Tonic Industries Holdings Limited is an investment holding company. The Company, together with its subsidiaries, is engaged in design, manufacture and sale of consumer electronic products and components. The Company operates in one business segment the electronic products and components segment, which consist of the design, manufacture and sale of audio and video products and components. The Company鈥檚 subsidiaries include Agility Investments Limited, Champion Apex Limited, Grand Golden Profit Limited, Gold Beam Developments Limited, Tonic Centerus Wind Energy (Holdings) Limited, Tonic Electronics (B.V.I.) Limited, Tonic Technology Limited, Dongguan Gold Beam Electronics Co., Ltd., Dongguan Xin Lian Digital Technology Co., Ltd., Panatone Licensing Limited, Tonic Digital Products Limited, Tonic Electronics Limited, Tonic Enterprises Limited, Tonic International Limited, and Tonic DVB Marketing Limited.