Concentration but low cost share

Hong Kong IPO disclosure precedents · 1 companies, 1 items

Supplier concentration is high but the relevant purchases represent only a small portion of cost of sales, relied on to downplay the reliance risk.

2026-09-14Prospectus
Shenzhen Forms Syntron Information Co., Ltd.深圳四方精创资讯股份有限公司06700.HK

In each year and period during the Track Record Period, our purchases from our five largest suppliers accounted for 83.1%, 82.6%, 84.0% and 100% of our total purchases in each year and period in 2023, 2024, 2025 and the three months ended March 31, 2026, respectively, while our purchase from the largest supplier accounted for 39.6%, 44.8%, 57.9% and 49.4% of our total purchases, respectively, for the same periods.

Business · p. 163

Due to our business nature, our purchases from suppliers were a relatively small portion of our cost of sales.

Summary · p. 7

Our Directors are of the view that our business operations are not materially dependent on any single supplier and that any cessation or reduction of supply by an existing supplier would not materially and adversely affect our business operations.

Business · p. 163
The company's explanation, the adviser's view and the page in the filing: see Matters

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