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| Stock Code:8066 | |
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Phoenitron Holdings Limited (“Phoenitron” or the “Company”, and together with its subsidiaries, the “Group”) was listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited in December 2001 and was formerly known as “Cardlink Technology Group Limited”. On 28 July 2010, the Company was renamed to the present-day name in order to reflect the expansion and diversification of the Company’s business. The stock trades under the stock code 8066. The principal activities of the Group are the manufacturing and sales of smart cards and plastic cards, and the provision of customized smart card application systems. Being a world leading one-stop smart card solution provider, the Group is 100 percent vertically integrated, offering everything from smart card applications through to hardware, support and in particular smart cards. Phoenitron can manufacture more than 30 million smart cards every month under the current capacity. The production bases of the Group are located in Beijing and Shenzhen, China, our factories occupy a total area of over 6,300 square meters packed with state-of-the-art manufacturing equipment and machinery and a labor force of more than 600 employees. We provide advanced equipment, severe product management system, well-supported after-sales services and a large team of high-tech elites with years of experience in management and technical development in the industry and well-teamed workers. Stable quality and reasonable price help us enjoy high reputation from our customers all over the world and China. To seek for new business opportunities which offer good earnings and growth potential and to strengthen the Group’s existing investment portfolio, Fine Wise, an indirectly wholly-owned subsidiary of the Company, has invested in Hota (USA) Holding Corp. (“Hota (USA)”) through a series of subscription. Hota (USA) is an investments holding company incorporated in the United States of America on 14 June 2006, the principal assets of which is its equity holdings in the entire issued share capital in the PRC Company, HOTA Auto Recycling Corp.(“HARC”). HARC, a wholly-owned subsidiary of Hota (USA), is established under the laws of the PRC on 30 October 2007, and is principally engaged in the business of disintegration of used automobiles and sale of metal derived from automobiles. As the resources of the Earth has been becoming more and more limited and the public awareness of environmental protection deepens, the principle business of Hota Group, which focuses on recycling, re-using and utilizing the Earth’s resources more effectively, is likely to prosper in the future. The Hota Group aims to become to the largest company in the business of disintegration of used automobiles and sale of scrap metals in Asia, and the largest B2B supplier of used parts of second-handed automobiles in the world. Presently, Hota Group is treated as a jointly controlled entity of the Company. For more information about the business of Hota Group, please click here. |
