Business Overview Financial Summary
Global Printing House Holdings is mainly engaged in providing printing services to Hong Kong customers. It has a business history of over 16 years and operates 22 stores in Hong Kong. Customers can obtain the group's service materials, submit designs, place orders, make payments, and receive their printing products from employees. The Group's printing services are offset printing, inkjet printing and primary color digital printing. The main printing products are commercial printing-related products, including (including) stationery, advertisements, periodicals, and handbooks, and handbooks, users and handbooks Catalogue, as well as the main production sites and warehouse, are located in the Kwun Tong area of Hong Kong.
Competitive advantage
The group has a complete and extensive network of stores
The group is equipped with technologically advanced production equipment
The Group has established strong and close relationships with major suppliers and subcontractors
Risk Factors
The Group does not enter into any long-term contracts with customers, and sales are determined only by customer needs
There is a risk that raw material procurement costs and labor costs will fluctuate in the group's business
Relying on external contractors as printing service providers, and their failure to meet the Group's requirements may have significant adverse effects on business and reputation
Use of proceeds
Approximately 44.5% was used to pay part of the purchase price of a five-color offset press
Approximately 43.7% was used to pay part of the purchase price of a hybrid printer
Approximately 8.1% was used to fund the expansion of the store network and the establishment of seven additional stores
Approximately 3.7% is used to upgrade information technology systems