The company introduces that the company is an industrial coating manufacturer, engaged in the manufacturing business of customized liquid and powder coatings, mainly providing customized coatings for its products to customers in the toy industry and consumer electronics industry. The Group manufactures a variety of industrial coatings, including liquid coatings (including various water-based and solvent-based coatings, such as baking paints, plastic coatings, inks, etc.) and powder coatings. In the six months ended June 30, 2015, revenue from Chinese customers accounted for about 74.2% of the total revenue, while revenue from customers in Hong Kong and other jurisdictions accounted for about 25.8% of the total revenue.

For the year ended 31 December 2012, 2013 and 2014 and the six months ended 30 June 2015, the Group's income was HK $288.80 million, HK $314.44 million, HK $328.05 million and HK $148.70 million respectively. During the same period, the Group recorded profits of HK $33.37 million, HK $63.28 million, HK $42.02 million and HK $16.34 million respectively.

The proposed use of the proceeds assumes that the over-allotment option has not been exercised, and the net proceeds from the share offer are estimated to be approximately HK $121.5 at the issue price of HK $1.00 per share. The Board intends to use the net proceeds for the following purposes: