What Daphne Intl Hlds does

Daphne International Holdings Limited (HKEX: 210) is a Hong Kong-listed footwear and lifestyle brand holding company founded in 1987 and headquartered in Shanghai with a principal place of business in Hung Hom, Kowloon. The group operates a vertically integrated model spanning footwear manufacturing via Hanjiang Footwear and Hanjiang Dafu Footwear in Putian, brand management through Daphne (Wenzhou) Brand Management Co., trading via Gentlefit Trading Limited, and an information-technology subsidiary (Shanghai Aixie Information Technology Co., Ltd.). Its commercial activities historically centered on the mass-market Daphne footwear brand sold through a mainland China retail network.

The group's revenue model combines manufactured footwear wholesale, branded retail distribution, and ancillary brand-management services, with end customers being primarily Chinese mass-market footwear consumers. Recent corporate activity has shifted toward portfolio rationalization and balance-sheet repair rather than organic expansion: the company executed asset disposals in 2020-2021 (a subsidiary equity sale and a land/property resumption), raised capital via convertible notes in October 2020, and completed an acquisition of approximately 40.04% in an undisclosed target in September 2023. Governance is family-led, with the Chang family controlling the executive chairmanship (Chang Chih-Kai), the CEO seat (Chang Chih-Chiao), and an executive director seat (Chang Wan-Hsun appointed December 2024), supported by a board of independent non-executive directors.

As of December 2025 the company had 1,978,598,429 shares in issue and a market capitalization of HK$801.5 million, reflecting a small-cap profile relative to its 10,000+ employee base. Beyond core footwear, the group holds a legacy investment in Tailorism (Shanghai Tai Yue E-Commerce Ltd.), an online made-to-measure platform using 3D modeling and big-data fitting, though the founder (now a non-executive director) has stepped back from operating roles. The corporate footprint is anchored in Greater China with no disclosed international expansion.

Name

Daphne Intl Hlds

Legal name

Daphne International Holdings Limited

Website

https://daphneholdings.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Daphne International Holdings (HKEX: 210) is a China-focused footwear holding company operating vertically integrated manufacturing, brand management, and retail distribution under the Daphne mass-market brand, serving Chinese footwear consumers through wholly-owned subsidiaries in Shanghai, Wenzhou, and Putian.

Ownership category

akta.pro rank

Product category

Footwear Retail

NAICS

Footwear Manufacturing (3162)

SIC

Footwear, (No Rubber) (3140), Retail-Shoe Stores (5661)

akta.pro primary industry

Casual & Fashion Footwear Manufacturing (Lifestyle/Streetwear) (IMAOAIAB)

akta.pro secondary industry

Footwear Manufacturing (OEM/ODM & Private Label) (CRAAACAJ)

Keywords

• Women's footwear retail
• Footwear manufacturing
• Brand management
• Online footwear shopping
• Apparel and textiles

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Others

Core offering

Daphne International Holdings designs, manufactures, and retails footwear and lifestyle products under the Daphne brand through a vertically integrated group of wholly-owned subsidiaries. Operations span product design, footwear manufacturing in Putian City (Fujian), brand management via Daphne (Wenzhou) Brand Management, and retail distribution through an online shopping platform and a wholly-owned trading subsidiary.

Product overview

Daphne International Holdings Limited is a Hong Kong-listed holding company (Stock Code: 210) operating primarily in the footwear retail and manufacturing sector. The company manages a portfolio of subsidiaries including Hanjiang Footwear Co., Ltd., Hanjiang Dafu Footwear Co., Ltd., Daphne (Wenzhou) Brand Management Co., Ltd., and Shanghai Aixie Information Technology Co., Ltd. Additionally, the company has an investment in Tailorism (Shanghai Tai Yue E-Commerce Ltd.), an online made-to-measure startup focused on 3D modeling and big data computing for clothing fitting solutions. The group is primarily engaged in product design, supply chain management, and retail distribution of footwear products.

Differentiator

Problem solved

Functional benefit

Products and services

• Daphne branded footwear
• Daphne branded apparel and textiles Cloths and textiles products sold alongside footwear under the Daphne brand to consumers through the group's retail and online channels.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Others

• Alibaba Group (Tmall footwear category): China's dominant e-commerce platform where footwear brands including Daphne sell through flagship stores. Not a direct footwear competitor but the dominant online channel that increasingly dictates footwear retail economics in China.

Direct peers

• Huali Industrial Group: China-based footwear manufacturer listed in Hong Kong, producing branded and casual footwear for international and domestic clients. Comparable manufacturing scale and customer adjacency to Daphne's Hanjiang operations.
• Stella International Holdings: Hong Kong-listed footwear manufacturer with significant China operations producing branded and private-label footwear. Comparable to Daphne's Hanjiang manufacturing subsidiaries and operates in the same women's footwear category.
• C.banner International Holdings: China-based footwear retailer and brand operator listed in Hong Kong, focused on mid-range women's casual and dress footwear. Directly competes with Daphne at similar price points and channels.
• Le Saunda Holdings: Hong Kong-listed mid-to-premium women's footwear brand with significant mainland China retail exposure. Direct competitor to Daphne in women's dress and casual footwear at slightly higher price points.
• Belle International Holdings: One of China's largest women's footwear retailers with vertically integrated manufacturing and a comparable brand portfolio (Belle, Staccato, Tata). Directly competes with Daphne in mass-market women's footwear and is the closest comparable business model.

Regional players

• 361 Degrees International: Mainland China and Hong Kong-listed sports footwear and apparel brand. Targets the same Chinese consumer base as Daphne and an independent non-executive director of Daphne also sits on this board.
• Xtep International Holdings: Hong Kong-listed sports footwear brand with deep distribution across mainland China. Competes for the same Chinese consumer wallet share though focused on athletic rather than casual footwear.

Broad incumbents

• Anta Sports Products: China's largest domestic sportswear group, listed in Hong Kong, with multi-brand portfolio (Anta, FILA, Descente). Sets the competitive benchmark for footwear distribution scale in China that Daphne's retail network competes against.
• Yue Yuen International Holdings: World's largest footwear manufacturer by volume, listed in Hong Kong, with extensive China-based OEM operations. Overlaps with Daphne's manufacturing footprint and serves many of the same global footwear brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daphne Intl Hlds