Raytech Expands into Health Care Electronics; Appoints New Chairman

Raytech Holding Limited announced a strategic expansion into providing services for personal health care electronics, including product design, development, and consultations. This new direction, planned since Q3 FYE2026, will be led by its subsidiary, Raytech Innovation Limited. To spearhead this growth, the company appointed Mr. Haoyuan Liu as its new Chairman and Executive Director, effective April 15, 2026, leveraging his extensive experience in fintech and capital markets. Raytech aims to capitalize on the rapidly growing Asia Pacific wearable medical devices market, projected to reach US$26.83 billion by 2030, supported by its US$15.6 million cash reserves.