We are mainly engaged in the subcontracting business of masonry works in Hong Kong. We have over 35 years of experience undertaking masonry projects in Hong Kong. Our services are mainly provided by the subsidiary Zhenyuan Masonry Engineering Co., Ltd., and the scope of services includes: tile paving, brickwork, lamination, floor paving and marble engineering. We are generally invited by the chief contractor to submit bids and obtain projects through a competitive process. Our direct customer is the general contractor for several building construction projects in Hong Kong. The Group provides masonry engineering services to the private sector (various building construction projects including residential, community facilities and commercial development projects) and the public sector (including public housing and hospital development projects). Most of my revenue comes from private sector projects, which accounted for approximately 88.0% and 90.5% of turnover for the two years ended March 31, 2016 and March 31, 2017, respectively. Public sector projects, on the other hand, accounted for about 12.0% and 9.5%.
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