Division Group intends to go public to the main board of Hong Kong, and it is expected to issue 156 million shares

On September 13, 2022, according to the company's announcement, the Digital Group Holdings Co., Ltd. (hereinafter referred to as: Catal HKSAC) plans to be listed on the main board of Hong Kong, and the sponsorship institution is Chuangsheng Financing Co., Ltd. Earlier, the company handed over the table on June 28, 2022. This IPO is expected to issue 156 million shares, of which 15.6250 million shares were available in Hong Kong, 141 million shares were available in international offerings, and 23.435 million shares were extended.

The issue price range is 0.80 to 0.86 per share. The listing date is expected to be on September 26, 2022, 5,000 per hand.

In terms of funds, about 55.3%of them will be used to expand the company's distribution business; about 20.4%will be used to expand the company's system integration solution industry; about 7.7%will be used to set up new centralized service departments Support services (including providing all -weather technical support, detection and response support services); about 4.4%will be used to upgrade the company's equipment, software, hardware and ERP systems to support the company's business expansion; about 2.0%will be used to increase Marketing intensity and enhance brand awareness; about 10.2%will be used as general operating funds.

Duke Group Holdings Co., Ltd. was established on July 24, 2020. The company is a supplier of information technology solutions established in Hong Kong. It is mainly engaged in distribution information technology products in Hong Kong and providing system integration solutions in Hong Kong, China and Macau. In the value chain of the information technology industry, the company (i) operates distribution business as an authorized distributor to purchase information technology products from information technology product manufacturers and re -distribute it to downstream dealers; Integrated solution suppliers purchase information technology products from the authorized distributor, and integrate into a customized system integration solution and then resale to end users. Due to the different nature of the two business segments, the company operates the distribution business and system integration solution business through two different business numbers (that is, Tritech and Multisoft).

According to the IPSOS report, there are about 2,000 system integration solutions suppliers in the Hong Kong information technology industry, and only less than ten companies operate through the business model of system integration solutions and distribution business through system integration solutions. After considering the synergy and interests of the group, IPSOS believes that the company's business model is rare and unique, which is essentially different from the traditional system integration model or traditional distribution model adopted by most market participants in the information technology industry in Hong Kong. The company is deeply proud of the business model covering the distribution business and system integration solution business. This model allows the company to grasp the business opportunities of the information technology industry's entire value chain and stand out among competitors.

As of the fiscal year of 2020, 2021, and 2022, the company's revenue was 332 million, 387 million, and HK $ 632 million, and net profit was 26.109 million, 24.776 million, and 47.258 million Hong Kong dollars.

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