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Ugreen

Ugreen Group Limited is a Chinese multinational consumer electronics company founded in 2012 by Zhang Qingsen and headquartered in Shenzhen, Guangdong Province, specializing in the research, development, design, production, and sale of 3C (computer, communications, and consumer electronics) digital accessories, including USB cables, chargers, power banks, audio devices, and network-attached storage (NAS) solutions. Initially focused on USB hardware and connectivity products, Ugreen expanded its portfolio to include innovative charging technologies, such as the world's first 300W charger in 2023 and the world's first 500W charger in 2025, alongside smart storage devices like the NASync DXP Series. The company went public on the in July 2024 under the ticker 301606.SZ, marking a significant milestone that valued shares and created status for its through his substantial holdings. Ugreen has achieved notable recognition for its , holding over 1,800 patents—including 1,400 design patents, 320 models, and 40 inventions—and earning more than 60 awards globally. It serves over 200 million users worldwide and distributes its products in more than 180 countries through e-commerce platforms like , , , and , as well as over 10,000 offline stores. The brand's emphasis on quality, affordability, and user-centric has positioned it as a leading player in the digital lifestyle accessories market, with strong performances in campaigns, such as its products on .

History

Founding and Early Years

UGREEN Group Limited was established on March 16, 2012, by Zhang Qingsen in , . The company was founded with a mission to deliver reliable, user-focused technology accessories designed to support consumers at home, work, and during travel. Zhang, born in 1983 in Province, drew on his prior experience in the sector to launch the venture amid Shenzhen's vibrant manufacturing landscape. In its early years, UGREEN concentrated on basic 3C—computer, communications, and —accessories, such as USB cables and adapters. The company initially operated as an (OEM), producing these items for international brands before transitioning to develop and market its own branded products. This shift allowed UGREEN to emphasize quality and affordability, positioning its offerings as accessible alternatives to premium competitors in a crowded market. UGREEN faced significant challenges in penetrating the highly competitive sector, relying heavily on platforms like and for market entry and distribution. By leveraging these channels, the company achieved early sales growth through competitively priced, durable products that appealed to budget-conscious global buyers. Operations began in a modest facility in , capitalizing on the city's established ecosystem of suppliers, talent, and capabilities in .

Expansion and Milestones

UGREEN began its international expansion in 2015, shortly after its founding, by launching products on major platforms including , , , and . This move enabled the company to enter over 180 countries, serving more than 200 million users worldwide and establishing a robust global sales network. Key milestones during this period include UGREEN's recognition as 's Most Popular Brand Seller for two consecutive years in 2018 and 2019, highlighting its rapid in the sector. By 2022–2023, the company had built a network of over 10,000 offline stores globally, further solidifying its retail presence through strategic partnerships with major distributors. In parallel, UGREEN diversified its product lineup by 2017, introducing power banks and USB hubs to complement its initial focus on cables and adapters, which broadened its appeal in mobile and connectivity solutions. To support this growth, UGREEN established dedicated facilities in for , , and , enhancing operational efficiency and innovation capabilities. In 2020, the company launched initiatives, emphasizing intuitive product features and , which aligned with its "Universal Green" and led to a heightened commitment to through eco-friendly manufacturing practices and reduced material waste.

IPO and Recent Developments

In July 2024, Ugreen Group Ltd. completed its (IPO) on the Shenzhen Stock Exchange's ChiNext board, raising approximately 1.21 billion (about $167 million) through the issuance of 57 million shares at 21.21 each. The proceeds were allocated primarily to product research and industrialization projects, with around 551 million dedicated to enhancing (R&D) capabilities and supporting global expansion efforts. This listing marked a significant for the company, propelling its shares to a debut high of 45.55 , a 115% gain from the IPO price, and elevating Chairman Zhang Qingsen to status, as his direct holding of 187 million shares was valued at 8.5 billion (approximately $1.2 billion) at the close of the first trading day. Following the IPO, Ugreen intensified its focus on , launching the NASync DXP Series () devices via a campaign in March 2024, which raised over $6.6 million from more than 13,000 backers and became the highest-funded product in platform history. This entry into advanced storage solutions underscored the company's strategic pivot toward and AI-enhanced hardware. In June 2025, Ugreen launched the Nexode 500W Desktop Charger, featuring a total output of 500W across six ports with a single-port maximum of 240W, positioning it as a leader in high-power fast-charging technology for multi-device ecosystems. Post-IPO, Ugreen channeled investments into -integrated accessories, exemplified by the NASync NAS lineup unveiled at CES 2025, which incorporates built-in large language models for and intelligent data handling in partnership with . The company also advanced initiatives, committing to environmental responsibility through the use of eco-friendly materials in product lines and broader efforts to minimize ecological impact, aligning with its dedication to human care and sustainable innovation. These developments reflect Ugreen's forward-looking strategy to leverage public market resources for technological advancement and global as of late 2025. However, the NASync series has faced user-reported criticisms regarding vulnerabilities in 2025.

