US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Xunfei Healthcare
02506.HK
Application Software 82.8 50 N/A 2024/12/23 Data is not available 2024/12/30
InnoScience
02577.HK
Semiconductors & Semiconductor Equipment 30.86-33.66 100 3,400 2024/12/23 Data is not available 2024/12/30
HealthyWay
02587.HK
Health Care Services 7.8-8.8 500 4,444 2024/12/23 Data is not available 2024/12/30
Summary
We are the first foreign-owned tower crane service provider established in the PRC. According to Frost & Sullivan, the tower crane service market in the PRC is extremely fragmented with the top five players only accounted for the market share of approximately 4% in terms of revenue in 2019 whereas we accounted for approximately 0.7%. Since 2007, we have established ourselves as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. During the Track Record Period, we had mainly engaged in EPC projects in infrastructure, energy, commercial and residential sectors conducted by our customers. Guided by our core values, which are “Virtue (厚德), Safety (安全) and Excellence (卓越)”, we have successfully established our market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC.

We are well-recognised in the industry and have built a strong reputation in our awareness to workers' safety, service quality and technical strength. We possess Class A Certificate for Erection, Modification and Maintenance of Special Type Equipment (特種設備安裝改造維修 許可證(起重機械A級)) granted by the Jiangsu Quality and Technology Supervisory Bureau (江 蘇省質量技術監督局) and Construction Enterprise Qualification Certificate (建築業企業資質證書) with qualification category and grade of Class One Lifting Equipment Erection and Project Outsourcing (起重設備安裝工程專業承包一級) issued by the Jiangsu Housing and Urban Rural Construction Department (江蘇省住房和城鄉建設廳) for conducting tower crane service business in the PRC. As at the Latest Practicable Date, we possessed 41 registered patents for utility models and inventions relating to tower cranes. Over the years, we have taken part in and witnessed the completion of various large-scale landmark projects, including the Beijing CITIC Bank IT Research and Development Centre (北京市中信銀行信息技術研發 基地), the man-made island of the Hong Kong-Zhuhai-Macau Bridge (港珠澳大橋島隧工程東 人工島項目), the expansion of halls and construction of steel structures of subway stations of the Phase Three of the Shanghai Pudong International Airport (上海浦東國際機場三期擴建工 程衛星廳及捷運車站鋼結構工程), the Beijing Daxing International Airport (北京大興新機場) and the Shanxi Niucun Wenchi Coal and Electricity Power Plant (山西牛村鎮溫池村盂縣電廠).

We have also received numerous awards and recognition from our customers, forum and government authorities, such as, China Top 20 Tower Crane Rental Company (中國塔機租賃 商20強) issued by the Organising Committee of World Tower Crane Summit & China Tower Crane Rental 100 Forum (全球塔式起重機峰會暨中國塔機租賃商百強大會組委會) and China Construction Machinery Magazine (中國工程機械雜誌) in 2020, the Certificate of Enterprise Credit Grade AAA (企業信用等級證書AAA級) issued by the China Construction Industry Association (中國建築業協會) in 2019, and the 2018 Annual Safety Production Advance Enterprise Award (2018年度安全工作先進企業) issued in January 2019 by the Shanghai Development Safety Association for Construction Safety (上海市建設安全協會建築設施安全 分會).

We first established our business presence in the PRC in 2007 by entering the eastern China market. Throughout the years, we have gradually expanded into more regional markets and established our operational presence across the PRC. Nevertheless, our revenue during the Track Record Period was primarily generated from our projects located in the eastern China region.

Source: Tat Hong Equipment (02153) Prospectus (IPO Date : 30/12/2020)
Listing Market MAIN
Industry Construction & Engineering
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders Tat Hong Equipment (China) Pte. Ltd. (73.15%)
Lim Hua Min & Associates (5.55%)
Directors Ng San Tiong (Chairman and Non-Executive Director)
Yau Kok San (Chief Executive Officer and Executive Director)
Lin Han-wei (Chief Operating Officer and Executive Director)
Sun Zhaolin (Non-Executive Director)
Liu Xin (Non-Executive Director)
Guo Jinjun (Non-Executive Director)
Huang Chao-Jen (Independent Non-Executive Director)
Pan I-Shan (Independent Non-Executive Director)
Wan Kum Tho (Independent Non-Executive Director)
Company Secretary Oh Sim Yee
Principal Bankers Standard Chartered Bank (Hong Kong) Ltd.
OCBC Wing Hang Bank Limited
China Merchants Bank
Bank of China (Hong Kong) Limited
United Overseas Bank Limited
Solicitors TC & Co.
Auditors RSM Nelson Wheeler
Registered Office 40th Floor, Dah Sing Financial Centre, 248 Queen’s Road East, Wanchai, Hong Kong
Share Registrars Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No (852) 2980-1333
Internet Address http://www.tathongchina.com
Email Address project.straits2.thchina@tathongchina.com
Tel No (852) 3150-6788
Fax No (852) 3150-6728
 
SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 6 January 2023.