Loco Hong Kong Holdings Limited

(Hong Kong Exchange Listed: 08162.hk)

About Us


Loco Hong Kong Holdings Limited (the “Loco HK”) is a fully integrated investment holding group incorporated in Hong Kong and based in Hong Kong. It was listed on the Growth Enterprise Market (“GEM”) of the Stock Exchange of Hong Kong in July 2014. Prior to becoming a public listed company in Hong Kong, it was China Precision Material Limited (the “CPM”), which was incorporated in March 2009 with its principal activities of metal trading and silver refining and processing. Since its listing in 2014, Loco HK has continued to grow and develop, with its main business of international metal trading and silver refining and processing in Hong Kong, as well as futures trading for hedging purposes, and import and export of metals and metal industry chain in Hong Kong and Mainland China. Loco HK is one of the few reputable metal traders and processors in Hong Kong with fully integrated processing facilities and the ability to offer a wide range of metal products to international customers. The Group has a diversified and international customer base that includes licensed banks and metal traders in Mainland China, Hong Kong, Singapore, Japan, Taiwan, Australia, the United Kingdom and Dubai. In addition, the Group is also engaged in education management services in Mainland China and provides credit (money lending) services in Hong Kong.

1. Business Description: Mainly engaged in the international trading of metals in Hong Kong and the import and export of metals and metal industry chain in Hong Kong and Mainland China, as well as the provision of education management services in Mainland China and credit (money lending) services in Hong Kong. Details include:
A. Sales of metal ores, metal products, new metal functional materials, high performance non-ferrous metals and alloy materials, non-ferrous metal alloys, metal parts for construction, metal wire and rope and their products, metal matrix composites and ceramic matrix composites, metal forming machine, civil aviation materials, etc.; and precious metal refining and processing, etc.; metal new material technology research and development, metal technology environmental protection and new energy business, technical services and consultation, import and export agency of goods, etc.; sales of non-metallic ores and products, sales of electronic special materials, sales of special equipment for environmental protection; wholesale and retail of jewellery, sales of arts and crafts and ceremonial supplies, exhibition and exhibition services, etc.;
B. Education management services: Mainly provides education management and consulting services to various schools in Mainland China, which started in 2019 and currently has a number of contracted schools;
C. Credit (Money Lending) Services: Mainly operates through its subsidiary, United Worth Finance Limited, which provides credit (money lending) services to eligible enterprises and individuals.

2. Location: Hong Kong
3. Year of incorporation: 2014
4. Main categories: International metal trading business, import and export of metals and metal industry chain, education management services and credit services
5. Main markets: Hong Kong, Mainland China, Taiwan, Japan, Korea and other Asian countries, Europe, North America, South America and Oceania
6. Number of employees: 20 - 80

Directors and Management

Executive Directors

Mr. Zhang Siyuan, aged 36, has been appointed as an executive Director and Chairman of the Board with effect from 21 June 2023. Prior to joining the Group, Mr. Zhang was the general manager of MDH GmbH from 2016 to 2020 and was engaging in Sino-German trade import and export business specializing in metal products, precious metals such as gold, silver and platinum products. In 2020, Mr. Zhang founded Shanghai Chenyisan Information Technology Co., Ltd.*(上海辰以三信息科技有限公司)(“Shanghai Chenyisan”), a company which is principally engaged in the sales of gold, silver and other precious metal products and jewellery. Shanghai Chenyisan is also the distributor of various brands from Canada and the United States, etc. and provides a wide range of high-quality products through online sales platforms and third party e-commerce platform flagship stores. Since 2020, Mr. Zhang has been the chairman of Nantong Canda Supply Chain Management Co., Ltd.*(南通燦達供應鏈管理有限公司), a company which is principally engaged in the cross-border import business of gold, silver and other precious metal products and jewellery and has extensive experience in customs declaration and logistics capabilities in commodity trading, such as iron ore, iron concentrate powder, electrolytic copper, aluminium ingots, chips and integrated circuits. In 2021, Mr. Zhang founded Fias (Hong Kong) Co., Limited in Hong Kong, a company which specializes in the trading and processing of bulk commodities such as iron ore and electrolytic copper and is committed to developing a cleaner and more environmentally friendly metal recycling and processing business in Southeast Asia. Since 2022, Mr. Zhang serves as the limited partner of L Catterton Private Equity Fund Management Company, a member of LVMH. In 2023, Mr. Zhang founded Shanghai Dandelion Logistics Development Co., Ltd.*(上海蒲公英物流發展有限公司)in Shanghai, a company servicing various metal product traders and brand owners in their import and export business in China, Germany and Europe.
Mr. Zhang graduated from The University of Telecommunications Leipzig, Germany, with a bachelor’s degree in telecommunications engineering in 2011.

