PSVANE

PSVANE

Psvane is a brand name – owned by a private group engineers exiting the Chinese state-owned Shuguang tube factory in 2011. Initially some of the members of this private group worked for Shuguang and they were the key R&D personnel for the hugely popular ‘black bottle’ Shuguang Treasure series.

As the Treasure tubes became popular and in demand, the profit sharing arrangement between the key development personnel and the quasi-government controlled Shuguang Group started to become out of balance, which eventually resulted in earlier 2011 the sales rights of Treasure tubes were officially removed from this group of key R&D personnel. This event has triggered the formation of Psvane brand to maximize financial return on their tube expertise. A separate company called ‘Heng Yang Electronics’ is later formed for Psvane tube production. The company has trade name as ‘Psvane Audio’ and is a registered entity in Hong Kong.