Business summary

DCB Holdings operates in Hong Kong to provide decoration and refurbishment services to clients in the private sector. During the track record period, customers include (i) real estate developers, some (or their holding companies) listed on the Stock Exchange, (ii) the chief contractor or direct contractor of decoration and renovation projects, and (iii) property owners or tenants. The repair and renovation services mainly include interior decoration and renovation services for different types of places in the Hong Kong private sector.

Competitive advantage

The Group establishes stable relationships with major clients including real estate developers

Cooperate with experienced and competent subcontractors and reliable suppliers of materials

The Group can effectively and efficiently manage project risk factors within clients' deadlines

The Group relies on a number of major customers with no long-term commitment

Renovation and renovation projects and non-regular projects depend on the group winning bids and successful quotations

Due to the failure to accurately estimate time and control costs, the Group may incur the use of overspent proceeds that cannot be recovered from customers

Approximately 54.7% was used to expand the group's renovation and refurbishment industry

business

Approximately 18.3% was used to further expand the internal team and enhance the ability to handle future business opportunities

Approximately 17.3% was used to repay bank loans and reduce the group's capital to debt ratio

Approximately 9.7% is used for general working capital