According to the Hong Kong Stock Exchange's disclosure on June 28th, Rongli Construction Holdings Limited has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Tongren Financing Limited as its exclusive sponsor.

The prospectus shows that Rongli Construction Holdings Limited is a large-scale Hong Kong-based contractor engaged in civil and mechanical and electrical engineering as well as renewable energy engineering. The company's civil engineering focuses on land leveling projects and road and canal engineering, while the company's mechanical and electrical engineering focuses on cable excavation, laying, and connection engineering. As for the renewable energy engineering, the company focuses on CECEP solar energy projects. In addition, in a few of the projects that the company is involved in, the company temporarily leases machinery and buys building materials from contractors and subcontractors.

The company's land leveling engineering typically includes earthworks, excavation engineering, and steel structure installation. The company's road and canal engineering mainly involves the construction and renovation of roads, lanes, and sidewalks, the construction of covered pedestrian walkways, the renovation of tunnels and pedestrian overpasses, the provision of smooth traffic facilities for pedestrian overpasses, elevated pedestrian paths, and tunnels, the construction of drainage systems, sand wells, cable trenches, and the installation of water mains and sewage pipes.

The company's mechanical and electrical engineering typically involves cable excavation, laying, and connection, and involves excavation, repair, and miscellaneous construction (such as concrete pouring) engineering, traffic impact assessment, and emergency and cable fault repairs. According to industry reports, the company is Hong Kong's largest cable and civil pipeline installation subcontractor in 2023, with a market share of approximately 13.6% based on the company's revenue for the 2023/24 fiscal year. Since 2019, the company has also carried out CECEP solar photovoltaic system design, installation, and maintenance under the renewable energy department.

During the reporting period, the company's various divisions participated in several major infrastructure projects in Hong Kong. For example:

(i) As for the company's land leveling engineering, the company is one of the subcontractors involved in the construction of the third runway infrastructure project at the Hong Kong International Airport.

(ii) As for the company's road and canal engineering, the company is the general contractor for the government department's Mei Wo rural sewage collection project, with a contract amount of approximately HKD 99.1 million;

(iii) As for the company's mechanical and electrical engineering, the company directly signed a contract with China Electric Power Group (a group company providing electricity to more than 80% of Hong Kong's population) to provide zone cable excavation, laying, and connection engineering and emergency and cable fault repairs under the general agreement A, covering the Sham Shui Po and Wong Tai Sin areas. The company is also a subcontractor of Kingcity Construction (one of China Electric Power Group's general contractors), providing zone cable excavation, laying, and connection engineering as well as emergency and cable fault repairs under the general agreement B, covering the Tsuen Wan area.

In terms of financials, for the years ended March 31, 2022, 2023, and 2024, the company's revenue was approximately HKD 520 million, HKD 361 million, and HKD 526 million, respectively, and the company's annual profits for the same period were approximately HKD 59.055 million, HKD 40.565 million and HKD 76.907 million, respectively.