Hong Kong Entertainment International Holdings Limited
(Formerly known as Wan Cheng Metal Packaging Company Limited)
(Incorporated in the Cayman Islands with limited liability)

Corporate Profile

We are a manufacturer of tinplate packaging products based in Guangdong Province, the PRC. Our major products are tin cans and steel pails, which are generally used for storing paint and coatings. We commenced commercial production of our tin cans and steel pails in 1997 and 1998, respectively.

During the Track Record Period, we derived our revenue principally from the sale of tinplate packaging products in the PRC. We also traded in raw materials and parts for our tinplate packaging products. Our customer base during the Track Record Period mainly comprised paint and coatings suppliers and other manufacturers of packaging products. All of our five largest customers are located in Guangdong Province.

We own and operate a factory located in Foshan, Guangdong Province, the PRC, with a site area of approximately 35,936.2 sq.m..Our Foshan Factory has 18 production lines, of which 1~6 and two are utilised for the production of tin cans~ and steel pails, respectively. As at the Latest Practicable Date, we had [286] employees.

Tinplate coil is our major raw material. Our production also requires other ancillary materials and supplies, such as PVC handles and can caps, steel handles and copper wires. During the Track Record Period, we sourced our raw materials from various suppliers in the PRC. During the Track Record Period, we outsourced certain production processes of our tinplate packaging products, including (i) tinplate printing; (ii) tinplate laminating; and (iii) tinplate scroll-cutting to our subcontractors.

updated 7th August, 2023

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