Strategic Cooperation with Kerry Logistics To Capture Opportunities along the “Belt and Road”


D&G Technology Holding Company Limited (“D&G Technology” or the “Group”; Stock code: 1301.HK), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, is pleased to announce that on 4 May 2018, the Group entered into an investment agreement with Kerry Logistics Network Limited (“Kerry Logistics”; stock code: 636.HK), which agreed to transfer approximately 28.57% of Topp Financial Leasing (Shanghai) Co., Ltd (“Target Company”), an indirect wholly-owned subsidiary of the Group ("Target Company") to Kerry Logistics in consideration for a cash payment of RMB1.37million and the assumption by Kerry Logistics of the obligation to contribute the registered capital attributable to such 28.57% equity interests in the amount of RMB20 million (the “Transfer”). In addition, Kerry Logistics agreed to increase the total amount of registered capital of the Target Company by RMB80 million (divided into two traches of RMB30 million and RMB50 million, respectively) (the “Subscription”). Upon completion of the Transfer and the Subscription, the Target Company will be held as to approximately 66.67% by Kerry Logistics and will cease to be a subsidiary of the Group.

Ms. Glendy Choi, CEO and Executive Director of the Group, said, “As a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, we strive to expand our projects to countries along the “Belt and Road” by providing one-stop solution including design, manufacturing, sales, technical support, transportation and after-sales services. As a pioneer in the industry, we have our own patented technology to sustain our competitiveness, and also closely monitor the market trend in the favour of environmental protection by launching the nation’s first recycling and high environmental protection configuration asphalt plant and promoting green technology innovation. With our continuous efforts, the Group’s business has been expanding rapidly to the “Belt and Road” countries such as Russia, Kazakhstan, UAE, Saudi Arabia, Afghanistan, Turkmenistan, Mongolia, India, Brunei, Thailand, Malaysia, Indonesia etc. Among those, the “China-Pakistan Economic Corridor” construction project we have won earlier has laid a solid foundation for the development of overseas markets.”

Ms. Glendy Choi continued, “Through the strategic cooperation, the Group expects to generate significant business synergy with Kerry Logistics and enhance the development of its operations in the “Belt and Road” countries. Both Kerry Logistics and the Group consider the “Belt and Road” Initiative as an important strategic focus of their respective businesses and have been establishing and expanding their presence in the Belt and Road countries in recent years. Kerry Logistics’ investment in the Target Company will not only strengthen the capital position of the Group in the development of the finance leasing business, but will also serve as a first step for the two parties to further explore collaboration opportunities under the “Belt and Road” initiative. Looking ahead, D&G Technology will continue to pay close attention to potential strategic cooperation and grasp the opportunities brought by the “One Belt and One Road” initiative to further unleash the synergies between businesses and bring greater returns to the shareholders of the company.”

About D&G Technology Holding Company Limited (Stock Code 1301.HK)


D&G Technology is a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China. The Group’s core products include conventional hot-mix asphalt mixing plants and hot-mix asphalt mixing recycling plants. Asphalt mixtures produced by these plants are used in construction and maintenance of all grades of roads and highways. The Group also offers asphalt mixing plant customer services including sales of spare parts and components and provision of equipment modification services and leasing of asphalt mixing plants through operating leases. With headquarters in Hong Kong and a production base in Langfang, Hebei, D&G Technology is certified as a high-technology enterprise in Hebei and enjoys a preferential enterprise income tax rate of 15%. Its products are sold to most provinces, municipalities and autonomous regions in China. The Group has asphalt mixing plants projects in a total of 23 countries, including Australia, Russia, India, Thailand and Brunei, etc.

About Kerry Logistics Network Limited (Stock Code 0636.HK)


Kerry Logistics is an Asia-based, global 3PL with the strongest network in Asia. Its core competency is providing highly customised solutions to multinational corporations and international brands to enhance their supply chain efficiency, reduce overall costs and improve response time to market. It currently has more than 1,000 service points in 51 countries and territories, and is managing 52 million sq ft of land and logistics facilities worldwide, providing customers with high reliability and flexibility to support their expansion and long-term growth. Kerry Logistics Network Limited is listed on the Main Board of the Hong Kong Stock Exchange and is a selected Member of the Hang Seng Corporate Sustainability Index Series 2017-2018.

About Topp Financial Leasing (Target Company)


Established in 2016 in the China (Shanghai) Pilot Free Trade Zone, the Company is primarily engaged in the business of finance leasing of asphalt mixing plants and road construction equipment to D&G Technology’s customers in China.

