Summary of duties

Yusheng is a financial service provider that provides enterprise marketing services and property management services. In the past period, the corporate financial services provided by Yushan mainly included: providing financial services for listed developers, and long-term employment services for listed developers. In each of the three years ended December 31, 2018, the revenue generated by financial services accounted for 68.7%, 69.9% and 68.4% of Yuyang's total income, respectively. During the previous employment period, Yucheng only provided property management services to new workers. In each of the three years ended December 31, 2018, the income generated by Yushan property management services accounted for 29.0%, 28.8% and 29.9% of Yushan's total income, respectively. The director-designate (designate) informed that Yucheng did not actively engage in self-management after the completion of the collection.

Thank you very much.

Service maturity

An expert with rich experience

Close and stable relationship with customers

Negative factor

The income of Yucheng enterprise financing service is based on the item-by-item basis and is non-routine.

A significant portion of Yusheng's income comes from its property management services, while there is only one customer under the service.

Delaying or suspending the transaction may have an adverse effect on Yucheng's duty statement.

Future planning

The directors-designate believe that the continued growth of the Hong Kong stock market is due to the steady growth in the number of listed companies in Hong Kong and the expectation that there will be more financial opportunities in the financial services industry. We will strive to keep abreast of the growth of the stock market and continue to participate in the financing industry as a Hong Kong live wage service provider through providing the highest standard of service.