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For everyone included, one of the business Eve-Tech inked an offer with was a Hong Kong company called Fortress Tech Distribution Limited, which was meant to run the business’s online shop and manage deliveries and orders. According to documents initially found by r/EveV’s Miller, the documentation was initially filed with Hong Kong’s Companies Register by MianZe Zheng in November 2016, and that same name appears in minutes of Eve-Tech conferences as a minority investor who managed about 20 percent of the business’s total shares. What he didn’t mention was the reality that, as part of this plan, control of the brand name would be offered to Eve-Tech CFO Tuukka Korhonen, who spun up a new Hong Kong company called Eve Holdings Limited in early 2017 and took a position as handling director of another, called Eve Distribution Limited that was suggested to handle the manufacture and sale of Eve products going forward.

What wasn’t instantly clear to outdoors observers was that Eve-Tech had actually constantly meant to be more of a licensing company than an actual hardware maker. For everyone involved, one of the companies Eve-Tech inked an offer with was a Hong Kong firm called Fortress Tech Distribution Limited, which was meant to run the business’s online storefront and handle orders and deliveries. According to files first spotted by r/EveV’s Miller, the documentation was originally filed with Hong Kong’s Companies Register by MianZe Zheng in November 2016, and that exact same name appears in minutes of Eve-Tech conferences as a minority investor who managed about 20 percent of the business’s total shares. What he didn’t discuss was the truth that, as part of this strategy, control of the brand would be offered to Eve-Tech CFO Tuukka Korhonen, who spun up a brand-new Hong Kong company called Eve Holdings Limited in early 2017 and took a position as handling director of another, called Eve Distribution Limited that was implied to manage the manufacture and sale of Eve items going forward. From what we comprehend, his tenure as CEO so far has largely been taken up by another business restructuring that would see the company formerly known as Eve-Tech become a firm called Veleventures.