D&G Technology announces positive profit alert

D&G Technology Holding Company Limited (“D&G Technology” or the “Group”; Stock code: 1301.HK), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, is pleased to announce that the Group expects its profit attributable to the equity shareholders of the Company for the six months ended 30 June 2017 to increase by approximately 53% as compared to the same period last year.

The increase is mainly due to the increase in revenue by approximately 46% and partly offset by the increase in distribution costs and research and development expenses. The increase in revenue was primarily attributable to the increase in demand of asphalt mixing plants resulting from the increase in road construction projects both in China and overseas countries. In particular, the demand for recycling asphalt mixing plants in China increased significantly, due to the advocacy of the national environmental protection policies in China.

Ms. Glendy Choi, CEO and Executive Director of the Group, said, “Investment in infrastructure is one of the key drivers of economic growth and we are glad to see the increase in road construction projects not only in China but also along the One Belt One Road countries. With the advocacy of environmental protection policies in China, we expect there shall be a continuous growth in demand of recycling and high environmental protection configuration asphalt plants. The Group will also carry on to grasp the opportunities in the “One Belt One Road” region to develop its business and explore potential overseas markets. With unceasing technological innovation and investments in research and development, the Group is confident to remain as a leading player in the market and will use our best endeavors to bring better returns to the shareholders of the Company.”

Ms. Glendy Choi, CEO of D&G Technology, invited as a guest speaker in the “Belt and Road Experience Sharing Forum”

Ms. Glendy Choi, CEO and Executive Director of D&G Technology Holding Company Limited shared as a guest speaker in the "Belt and Road Experience Sharing Forum”

D&G Technology Holding Company Limited (“D&G Technology” or the “Group”; Stock code: 1301.HK) is pleased to announce that Ms. Glendy Choi, CEO and Executive Director of the Group, was invited as one of the four guest speakers in the “Belt and Road Experience Sharing Forum".

D&G Technology, a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, has been enthusiastically participated in various “One Belt, One Road” infrastructure construction projects and seizes the policy opportunities. Ms. Glendy Choi shared her experience of business development in “One Belt, One Road” countries in the forum.

She said, “I am very honoured to be involved as one of the speakers at the “Belt and Road Experience Sharing Forum”. This highly recognizes the Group’s effort to develop overseas markets in the past years. The Group provides environmental-friendly and energy-saving asphalt mixing plants which have been exported to 23 overseas countries, including Russia, India, and Middle East, etc. This manifests the important role of Hong Kong enterprises in the “One Belt One Road” development. Recently, being the first of its kind among Hong Kong's small and medium-sized enterprises to participate in the construction of the "China-Pakistan Economic Corridor", D&G Technology provided environmental-friendly and energy-saving asphalt mixing plants. Our products are very popular among Belt and Road countries, for their nature to reduce environmental impacts to communities and help achieve sustainable development.”

Ms. Glendy Choi, CEO and Executive Director of D&G Technology Holding Company Limited shared as a guest speaker in the "Belt and Road Experience Sharing Forum”

To enter overseas markets, enterprises would encounter various difficulties. Ms. Glendy Choi encouraged the forum participants to constantly adjust their strategies to adapt to the changing environment and seize the opportunities timely, while teenagers should embrace the connection to the world. Mr CY Leung, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), delivered his praise to the guest speakers for their outstanding career development. He also mentioned that the government recently published a pamphlet for “One Belt One Road”, which covers many successful “One Belt One Road” projects of the Group.

The "Belt and Road Experience Sharing Forum" was held by the Belt and Road Office of the HKSAR Government, together with the Commerce and Economic Development Bureau, Development Bureau, Education Bureau and Home Affairs Bureau, in which nearly 500 young businessmen, professionals and students attended. It was live webcasted and broadcasted, so citizens from all walks of life could understand more about the overseas business of D&G Technology.

D&G Technology awarded Quam IR Awards 2016 – Main Board Category

The medal of the QUAM IR Awards 2016 – Main Board Category

(Hong Kong, 25 May 2017) – D&G Technology Holding Company Limited (“D&G Technology” or the “Group”; Stock code: 1301.HK), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, is pleased to announce that the Group has been awarded the Quam IR Awards 2016 – Main Board Category. This is the second consecutive year that D&G Technology is recognized, following the award of “Quam IR Awards 2015 – First Year After Listing” last year.

The Quam IR Awards aims to recognize models of practice and leadership in Investor Relations (IR) among the listed companies in the Asia Pacific region for their outstanding communications between companies and stakeholders. Winners were devoted in upholding transparent communications between companies and stakeholders in the past year. The Judges are impressed by D&G Technology’s performance of investor relations work and consider the Group well-deserved to be awarded.

