About ROYAL DELUXE Company

We are a major subcontractor engaged in the provision of plate mold erection and related ancillary services in Hong Kong. According to the Ipsos report, the Group accounted for about 9.8% of the total market share of the Hong Kong industry in the financial year ended March 31, 2016. At that time, the list of registered subcontractors under the board model category included more than 740 subcontractors. In addition to traditional timber board mold erection, we can assemble system board molds, that is, plate molds made of aluminum or steel and used in building construction and civil engineering projects. We have been operating the panel mold engineering business since 1994 and have over 22 years of experience. We are also involved in a number of large-scale construction projects. Through our continuous improvement and improvement of our processes and construction management, we have developed our own building construction and coding processing systems, and have registered patents, which are held by the Group. We actively undertake large-scale plate erection projects for building construction and civil engineering. During the track record period and up to the last practical date, we have completed 8 building construction projects and 3 civil engineering projects, and had 9 building construction projects and 4 civil engineering projects on hand at the last practical date. The total contract amounts were approximately HK$857,400,000 and HK$470,302,000 respectively. Our direct clients are general contractors for building construction and civil engineering projects, and our end customers are project owners, including the government, public transportation operators, theme park and resort operators, and property developers. We strive to maintain good relationships with our major customers to build a good reputation and secure future business opportunities. We are committed to providing professional, reliable, environmentally conscious and safe engineering services and delivering efficient and high-quality projects. We have received several awards from customers and the government during the track record period (including 2016 Model Subcontractor Award—Gold Award) in recognition of our achievements in health, safety and caring performance. We believe our track record and our extensive portfolio of success stories are critical for us to undertake new projects because our clients often consider recent work experience when considering inviting subcontractors to submit offers. We received the project through an intense bidding process.