Raytech Holding, trading as Pure Beauty, is a small Hong Kong-based sourcing and wholesaling intermediary for personal care electrical appliances. Raytech does not manufacture products — it acts as a design and development office that takes orders from brand-owner customers, co-develops product specifications, manages manufacturing through partner factories in mainland China, and arranges shipment to customers. Raytech's core products are hair styling appliances (primarily hair dryers and straighteners, roughly half of revenue) and trimmers including face shavers, nose trimmers, and foil shavers (roughly 43% of revenue), with the remainder in eyelash curlers, nail care, and other small appliances. Raytech earns a margin on the spread between what it pays manufacturers and what it charges customers, and positions itself as a value-added design and sourcing partner rather than a pure trading company. The business is heavily concentrated: its dominant customer is Koizumi Seiki, a top-10 personal care appliance seller in Japan by retail volume, which accounted for 64% of revenue in FY25. Nearly all manufacturing is sourced from a single mainland China factory controlled by Raytech's own founder and CEO. Raytech's stated growth strategy is to diversify its customer base and expand beyond Japan into the U.S., Europe, and other Asian markets, though these efforts are at an early stage. The company is very small, with just 6 employees and a single leased office in Kowloon Bay.