All Brands Owned by Chervon Holdings

Is Chervon Holdings publicly traded?
Yes, Chervon Holdings Limited is publicly traded on the Hong Kong Stock Exchange under the ticker symbol 2285. The company completed its initial public offering on December 30, 2021. Founder Pan Longquan and the founding shareholders maintain majority control through Chervon Global, the intermediate holding company.

Who founded Chervon Holdings?
Chervon was founded in 1994 by Pan Longquan, Zhang, and Xu Ningfeng, who started a foreign trading company called Chervon International Trading in Nanjing, China, focusing on the export of power tools. Ke Zuqian joined as a business partner and shareholder in 1996. Pan Longquan serves as Executive Director, Chairman, and CEO.

What brands does Chervon own?
Chervon owns five brands: EGO (battery powered outdoor power equipment, the world's largest single battery OPE platform), FLEX (German professional power tools, acquired 2013), SKIL and SKILSAW (consumer power tools, acquired 2017), DEVON (power tools for the Chinese domestic market), and X-TRON (industrial power tools).

What is the EGO brand?
EGO is Chervon's flagship outdoor power equipment brand, launched in 2013 with the world's first 56V lithium ion battery driven outdoor power equipment. The EGO 56V ARC Lithium platform is the world's largest single battery OPE platform with over 110 tools. EGO produces battery powered lawn mowers, string trimmers, leaf blowers, chainsaws, snow blowers, rider mowers, and pressure washers. In 2025, EGO achieved single digit revenue growth and double digit POS sales growth in North America, with several product categories ranking first in market share for lithium ion battery powered OPE products. EGO won the 2025 New York Times Wirecutter Best Lawn Mower Award and the 2025 Forbes Vetted Awards.

What is Chervon's annual revenue?
For FY2025 (ended December 31, 2025), Chervon reported revenue of US$1.628 billion, a decrease of 8.2% from US$1.774 billion in FY2024. Net profit was US$97.7 million, down 13.3% year over year. The decline was primarily due to customers adopting more prudent procurement strategies amid China US tariff tensions. The OBM business accounted for 76.7% of total revenue.

Where does Chervon manufacture its products?
Chervon operates manufacturing facilities in Nanjing, China (its primary manufacturing base with two industrial parks) and Ho Chi Minh City, Vietnam (incorporated in 2020, with capacity increased significantly in 2025). The company also completed the relocation of production from its Steinheim facility in Germany to Nanjing in 2025. The company is actively evaluating broader global capacity deployment plans to enhance supply chain flexibility.

What is the John Deere partnership?
In 2025, Chervon and John Deere jointly launched the Z370RS Electric ZTrak Mower powered by EGO 56V ARC Lithium batteries. This partnership represents a milestone in strategic product collaboration between the two companies, expanding the EGO battery ecosystem. The partnership demonstrates EGO's technology leadership and provides access to John Deere's extensive dealer network in the professional market.