Group Intellect Power Technology Limited Acquires Stuff Technology Limited

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GIPT Acquires Stuff

Purchase Expands Global Manufacturing of Mobile Chargers, AC/DC Chargers and Apple MFi-certified Products

SAN MARCOS, Calif.; HONG KONG; MÜNSTER, Germany – August 1, 2022 – Group Intellect Power Technology Limited (“Group Intellect Power Technology”), a global designer and manufacturer of power adapters and consumer electronics, and parent company of Brightworks Technology, Inc. (“Brightworks Technology”) announces the acquisition of Stuff Technology Limited (“Stuff Technology”). Stuff Technology is a global mobile and tablet accessories manufacturer with plants in China and Vietnam. The acquisition strengthens the company’s consumer product business and expands its mobile power offerings. Currently, Group Intellect Power Technology manufactures millions of consumer and industrial products each year.

With more than 10 years of production experience, Stuff Technology has become one of Asia’s emerging manufacturers of a diversified range of power magnetic products and provides OEM and ODM contract manufacturing services to global customers. In addition, Stuff Technology is a licensee of Apple’s Made for iPhone/iPad/iPod (MFi) program to provide the best design in power supplies and connectors.
“We’re very pleased to finalize our acquisition of Stuff Technology. The purchase of Stuff Technology meets our ongoing goal of becoming a larger global resource of named brand mobile power and power conversion solutions in the industry,” said Daniel Ma, CEO and Founder of Group Intellect Power Technology. “Our global footprint with facilities of more than 460,000 square feet and over 3,200 employees allow us to provide full-service design and packaging, research and development, manufacturing, testing, service, and support for a wide array of customers. The addition of Stuff’s product lines will support our continued growth and meets our high standards of product quality at scale for existing and new customers across the globe.”
Customer Benefits of Acquisition

“Stuff Technology customers who need the resources of a large-scale company that Group Intellect Power Technology and Brightworks Technology can provide on a global basis will greatly benefit,” noted Robert L. Carl, president of Brightworks Technology, the North American subsidiary of Group Intellect Power Technology. “From Hong Kong to Europe to California, our teams have extensive global expertise ensuring the best in account management, product production, and delivery. In North America, Brightworks Technology will service Stuff Technology customers and we have started transitioning communications and support from our headquarters in San Marcos, Calif. Conversations with major customers have been very positive and we look forward to integrating Stuff Technology’s product lines.
“Group Intellect Power Technology is the perfect company to acquire Stuff Technology,” remarked Henry Ma, CEO and founder of Stuff Technology. With its manufacturing plants in China and Vietnam, applications expertise, impressive vertical integration, research and development, prototyping, program management and ODM services, Stuff Technology’s customers are in great hands. I look forward to my new role as an advisor to the company and participating in its continued success.”
The acquisition follows Group Intellect Power Technology’s recent momentum of achieving a significant milestone of manufacturing its 350 millionth power adapter. In addition, the company added 150,000 square feet of manufacturing space last year to one of its plants in Dong Nai province in southern Vietnam.

About Group Intellect Power Technology Limited
Headquartered in Hong Kong, Group Intellect Power Technology Limited has been providing electronic product design and high-volume manufacturing of AC/DC power conversion solutions to global customers for the past three decades. With seven manufacturing, design and R&D facilities located in Shenzhen, Shanghai and Dongguan, China, and Dong Nai Province, Vietnam, the Company has over 3,000 employees with over 460,000 square feet of production space in Asia.

About Brightworks Technology, Inc.
Headquartered in San Marcos (San Diego) Calif., Brightworks Technology, Inc. is a subsidiary of Group Intellect Power Technology, Limited. The global Company builds OEM products for customers in its Contract Manufacturing Services division and offers value-added services such as plastic injection molding, cables and harnesses, and high-volume printed circuit board assembly using surface mount technology (SMT). The Company also designs and manufactures AC/DC power conversion products, including PD3.0 mobile power supplies, as well as battery chargers and external power adapters from 1 to 3,000 Watts for medical and industrial applications. With over 3,000 employees worldwide, two manufacturing campuses, and three R&D locations, the Company manufactures consumer electronics and electro-mechanical products, including radio frequency, audio and video electronics, and other electro-mechanical products from its global manufacturing and design facilities. For more information, visit www.brightworks-usa.com and on LinkedIn.

Agency Contact:
PJ Jennings
Jennings & Associates
Communications, Inc.
760-431-7466
pj@jandacommunications.com