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恒发光学控股有限公司(01134.HK)

Hengfa Optical Holdings Limited (01134.HK)

長雄證券 ·  Jul 3, 2019 00:00  · Researches

Summary of duties

Established in 1986, Jichang is a famous manufacturer of eyewear in China and Hong Kong, mainly through ODM and OEM service models to produce and sell multi-optical eye frames and too many eyes. The integration and customization services provided by the collection company include product design and development, raw material purchasing, production, quantity control, packaging and delivery. The collection products can be classified as (I) optical eye frames; and (ii) are too eye-catching and will also be sold to customers at the request of customers. In the previous period, a total of more than 3200 optical eye shelves and a wide range of products were assembled. The market produces consumer products under the brand name specified by customers and sells them to 36 countries, including, but not limited to, Holland, Italy, the United Kingdom and the United States. In terms of trade value, the collection covers all the top ten optical eye importing countries in the world in 2018. In particular, for the years ended December 31, 2016, 2017 and 2018, sales to Asia accounted for more than 65% of the total revenue.

Thank you very much.

There are stable and deep-rooted customer bases in many countries.

We have a strong ability to design and develop eye products.

It is perfect in terms of workmanship and quantity of eye products.

Negative factor

Focus on the focus on the five major customers

And expand the well-known brand name, rely on the ability of customers to buy and sell their products

Business statements and trading may be adversely affected by trade protectionism and global trade policies.

The purpose of the income

About 54.0% is used to increase production capacity.

About 15.5% is used for repayment.

About 11.0% is used to promote corporate image and brand building.

About 9.0% is used to improve design and development capacity.

About 4.5% is used to improve the volume guarantee capacity.

About 6.0% is used for general investment funds.

The translation is provided by third-party software.


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