Summary of duties

Ii Holdings is a leading provider of hourly gondola chartering services in Hong Kong. It has been involved in providing temporary gondola chartering and related services to customers for more than 18 years. The main services include: (I) providing temporary gondola and other equipment chartering services, mainly including tower cranes and generator sets; and (ii) equipment and spare parts bartering, mainly including fixed gondola, delivery and handling. According to Frost Sullivan's report, in terms of the income generated by temporary crane chartering, the collection is the leading provider of hourly crane chartering services in Hong Kong in 2015, accounting for 22.8% of the industry's total revenue in Hong Kong. During the going-to-market period, the collection agency leased hourly gondolas to customers for housing construction or to carry out maintenance and renovation works.

Thank you very much.

Collection is the leading provider of timely crane charter service providers with rich professional knowledge and quality control to ensure high quality products and services.

The collection has maintained a stable relationship with customers and suppliers to provide a comprehensive temporary gondola charter scheme with value-added services.

Negative factor

Revenue mainly comes from non-routine items, while services depend largely on the ability of collectors to attract new customers and retain existing customers.

If you fail to collect receivables from customers, the operating expenses of the collection will be adversely affected.

The fierce competition of the gondola industry can lead to a drop in market share or rent.

The purpose of the income

About 26.3% is used for temporary gondolas which are replaced by 1300 new deliveries and other essential parts.

About 66.1% is used to buy 11 tower cranes and to hire new talents with related knowledge.

About 7.6% is used for general financial assistance.