Products and Services

Charging and Power Accessories

Ugreen's charging and power accessories form the cornerstone of its product lineup, encompassing a diverse array of USB chargers, power banks, wireless charging pads, and multi-port hubs designed for efficient power delivery across smartphones, tablets, laptops, and other devices. These products support advanced protocols such as Power Delivery (PD) and (QC), enabling fast and versatile charging solutions compatible with major ecosystems including , , and Windows. Central to Ugreen's charging technology is the integration of (GaN) semiconductors, which allow for smaller, more efficient chargers that generate less heat while delivering high power outputs. For instance, the Nexode 100W GaN charger, released in , features three ports (two USB-C and one USB-A) for simultaneous charging of multiple devices, with intelligent power allocation up to 100W total. This model exemplifies Ugreen's focus on portability and performance, supporting PD 3.0 and QC 4.0 for rapid charging of devices like MacBooks and iPhones. Similarly, the Nexode 500W GaN desktop , launched in 2025, offers six ports with up to 240W per USB-C port, catering to high-demand scenarios such as powering multiple laptops in a home office. Power banks from Ugreen emphasize high-capacity, on-the-go solutions, with models ranging from 10,000 mAh compact units to 25,000 mAh variants for laptops. The Nexode 20,000 mAh power bank, for example, provides up to 165W output via and supports pass-through charging, making it suitable for extended travel. Wireless charging pads, such as the MagFlow series, incorporate Qi2 for up to 25W magnetic charging, compatible with MagSafe-enabled iPhones and offering adjustable designs for multi-device setups like phones and earbuds. All products undergo rigorous testing, holding certifications including UL, , and FCC to ensure protection against overvoltage, short circuits, and overheating. In the market, Ugreen positions its accessories as cost-effective alternatives to premium brands like , offering comparable performance at lower price points while maintaining strong reliability. User reviews frequently praise the durability and consistent output of models like the Nexode 100W charger, with professional evaluations highlighting its efficiency for professionals needing versatile power options. This approach has contributed to widespread adoption, with over 200 million users worldwide relying on Ugreen's products for daily charging needs, bolstered by dominant sales channels.

Storage and Data Solutions

Ugreen's storage and data solutions encompass a range of designed for secure, high-speed , catering to both individual users and small businesses. These products emphasize portability, across operating systems such as Windows, macOS, and , and robust build quality to ensure during transfers and storage. The company's external hard drive enclosures represent a foundational category, supporting NVMe and SSDs in sizes from 2230 to 2280, with capacities up to 8TB per drive. Models like the UGREEN NVMe SSD Enclosure achieve transfer speeds of up to 10Gbps via USB 3.2 Gen 2, while advanced variants leverage for speeds reaching 40Gbps, enabling rapid backups and large without thermal throttling thanks to aluminum casings and pads. These enclosures feature tool-free and UASP support for optimized , transitioning users from basic portable storage to more integrated data workflows. Complementing enclosures are Ugreen's portable SSDs and USB flash drives, which prioritize durability and on-the-go accessibility. The UGREEN 1TB Portable SSD, for instance, delivers read/write speeds up to 2000MB/s through USB 3.2 Gen 2x2 compatibility, housed in a shock-resistant aluminum body suitable for mobile professionals. USB flash drives, available in capacities from 32GB to 1TB, incorporate similar rugged designs with waterproof and dustproof ratings, ensuring reliable in demanding environments. Ugreen's evolution into () marks a significant advancement, with the NASync series introducing intelligent, scalable systems for home and small office use. The NASync DXP2800, a 2-bay model supporting up to 76TB via 0, 1, JBOD, or Basic configurations, integrates AI-driven features like automatic photo by faces, locations, and objects, alongside duplicate removal for efficient management. Powered by a 12th Gen N100 processor and expandable DDR5 up to 16GB, it offers 2.5GbE connectivity for seamless integration and streaming across devices, without recurring subscription fees. Higher-end NASync models, such as the DXP4800 Plus, extend this capability to 136TB storage with dual 10GbE ports and 4 support for up to 40Gbps transfers, facilitating RAID-protected data redundancy and remote access. The series' 2024 Kickstarter campaign for the NASync DXP lineup achieved unprecedented success, raising over $6.6 million from more than 13,000 backers and becoming the highest-funded project on the platform, underscoring Ugreen's shift toward AI-enhanced, ecosystem-open storage solutions compatible with third-party drives from brands like and Seagate.