Mr. Wang Wendong (“Mr. Wang”), aged 54, has been appointed as an executive Director in May 2018 and re-designated as chief executive officer of the Company in October 2018. Mr. Wang was also appointed as the chairman of the board of the Company since January 2019. Mr. Wang has more than 27 years of extensive experience in real economy investment. Since the 1990s, Mr. Wang has served as a group vice president in an international group of companies. Such group has significant footprint in the PRC Mainland and Hong Kong including international trade, farming, education, culture industry, real estate and consumer goods.

Mr. Fung, aged 70, is the Honorary Permanent President of The Chinese Gold & Silver Exchange Society and Director of Fung Chi Kin Consulting Limited. Mr. Fung has over 33 years of experience in banking and finance. Prior to his retirement, he was the Director and Deputy General Manager of Po Sang Bank Limited (merged into Bank of China (Hong Kong) Limited in 2001), Managing Director of BOCI Securities Limited and Chief Administration Officer of BOC International Holdings Limited. From October 1998 to June 2000, Mr. Fung served as a Council Member of the First Legislative Council of the HKSAR. He also held offices in various public organisations and was the Vice Chairman of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”), Director of the Hong Kong Futures Exchange Limited, Director of Hong Kong Securities Clearing Company Limited and Hong Kong Affairs Advisor. Mr. Fung was appointed as an executive director of China Trustful Group Limited (Stock Code: 8265) in March 2019, which he also served as an executive director from September 2014 to May 2017, the shares of which are listed on GEM of the Stock Exchange. Mr. Fung has been an independent non-executive director of Chaoda Modern Agriculture (Holdings) Limited (Stock Code: 682) since September 2003 and Geotech Holdings Ltd. (Stock Code: 1707) since September 2017 respectively. Mr. Fung has also been an independent non-executive director of Kenford Group Holdings Limited (Stock Code: 464) from August 2017 to April 2019. Each of the shares of Chaoda Modern Agriculture (Holdings) Limited, Geotech Holdings Ltd. and Kenford Group Holdings Limited are listed on the Main Board of the Stock Exchange.

Independent non-executive Directors

Mr. Zhou Tianshu (“Mr. Zhou”), aged 46, has been appointed as an independent non-executive Director since September 2018. Mr. Zhou is currently the senior vice president of 深圳雲怡通航科技有 限公司(Shenzhen Yunyi General Aviation Technology Limited*) and was the executive CEO of Skyho Aviation Technology Co., Ltd.. Mr. Zhou received a bachelor’s degree in engineering from Civil Aviation University of China and a master’s degree in law from Wuhan University. Mr. Zhou has over 22 years of experience in enterprise planning, business investment and risk control. Mr. Zhou has worked in a major state-owned aviation enterprise in the PRC Mainland for over 18 years, mainly in enterprise planning and management positions. Mr. Zhou also held management positions in China Aircraft Leasing Group Holdings Limited (Stock Code: 1848) in Hong Kong, which is listed on the Main Board of the Hong Kong Stock Exchange and its subsidiary, Aircraft Recycling International Limited.

Ms. Wong Susan Chui San, aged 45, has been a certified practising accountant of the Australian Society of Certified Practising Accountants and a certified public accountant of the Hong Kong Institute of Certified Public Accountants since May 999 and May 2000, respectively. She is also a member of The Society of Chinese Accountants and Auditors, a fellow and a certified tax adviser of the Taxation Institute of Hong Kong. Ms. Wong has more than 19-year experience in auditing, accounting and taxation. She is the founder of Messrs. C.S. Wong & Co. and the Director of Pan-China (H.K.) CPA Limited. Ms. Wong has been an independent non-executive director of Ban Loong Holdings Limited (Stock Code: 30) which is listed on the Main Board of the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) since October 2014. Ms. Wong is currently the chief financial officer and company secretary of Astrum Financial Holdings Limited (Stock Code: 8333) which is listed on GEM of the Stock Exchange. Ms. Wong resigned as the company secretary of Yin He Holdings Limited (formerly known as Zebra Strategic Holdings Limited) (Stock Code: 8260) on 31 August 2015 which is listed on GEM of the Stock Exchange and resigned as the company secretary of Grand Investment International Limited (Stock Code: 1160) which is listed on the Main Board of the Stock Exchange on 16 June 2017.

