Summary of duties

Cheng Cheng Holdings is a well-known formwork subcontractor in Hong Kong. It has been established for 22 years. Formwork is an important and indispensable element of concrete building buildings. According to the main materials used in formwork engineering, the formwork project can be divided into (I) traditional wood formwork using wood and planks. And (ii) the template works undertaken by the collection are mainly from the public and private sectors in Hong Kong, including private housing development, commercial development and public housing and buildings. In addition, the collection mainly obtained 49 and 3 template projects through bidding, investment and direct invitation, respectively.

Thank you very much.

The collection company has a long experience and good track record to ensure long-term relationship with customers, suppliers and subcontractors.

One of the leading formwork subcontractors in Hong Kong

Set to maintain high safety and environmental management standards and quality control

Negative factor

The revenue of the collection mainly comes from non-routine items, and there is no guarantee that customers will provide new services or win new contracts.

A substantial increase in the cost of construction materials or substandard construction materials may adversely affect the cost of collection.

The labor shortage may affect the performance of the project.

The purpose of the income

About 42.9% is used to purchase foreign machines and equipment.

About 28.5% is used as a high-strength template system for large quantities of steel.

About 12.9% is spent on human resources.

About 6% is used for extra rent to rent a warehouse for construction materials, machines and equipment.

About 9.7% is used for general financial assistance.