Audio, Video, and Connectivity Devices

Ugreen's audio, video, and devices form a core segment of its accessory portfolio, focusing on solutions that facilitate high-fidelity transmission and robust linkages across modern devices. The product lineup features cables engineered for @60Hz and 8K@30Hz resolutions with support for and HDCP 2.2 protocols, ensuring crisp video output for home theaters and professional displays. Audio adapters, including to 3.5mm dongles with integrated DAC chips and to 3.5mm converters certified by Apple MFi, enable direct headphone for smartphones and tablets without quality loss. Ethernet hubs and adapters provide Gigabit speeds for stable wired , ideal for or streaming setups where is a concern. Wireless earbuds, such as the HiTune T3 and S3 models, incorporate true stereo technology with IPX4 water resistance for on-the-go audio. Docking stations round out the offerings, with multi-port designs supporting video output via or and seamless multi-device switching through passthrough. Central to these products are advanced technologies that prioritize and performance. Bluetooth 5.3 connectivity powers audio adapters and earbuds, delivering low-latency transmission up to 10 meters with enhanced anti-interference capabilities, allowing effortless pairing with smartphones, laptops, and TVs for music streaming or video calls. Video adapters and docks leverage 2.1 and 1.4 standards for uncompressed @60Hz signals, supporting multi-monitor configurations that extend workspaces without lag. The Revodok series exemplifies this with 4 and 5 compatibility, enabling data throughput of up to 40Gbps bidirectional and display outputs like dual @60Hz or single 8K@30Hz, designed for creative professionals handling video editing or presentations. These features ensure broad ecosystem integration, from and devices to Windows and macOS systems, via plug-and-play drivers that require no additional software. Ugreen targets consumers needing portable, versatile connectivity for travel and home environments, emphasizing compact designs that fit in bags or desks without sacrificing functionality. For example, the Revodok Pro 209 9-in-1 docking station combines HDMI, Ethernet, and USB ports in a aluminum chassis with thermal dissipation, supporting KVM switching for effortless transitions between laptops and peripherals during remote work or mobile setups. Audio products like the Bluetooth 5.1 transmitter-receiver convert wired sources to wireless, bridging legacy TVs with modern headphones for immersive viewing. These devices are lauded for their plug-and-play simplicity and cross-platform reliability, with user feedback highlighting minimal setup time and consistent performance across ecosystems. Power delivery integration in docks, up to 100W PD, allows simultaneous charging while maintaining video and connectivity integrity.

Corporate Structure

Headquarters and Operations

Ugreen's headquarters is situated in the Longhua District of , Province, , within the Longcheng . The company's primary operations are housed across four main buildings, each serving distinct functions: one for international and domestic marketing, another for , a third dedicated to (R&D), and the fourth focused on oversight. This setup leverages 's position as a global technology hub, fostering innovation in . With over 3,600 employees, Ugreen maintains a substantial to support its design, testing, and operational needs. The operations model centers on in-house and R&D, where the company develops and software integrations to ensure and performance across its accessory lineup. Manufacturing is handled through a hybrid approach, with production occurring in facilities within Province, allowing for close oversight of quality and assembly processes. This structure enables Ugreen to iterate rapidly on designs while scaling output efficiently. Ugreen's global relies on partnerships with component suppliers to source materials like semiconductors and cabling, ensuring reliable for high-volume production. Distribution networks extend to more than 180 countries, facilitated by strategic warehouses in key regions, including the , (for ), , and . These investments, totaling nearly 50 million euros, support fast delivery and localized inventory management for international markets.

