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善乐国际控股有限公司(1660.HK)新股申购

Shanle International Holdings Limited (1660.HK) IPO

長雄證券 ·  Feb 3, 2017 00:00  · Researches

Business summary

Shanle International Holdings mainly develops foundation machinery trading business in Hong Kong. Customers include construction companies engaged in construction engineering in Hong Kong, and mainly provides (i) construction machinery trade (mainly foundation machines and drilling parts), both commonly used in early construction projects such as ground leveling and foundation work; (ii) construction machinery leasing (mainly for power and energy machinery), which are used daily to provide energy or power for the operation of construction sites; and (iii) provide local transportation services, and the group also has 618 power generation departments machines, 32 air compressors and 8 Ground-based machine leasing fleet.

Competitive advantage

Stable market position and sustainable development of the construction machinery industry in Hong Kong

Market leader with large and well-maintained rental fleets

Maintain stable relationships with major customers and suppliers

Risk Factors

The contract between the Group and the customer is based on the project in the client's hands, and there is no guarantee that the existing customer will re-hire the Group for future construction projects

There is no guarantee that the Group's suppliers will extend exclusive distribution agreements with the Group after the negotiations have been completed, so future profits and market share may be adversely affected.

Technical notices or other similar administrative measures issued by the government may have a negative impact on the group

The translation is provided by third-party software.


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