 

D&G Technology enthusiastically participates in various “One Belt, One Road” infrastructures, and is honoured to be involved in the projects. Apart from business development, the Group also engages a professional investor relations team to ensure effective communication and corporate transparency.

Ms Glendy Choi (CEO), Mr Barnabas Tsang (CFO), Mr Alain Fontaine (NED) and Mr Waltery Law (INED) attend the QUAM IR Awards Ceremony.
Chairman of Federation of Hong Kong Industries, Professor Daniel M. Cheng, MH, JP (Left) congratulated Ms Glendy Choi at the awards ceremony.

Ms Glendy Choi (CEO) received the award on behalf of the Group.

Ms. Glendy Choi, CEO and Executive Director of the Group, said, “We are very honoured to be awarded with Quam IR Awards again. The Group has been keeping close relationships with investors since our listing. Through timely disclosure of the Group’s latest information, investors are allowed to follow our latest development. Recently, we participated in the first Advanced International Conference on “The Belt and Road” Industry and Finance in Beijing on 15 May 2017 to discuss the development and opportunities brought by the Belt and Road initiatives which further affirmed the Group’s authoritative image within the industry and enhanced our presence in the region.”

Young Industrialist of Hong Kong 2016

Ms. Glendy CHOI, CEO of D&G Technology was awarded Young Industrialist of Hong Kong 2016

Hon. CY Leung, Chief Executive of the HKSAR (Right) presented the “Young Industrialist Awards of Hong Kong” trophy to Ms. Glendy Choi, Chief Executive Officer of D&G Technology (Left).
Hon. CY Leung, Chief Executive of the HKSAR (Right) presented the “Young Industrialist Awards of Hong Kong” trophy to Ms. Glendy Choi, Chief Executive Officer of D&G Technology (Left).

D&G Technology Holding Company Limited (“D&G Technology” or the “Group”; Stock code: 1301.HK), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, is pleased to announce that our Chief Executive Officer Ms. Glendy CHOI has been awarded with the “Young Industrialist Awards of Hong Kong 2016”, organized by the Federation of Hong Kong Industries (FHKI). The award presentation ceremony was held at the Hong Kong Convention and Exhibition Centre on 2nd November, and was officiated by the Hon. CY Leung, GBM, GBS, JP, Chief Executive of the Hong Kong Special Administrative Region.

The FHKI first organised the Young Industrialist Awards in 1988 to praise Hong Kong’s young industrialists for their outstanding contribution in Hong Kong industrial and economic development. There are 8 young industrialists awarded the title this year. The judges are impressed by Ms. Choi’s vision, as well as her effort in cultivating talents, and consider her well-deserved to be awarded.

There are 8 young industrialists awarded the “Young Industrialist Awards of Hong Kong 2016”.
There are 8 young industrialists awarded the “Young Industrialist Awards of Hong Kong 2016”.

Ms. Choi joined the Company in 2009. She is primarily responsible for overseeing the corporate management of the Group, products and technology development, and the overall management and implementation of business and marketing strategies and plans. In order to fulfill the environmental requirement of the PRC government and sustainable development needs of the industry, the Group is committed to the research and development of environmental friendly asphalt mixing plants. The products have been exported to various countries along the Belt and Road area. Ms. Choi is keen on promoting recycling plants, to reduce the environmental impact of surrounding communities during the production process by reducing pollutant emissions and meet environmental targets, and achieve sustainable development.

In 2015, the Group was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited. It was awarded with the “QuamIR Awards 2015 – First Year after Listing category” and “Belt and Road Environmental Leadership Recognition Award” sponsored by the FHKI and Bank of China (Hong Kong) in the same year.

Ms. Glendy CHOI, Chief Executive Officer of D&G Technology said that, she will stay true to her motto – ‘There is no best, only better’, and bring D&G Technology to new heights.
Ms. Glendy CHOI, Chief Executive Officer of D&G Technology said that, she will stay true to her motto – ‘There is no best, only better’, and bring D&G Technology to new heights.

Ms. Glendy CHOI, Chief Executive Officer of the Group, said that, “It is my honor to be awarded the ‘Young Industrialist Awards of Hong Kong’. It is an recognition of my effort over the years. I would like to thank FHKI, our Company’s shareholders and board members for their trust and support. I would also like to extend my gratitude to my colleagues for working alongside me for all these years, to assist and support my work. I would like to share this honor with them. Looking forward, I will stay true to my motto – ‘There is no best, only better’. I will learn from the predecessors and experts in the industry and lead D&G team to do better.”

