| With over 20 years of experience in civil engineering industry, we are a leading slope
works contractor in Hong Kong. We principally undertake slope works as main contractor
and also undertake ground investigation field works as subcontractor. To a lesser extent, we
also undertake slope works as subcontractor and ground investigation field works for road
works contracts and building development projects as main contractor. According to the
Ipsos Report, based on our slope works revenue in 2016 of approximately HK$328.7
million, we (i) ranked first among the slope works contractors in Hong Kong; and (ii)
accounted for a market share of approximately 20.9% of the Hong Kong slope works
industry in 2016. The total revenue of the slope works industry in Hong Kong accounted for
approximately 2.3% of the total revenue of the civil engineering industry in Hong Kong in
2016.
Geotech Engineering, our principal operating subsidiary, is an approved specialist
contractor included in the List of Approved Specialist Contractors for Public Works
maintained by the Development Bureau under the categories of “Landslip preventive/
remedial works to slopes/retaining walls” (confirmed status) and “Ground investigation field
work” (Group I status). It is also an approved contractor included in the List of Approved
Contractors for Public Works under the category of “Site formation” (Group B probationary
status). We are also registered as specialist contractor in the categories of site formation
works and ground investigation field works with the Building Authority. |