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Public company info - Zhaobangji Lifestyle Holdings Limited , 01660.HK
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Zhaobangji Lifestyle Holdings Limited, 01660.HK - Company Profile
Chairman Xu Chujia
Share Issued (share) 6,195,000,000
Par Currency Hong Kong Dollar
Par Value 0.002
Industry Machinery & Equipment
Corporate Profile Business Summary: The Group is principally engaged in trading of machinery and spare parts, leasing of machinery and the provision of related services, provision of transportation services in Hong Kong and the provision of property management services, leasing of machinery and property leasing and subletting in the People’s Republic of China (“PRC”). Performance for the year: The Group’stotal revenue increased by approximately HK$34.9 million, or 15.9%, from approximately HK$219.7 million for the Previous Year to approximately HK$254.6 million for the Year. Business Review: Leasing of construction machinery The Group’sGroup’s revenue generated from leasing of construction machinery recorded an increase by approximately HK$9.2 million, or approximately 9.5%, from approximately HK$97.0 million for the Previous Year to approximately HK$106.2 million for the Year. Such increase was mainly due to the business expansion in Shenzhen. Trading of construction machinery The Group’sGroup’s revenue generated from trading of construction machinery recorded a decrease by approximately HK$11.0 million, or approximately 16.5%, from approximately HK$66.8 million for the Previous Year to approximately HK$55.8 million for the Year. Such decrease was mainly attributable to the decrease in demand of construction machinery in the industry. Transportation services The Group’sGroup’s revenue generated from transportation services increased by approximately HK$1.5 million, or 8.4%, from approximately HK$17.9 million for the Previous Year to approximately HK$19.4 million for the Year, as demand from customer increased. Property management services The Group’sGroup’s revenue generated from property management services increased by approximately HK$32.9 million, or 138.8%, from approximately HK$23.7 million for the Previous Year to approximately HK$56.6 million for the Year, as the Group’sGroup began to expand into the property management segment in September 2018 and continued to record revenue for the Year. Property leasing and subletting services The Group’sGroup’s revenue generated from property leasing and subletting increased by approximately HK$2.2 million, or 15.3%, from approximately HK$14.4 million for the Previous Year to approximately HK$16.6 million for the Year, as the Group’sGroup began to expand into the property leasing and subletting segment in July 2018 and continued to record revenue for the Year. Prospects: The Group does not have any plan to terminate or dispose of its existing business and/or major operating assets. The Board will remain very vigilant in view of the ongoing China-US trade war and recent global economic downturn, and it will continue to explore potential business opportunities to bring long term value to the shareholders.

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