We are a retailer and supplier of overseas manufactured tiles in Hong Kong, specialising in high-end European imported porcelain, ceramic and mosaic tiles. According to Ipsos Limited, an industry research consultant, we were the largest player in the overseas manufactured tile retailing industry in Hong Kong in 2017 in terms of revenue, with an approximately 27.2% market share and we operated the largest number of retail shops for overseas manufactured tiles and carried the largest number of overseas brands of tile products as of August 2018 in Hong Kong.
As a testament of our success, we were awarded the Ceramica Distributor Award 2015 in September 2015 by Confindustria Ceramica, which is a highly recognised association of Italian ceramic tile and refractory material manufacturers. According to Ipsos, we were one of the few tile retailers/distributors in Asia-Pacific region being awarded with such honourable award, based on an assessment of a number of criteria, including history of the company, competence and degree of professionalism over the years and investments made for promoting Italian ceramic tiles.
Going forward, the Group will focus its business direction on new energy businesses, sale of building materials and property investment.
The new energy business mainly involves in 1) new energy materials - trading and installation of solar panels; and 2) energy storage units - supply and distribution of battery energy storage units.
The building materials business includes the sale of building materials and bathroom fixtures products through retail or non-retail channels.