) Limited' — a Hong Kong-registere…
ATTENTIONSanctions screening
No matches for the company, HK holding entity, or named directors in the EU Consolidated…
PASSAdverse media
One flagged item in the last 24 months: a 2023 labor-arbitration case filed by a former…
ATTENTIONFinancial signals
Publicly-reported revenue via HK holding's annual filing: ~USD 42M FY2023 (down from ~US…
ATTENTIONFindings
Registry status
PASSActive Limited Liability Company registered with the Guangdong Administration for Market Regulation (统一社会信用代码 available) 1. Registered address in Shenzhen Nanshan district, founded 2011. Legal representative on file. Business scope covers PCBA assembly, consumer electronics, and OEM manufacturing. No dissolution or insolvency filings.
Corporate structure
ATTENTIONOwnership held via 'Sunrise International Holdings (HK) Limited' — a Hong Kong-registered intermediate entity with a nominee-director structure common for tax planning but reducing UBO transparency. Ultimate beneficial owner is disclosed on the HK companies-registry filing but not directly on the mainland record 2. Buyer should request signed UBO declaration at contract stage.
Sanctions screening
PASSNo matches for the company, HK holding entity, or named directors in the EU Consolidated List, OFAC SDN, UK OFSI, or the US Entity List. PEP cross-check clean.
Adverse media
ATTENTIONOne flagged item in the last 24 months: a 2023 labor-arbitration case filed by a former line worker regarding unpaid overtime, settled out-of-court in Q4 2023. No pattern — this appears isolated in local Chinese-language sources. No product-safety recalls, no IP disputes, no environmental sanctions detected.
Financial signals
ATTENTIONPublicly-reported revenue via HK holding's annual filing: ~USD 42M FY2023 (down from ~USD 51M FY2022, -18% YoY). Margin compression consistent with sector-wide pressure on Chinese consumer-electronics OEMs. One board-level restructuring recorded in April 2024 (COO departure). No overdue tax notices, no known creditor actions. Watch: another 2 quarters of decline would warrant reassessment.
Sources
- 1
Guangdong Administration for Market Regulation · Company profile
https://www.gsxt.gov.cn/
- 2
HK Companies Registry · Sunrise International Holdings (HK) Ltd
https://www.icris.cr.gov.hk/
- 3
Alibaba Gold Supplier profile · Guangdong Sunrise
https://www.alibaba.com/
- 4
OpenSanctions · consolidated screening
https://www.opensanctions.org/