VeSync

OwnrCheck Label

Chinese-owned

Industry

Home appliances

Parent Entity

Vesync Co., Ltd (Cayman Islands) — taken private in May 2025 by an offeror backed by founder Yang Lin

Founded

2011

Headquarters

Shenzhen, China

Listed

Delisted (was HKEX: 2148, to May 2025)

Last Updated

September 2026

Confidence

● Medium· Delisting confirmed; offeror ownership from press reports

Background

VeSync began in 2011 when its first brand, Etekcity, started selling online in the US; a Shenzhen office followed in 2013. It launched Cosori and Levoit in 2016 and sells air purifiers, air fryers, scales and pet devices, mainly through Amazon. Vesync listed on the Hong Kong Stock Exchange (HKEX: 2148) in December 2020 and was taken private in May 2025.

Parent Entity & Ownership

Vesync Co., Ltd is a Cayman Islands company whose operations are run from Shenzhen. It was founded by Yang Lin. In May 2025 it was delisted from the Hong Kong Stock Exchange after a privatisation by scheme of arrangement led by the offeror Victory III Co., Ltd, which was backed by Yang Lin and members of his family. The company cited geopolitical tensions and tariffs among its reasons for going private.

Verdict: Chinese-owned

VeSync, the company behind Levoit, Cosori and Etekcity, is privately controlled by its founder and run from Shenzhen.

Sources

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