Business summary
Liangqing Holdings is a medical aesthetic service provider in Hong Kong and operates two medical aesthetic centers providing non-surgical aesthetic services in the prime locations of Causeway Bay and Tsim Sha Tsui under the group's “per Face” brand. The Group is committed to providing customers with a full range of treatment solutions to help them maintain and improve their skin condition and appearance through non-surgical aesthetic services, traditional beauty services and the sale of skin care products. The group's non-surgical aesthetic services can be broadly divided into energy instrument treatments and minimally invasive treatments. Also, all of the Group's customers are individual retail customers.
Competitive advantage
Excellent track record and high brand recognition in the medical aesthetic services industry
A qualified professional team composed of doctors and well-trained therapists
The Group's supply of comprehensive medical aesthetic solutions enhances the customer experience, promotes cross-selling and helps retain customers and expand the customer base
Risk Factors
Any failure to maintain the Group's reputation may have a significant adverse effect on the Group's operating results and prospects
The Group's physicians, trained therapists and sales advisors may face investigations, claims, or legal actions relating to professional misconduct or negligence, which may cause the Group to incur high liabilities and damage the Group's reputation
The group may not be able to retain the services of the group's existing doctors or attract suitable registered doctors to join the group
Use of proceeds
Approximately 63.4% will be used to establish three new medical aesthetic centers
Approximately 9.6% were used to purchase eight sets of current treatment equipment and treatment consumables
About 8.0% were used as decoration groups for Causeway Bay Centre and Tsim Sha Tsui Centre
Approximately 8.0% is used as a brand that actively promotes the group
Approximately 2.0% is used as a business management system for upgrade groups
Approximately 9.0% is used as general working capital