Leadership and Governance

Ugreen Group Limited is led by its founder and Chairman, Zhang Qingsen, who established the company in 2012 and continues to guide its strategic direction as of 2025. At 42 years old, Zhang holds a significant ownership stake of approximately 45% in the company, underscoring his central role in its growth from a niche supplier to a publicly traded entity. The team supports Zhang's vision through specialized roles focused on operations, , and global expansion. Key members include Vice Chairman Junling Chen, who contributes to oversight and decision-making; Mengxin He, responsible for overall ; and Board Secretary Lizhen , handling financial strategy and compliance; and Deputy General Managers Jian and Leijie , who drive international sales and product development. The features a balanced composition with directors, non- directors, and directors such as Haijun Gao, emphasizing expertise in and to foster and . Following its on the Stock Exchange's ChiNext board in July 2024, Ugreen enhanced its governance structure by expanding the board to include additional directors, promoting greater and alignment with standards. The company adheres strictly to regulations, including requirements for transparent shareholder communications and periodic disclosures. Ugreen maintains an ESG Committee to integrate principles into its operations.

Achievements and Impact

Patents and Innovations

As of 2025, UGREEN holds over 1,800 global patents, comprising more than 1,400 patents, 320 patents, and 40 patents, with a primary focus on advancements in charging and technologies. These intellectual properties underpin the company's product ecosystem, enabling innovations in power delivery and data transfer solutions that enhance user experience while adhering to emerging standards. Key innovations include proprietary GaNInfinity™ chip designs, which facilitate compact, high-efficiency chargers such as the world's first 500W charger launched in 2025 and the pioneering 300W model introduced in 2023. These designs leverage (GaN) technology to achieve superior energy conversion rates and thermal management, allowing multi-port charging stations to deliver up to 500W total output while maintaining a . Additionally, UGREEN has developed in-house algorithms for its NASync series, featuring a local (LLM) trained on NAS-specific data for intelligent file management, OCR text recognition from images, and smart photo tagging based on object and facial identification, with some advanced features planned via over-the-air updates in late 2025 and 2026. This optimizes data organization and searchability, supporting features like automated summarization of audio recordings and keyword-based retrieval without relying on cloud processing. UGREEN invests significantly in R&D through facilities in , , where dedicated labs conduct real-world testing for , video, and performance scenarios to refine technologies aligned with future standards like and wireless power protocols. These efforts emphasize sustainable practices, including the integration of eco-friendly materials in cable construction to reduce environmental impact and promote recyclability, as highlighted in product catalogs and design philosophies.

Awards and Market Recognition

UGREEN has garnered over 60 awards, recognizing its commitment to innovative and user-centric in . Notable among these are multiple Design Awards for the Nexode Pro GaN Fast Charger series, including the 2025 award, which highlight the compact yet powerful integration of technology, as well as iF Design Awards for portable charging solutions dating back to 2019. These accolades, spanning 2019 to 2025 as of 2025, underscore UGREEN's excellence in balancing functionality with sleek, travel-friendly designs across its charger lineup. In terms of market recognition, UGREEN was named Amazon's Most Popular Brand Seller for two consecutive years in 2018 and 2019, reflecting its rapid growth and consumer appeal in the competitive tech accessories sector. The company now serves more than 200 million users worldwide and consistently ranks at the top of categories for charging and connectivity products on platforms like and . This widespread adoption is further evidenced by the 2024 Kickstarter campaign for the NASync series, which became the highest-funded product in the platform's history, raising over $6.6 million from more than 13,000 backers and demonstrating exceptional consumer trust in UGREEN's storage solutions. UGREEN's industry impact is evident in its in charging advancements, including contributions to efficient power delivery protocols through support for standards like PD 3.1 in its devices. The company's 2025 release of the world's first 500W charger, unveiled at CES and ranked as the top by The Verge, earned widespread recognition for enabling simultaneous high-power charging of up to six devices while promoting energy-efficient . This innovation not only sets new benchmarks for multi-device charging but also aligns with broader goals by reducing energy waste in .

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