Hong Kong IPO disclosure precedents · 4 companies, 4 items
During the Track Record Period, substantially all of our LPG was sourced from overseas suppliers.
Business · p. 149
In 2025, propane and butane accounted for approximately 19.9% and 21.1% of our total costs of sales, respectively.
Business · p. 153
The company's explanation, the adviser's view and the page in the filing: see MattersFor instance, we strategically shifted our procurement focus to North America and other markets.
Business · p. 154
While most of the chips that we procured and utilized were imported, some being of U.S. origin, to the best knowledge of our Directors, they are not subject to U.S. export controls restrictions because those chips should be classified as EAR99.
Business · p. 274
The company's explanation, the adviser's view and the page in the filing: see MattersConsidering that (i) we have identified domestic alternatives for the chips that we used on our HUD solutions; and (ii) we plan to increase the proportion of domestically sourced chips in future solution iterations, our Directors are of the view that our HUD solutions do not have a material reliance on imported chips.
Business · p. 274
For FY2021, FY2022, FY2023 and 6M2024, the procurement from our five largest suppliers amounted to RMB1.6 million, RMB1.0 million, RMB0.9 million and RMB0.9 million, respectively, representing 90.5%, 80.0%, 61.9% and 78.1% of our total purchases for the same periods respectively.
Summary · p. 7
Purchases from our largest suppliers or subcontractors accounted for 37.6%, 41.0%, 31.8% and 23.8% of our total purchases, respectively, for each of FY2021, FY2022, FY2023 and 6M2024, and purchases from our five largest suppliers or subcontractors for each of FY2021, FY2022, FY2023 and 6M2024 accounted for 90.5%, 80.0%, 61.9% and 78.1% of our total purchases, respectively.
Business · p. 221
The company's explanation, the adviser's view and the page in the filing: see MattersWe have not entered into any long term supply agreements with our suppliers, as we consider that our comprehensive list of approved suppliers already assures a reasonably diversified base of reliable suppliers which offer competitive prices.
Business · p. 220
Based on our management account and as measure by purchase price, in 2021 and 2022, the raw materials from overseas suppliers accounted for approximately 50.6% and 42.1% of our total raw materials, respectively.
Business · p. 314
The price of raw material sourced from overseas and their delivery time increased due to the outbreak of COVID-19.
Business · p. 314
The company's explanation, the adviser's view and the page in the filing: see MattersHowever, we have not experienced any shortage or delays in the supply of raw materials during the Track Record Period, and the increasing price of raw materials sourced from overseas has little impact on our costs as (i) the amount of raw materials used in the research and development stage is small, and (ii) our overseas suppliers, most of which are domestic agents, have cooperated with us for many years, with stable supply of goods and reasonable prices, and (iii) there are more alternative raw materials with the same quality available in China, which reduces the proportion of raw materials sourced from overseas to a certain extent.
Business · p. 314