TAT HONG EQUIPMENT SERVICE CO., LTD. SUCCESSFULLY LISTED ON HKEX
Latest Update:
13 th January, 2021

January 13, 2021 -- Tat Hong Equipment Service Co., Ltd. (the "Company", collectively referred to as the "Group" or "TAT HONG Equipment" stock code: 2153.HK), a Chinese tower crane service provider, was officially listed on the Main board of the Stock Exchange of Hong Kong Limited (" THE Stock Exchange of Hong Kong ") this morning.

Tat Hong Equipment is the first foreign tower crane service provider established in China. The group is the second largest tower crane service provider in China by 2019 revenue, according to Frost Sullivan. Since 2007, Tat Hong Equipment mainly provides one-stop tower crane solution services including consulting, technical design, commissioning, construction and after-sales service to Chinese premium and first-class EPC contractors. During the track record period, TAT HONG Equipment mainly engaged in EPC projects carried out by customers in the infrastructure, energy, commercial and residential sectors.

With over the years accumulated strong industry professional knowledge, brand reputation, and provide one-stop solution of tower crane service ability, of equipment in China has established the leading position in the market of tower crane service, and maintain a stable, good reputation and loyal customer base, in order to better grasp the opportunity of China's construction industry. With a strong brand, a large crane fleet, a perfect safety management system, rigorous lifting scheme design, and a strong performance of operation, Tat Hong Equipment  is stepping into a strong long-term growth track, development prospects are worth looking forward to.

Mr. Joseph Yau, executive Director and Chief Executive Officer of Tat Hong Equipment Service Co., Ltd. *, said, "The listing of TAT HONG equipment on the Main board of the Hong Kong Stock Exchange is an important milestone in the development of the company. We are very grateful to the investors for their support and interest in TAT HONG Equipment. The Hong Kong listing not only gives the company access to international capital markets, but also provides sufficient funds for the company's long-term development, enabling us to grasp and seize the opportunities of industry development. We are very honored to receive the support and love of the majority of investors. With our leading market position and our own competitive advantage, Tat Hong equipment will seize the good opportunity to explore new business opportunities and markets. In the future, we will continue to maintain and consolidate our long-standing and well-established customer relationships, and gradually expand into overseas markets through China's Belt and Road Initiative. At the same time, we will continue to focus on the expansion of the large and medium-sized tower crane fleet and talent recruitment to seize future growth opportunities through business alignment with government initiatives."

Latest Update:
13 th January, 2021