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Zhejiang Mobi Garden Outdoor Products Co., Ltd.
Manufacturer VerifiedChina

Zhejiang Mobi Garden Outdoor Products Co., Ltd.

Mobi Garden

Zhejiang Mobi Garden Outdoor Products Co., Ltd. is a leading vertically integrated camping gear manufacturer and brand operator in China, employing a unique dual-engine business model of “OEM/ODM manufacturing + owned brand”. As the first listed camping company on the A-share market, it focuses on tents, camping furniture, and full-range equipment, leveraging its modern in-house production base to serve international brands like Decathlon. Its owned “Mobi Garden” brand accurately captured and defined China’s “glamping” trend, becoming a national-level solution provider with aesthetic, user-friendly, and comprehensive products. In 2024, revenue reached 1.082 billion RMB, split roughly equally between brand and OEM/ODM businesses. While industry cooling led to short-term pressure, its solid manufacturing foundation and broad brand recognition form its core competency for cyclical resilience.

Strengths: Mobi Garden’s core strengths lie in its solid vertically integrated manufacturing capability and first-mover advantage as a “national brand”; its in-house factory and OEM experience for global brands ensure product quality, cost control, and rapid response, while its brand successfully captured the family user mindset during the camping boom, building a strong channel network and user base. The combined “B2B+B2C” model provides unique resilience against industry fluctuations.

Weaknesses: Mobi Garden’s main weaknesses are its growth being significantly impacted by the post-pandemic rationalization of camping demand, facing dual pressures of a shrinking incremental market and homogenized price competition; simultaneously, the brand struggles to break through its “high-value” mass perception to establish a premium technical image, while channel inventory optimization and operational efficiency are urgent short-term challenges.
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ChinaFounded 20031K+ / 100
Listed onSSE603908
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

603908 · SSE · weeklyHistory →
Market cap
$235 M
Share price
CNY 16.74
1Y change
-32.1%
Recent change
+0.1%

11-03 → 11-04

Since first close
-30.6%

from 2025-09

· updated 2026-11-04

Financial history

Full market history
CNY 0$0CNY 8$100 MCNY 15$200 MCNY 23$300 MCNY 30$400 M2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11CNY 16.74$235 M+1.7%
  • 2026-10CNY 16.46$231 M-15.4%
  • 2026-09CNY 19.45$273 M-2.0%
  • 2026-08CNY 19.85$279 M+13.1%
  • 2026-07CNY 17.55$247 M+4.0%
  • 2026-06CNY 16.88$237 M-17.6%
  • 2026-05CNY 20.49$288 M-15.3%
  • 2026-04CNY 24.18$340 M+4.7%
  • 2026-03CNY 23.10$324 M-9.1%
  • 2026-02CNY 25.41$357 M+2.5%
  • 2026-01CNY 24.79$348 M+6.2%
  • 2025-12CNY 23.35$328 M—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Latest available filings
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Manufacturer
Insiders
—
Institutions
—
Free float
—

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

Zhejiang Mobi Garden Outdoor Products Co., Ltd. (stock code 603908 on the Shanghai Stock Exchange) is China's only A-share listed camping-gear maker. Headquartered in Quzhou, Zhejiang, it operates a vertically integrated "OEM/ODM + own-brand" dual-track model: a modern, highly automated "future factory" serves as its core manufacturing base, while the Mobi Garden brand drives B2C sales through a nationwide network of over 500 offline stores and leading e-commerce platforms (Tmall, JD.com, Douyin). The company achieved a brand heat score of 79/100, placing it at the top of the domestic camping equipment market.

Core Business

Camping Equipment is Mobi Garden's core business, contributing approximately 78% of total revenue. The company specializes in tents, camping chairs, sun-shades, tables, and related accessories, which have become the defining products of China's "boutique camping" trend. Signature product lines include the "Ji Yuan" (Epoch) and "Lan Sheng" (Grand Victory) tent series, along with the "Hao Yue" (Bright Moon) chair series—phenomenal bestsellers that defined domestic boutique camping equipment aesthetics and functional standards. Equipment Accessories include camping carts, camp lights, cookware, and storage boxes, extending the product ecosystem around core "stay" and "sit" categories.

Global Presence

Mobi Garden operates primarily from its headquarters and main production base in Quzhou, Zhejiang, featuring a modern, highly automated manufacturing facility. The company serves global outdoor brands including Decathlon and Coleman as a core OEM/ODM partner, with B2B business extending internationally. Domestic presence includes over 500 offline retail stores across China, complemented by major e-commerce platform stores. The dual-track business model enables both B2B contract manufacturing services and B2C sales through multiple channels.

Key Strengths

Mobi Garden's competitive advantages include deep manufacturing expertise combined with rapid market trend capture capabilities. The company was a key participant and definer in China's camping industry's transition from "professional wilderness" to "boutique leisure." Its proprietary modern production base ensures quality control and cost advantages for core product categories. The "OEM/ODM + own-brand" dual-track model provides revenue stability through contract manufacturing while building consumer brand equity. During the 2022-2023 camping boom, Mobi Garden's self-owned brand became the first camping equipment set for countless Chinese families, successfully establishing strong brand recognition and customer loyalty.

VerityRank Score

VerityRank Score of 79/100

Quick Facts

Headquarters

Quzhou, Zhejiang, China

Founded

2003

Employees

1K+

Market cap

$235 M

Presence

30+ Countries

Listing

SSE: Listed

Categories
Textile & ApparelBackpacks IndustryCamping Gear IndustryMen's Sportswear IndustryOutdoor Cooking Equipment IndustrySpecialty Bags IndustrySports & Outdoor Gear IndustryTextile & Apparel Industry BrandsWomen's Activewear IndustrySports & Outdoor Gear ManufacturersOutdoor & Garden Furniture ManufacturersOutdoor & Garden Furniture Company

12 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: SSE:603908