Ms. Wu Liyan was appointed as an independent non-executive Director on 29 September 2018. Ms. Wu is currently the marketing director of Pacific International Securities Limited. Ms. Wu received a bachelor’s degree in science from University of Minnesota and a master’s degree in science from New York University. Ms. Wu has more than 9 years of marketing and business development experiences in renowned investment management companies.

Investor Relations


Announcements

Circulars

Financial Reports

Circulars


Release TimeDocument
24/05/2023 16:31 Circulars - [Re-election or Appointment of Director subject to Shareholders' Approval / General Mandate / Explanatory Statement for Repurchase of Shares]
NOTICE OF ANNUAL GENERAL MEETING AND PROPOSALS FOR RE-ELECTION OF DIRECTORS AND GENERAL MANDATES TO BUY BACK SHARES AND TO ISSUE SHARES(237KB)
13/05/2022 16:34 Circulars - [Re-election or Appointment of Director subject to Shareholders' Approval / General Mandate / Explanatory Statement for Repurchase of Shares]
NOTICE OF ANNUAL GENERAL MEETING AND PROPOSALS FOR RE-ELECTION OF DIRECTORS, AND GENERAL MANDATES TO BUY BACK SHARES AND TO ISSUE SHARES(285KB)
14/05/2021 16:39 Circulars - [Re-election or Appointment of Director subject to Shareholders' Approval / General Mandate / Explanatory Statement for Repurchase of Shares]
NOTICE OF ANNUAL GENERAL MEETING AND PROPOSALS FOR RE-ELECTION OF DIRECTORS, AND GENERAL MANDATES TO BUY BACK SHARES AND TO ISSUE SHARES(240KB)
25/05/2020 16:30 Circulars - [General Mandate / Explanatory Statement for Repurchase of Shares / Re-election or Appointment of Director subject to Shareholders' Approval / Share Option Scheme]
GENERAL MANDATES TO ISSUE AND BUY BACK SHARES, RE-ELECTION OF DIRECTORS REFRESHMENT OF SHARE OPTION SCHEME MANDATE LIMIT AND NOTICE OF AGM(324KB)
20/05/2019 22:12 Circulars - [Re-election or Appointment of Director subject to Shareholders' Approval / General Mandate / Explanatory Statement for Repurchase of Shares]
GENERAL MANDATES TO ISSUE AND BUY BACK SHARES, RE-ELECTION OF DIRECTORS AND NOTICE OF AGM(312KB, PDF)
28/03/2018 17:25 Circulars - [Re-election or Appointment of Director subject to Shareholders' Approval / General Mandate / Explanatory Statement for Repurchase of Shares]
GENERAL MANDATES TO ISSUE AND BUY BACK SHARES, RE-ELECTION OF DIRECTORS AND NOTICE OF AGM(301KB, PDF)
30/03/2017 17:12 Circulars - [Re-election or Appointment of Director subject to Shareholders' Approval / General Mandate / Explanatory Statement for Repurchase of Shares]
GENERAL MANDATES TO ISSUE AND BUY BACK SHARES, RE-ELECTION OF DIRECTOR AND NOTICE OF AGM(317KB, PDF)
30/03/2016 [Proxy Form]
FORM OF PROXY FOR THE ANNUAL GENERAL MEETING TO BE HELD ON FRIDAY, 24 JUNE 2016 AT 4 P.M.(PDF)
26/03/2015 [Proxy Form]
FORM OF PROXY FOR THE ANNUAL GENERAL MEETING TO BE HELD ON THURSDAY, 18 JUNE 2015 AT 4 P.M.(PDF)

Contact Us


Loco Hong Kong Holdings Limited

Unit 401, 4/F., Fairmont House, 8 Cotton Tree Drive, Admiralty, Hong Kong

(852) 2203 0999

(852) 2205 0099