D&G Technology won the “Belt and Road Environmental Leadership Recognition Award” and “EcoChallenger” in BOCHK Corporate Environmental Leadership Awards

Ms Glendy Choi, CEO, and Mr Derek Choi, Executive Director, attended the ceremony to receive the award.
Ms Glendy Choi, CEO, and Mr Derek Choi, Executive Director, attended the ceremony to receive the award
The Group won the “Belt and Road Environmental Leadership Recognition Award” out of more than 450 participating enterprises.
The Group won the “Belt and Road Environmental Leadership Recognition Award” out of more than 450 participating enterprises
The Group was also awarded the “EcoChallenger”.
The Group was also awarded the “EcoChallenger”

D&G Technology is committed to the research and development of environmental friendly asphalt mixing plants which can reduce the energy consumption and emission of dust, smoke and noise. The products have been exported to various countries along the Belt and Road area, including India, Brunei, Vietnam, Cambodia, Kazakhstan, Turkmenistan, etc. The Group completed a number of environmental projects last year, and some were selected to participate in the BOCHK Corporate Environmental Leadership Awards Programme which is jointly organized by the Federation of Hong Kong Industries and Bank of China (Hong Kong), to compete the awards with more than 450 participating enterprises. The awards aim to encourage enterprises to implement environmental protection measures and reduce environmental pollution, and commend those enterprises to contribute in environmental protection. Apart from wining the EcoChallenger award, D&G Technology is honored to win “Belt and Road Environmental Leadership Recognition Award”. The panel praised the Group’s contribution in reduction of environmental pollution. The award is in recognition of the outstanding performance of the enterprise implementing environmental protection measures in the regions along “Belt and Road”.

The award treats is recognition to the Group’s contribution along the Belt and Road regions. The award ceremony was held on June 2. Ms Christine Loh Kung-wai, JP, Under Secretary for the Environment, was the Guest of Honor. Our CEO, Ms Glendy Choi, received the award and was interviewed on behalf of the Group.

D&G Technology (1301.HK) – To Provide Asphalt Mixing Plant in Hong Kong

D&G Technology Holding Company Limited 德基科技控股有限公司 (Stock code: 1301.hk), through its wholly-owned subsidiary, has entered into contract with K. Wah Asphalt Limited (a wholly-owned subsidiary of Galaxy Entertainment Group Limited) in October 2015, for the design, supply, delivery, installation supervision, commissioning, testing and warranty works of hot mix batch asphalt mixing plant in Hong Kong.

It is the first such project of D&G Technology in Hong Kong. The project signifies the capabilities of D&G Technology’s products and services in meeting the Hong Kong standards. As a major supplier of asphalt mixing plants in numerous signature construction projects in the PRC, including Beijing-Tibet Highway (京藏高速), Beijing-Hong Kong-Macau Highway (京港澳高速), Jiaozhou Bay Bridge (膠州灣大橋) and Hangzhou Bay Bridge (杭州灣大橋), D&G Technology is glad to provide its one-stop asphalt mixing plant solutions for Hong Kong infrastructure projects and will continue to look for opportunities to expand the business globally.

About D&G Technology Holding Company Limited


D&G Technology is a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China. Based on the sales volume, the Group ranked second with a market share of approximately 13.8% in 2013. The Group’s core products include conventional hot-mix asphalt mixing plants and hot-mix asphalt mixing recycling plants. Asphalt mixtures produced by these plants are used in construction and maintenance of all grades of roads and highways. The Group also offers asphalt mixing plant customer services including sales of spare parts and components and provision of equipment modification services and leasing of asphalt mixing plants through operating leases. With headquarters in Hong Kong and a production base in Langfang, Hebei, D&G Technology is certified as a high-technology enterprise in Hebei and enjoys a preferential enterprise income tax rate of 15%. Its products are sold to most provinces, municipalities and autonomous regions in China as well as 18 overseas countries. It has sold more than 300 units of asphalt mixing plants to customers in China and overseas emerging markets and developed countries including Australia, Russia and India, regions including Southeast Asia and the Middle East, as well as countries in Africa. The Group is also one of the suppliers of asphalt mixing plants to a number of major infrastructure projects in China, including Beijing-Tibet Highway (京藏高速), Beijing-Hong Kong-Macau Highway (京港澳高速), Jiaozhou Bay Bridge (膠州灣大橋) and Hangzhou Bay Bridge (杭州灣大橋).

D&G TECHNOLOGY ACHIEVES 2015 INTERIM REVENUE OF RMB197 MILLION • Adjusted NET Profit Surges 125% to RMB30 Million

COMPLETED CHINA’S FIRST NATIONAL HIGHWAY PROJECTWITH SURFACE LAYER PAVED WITH RECYCLED ASPHALT MIXTURELAUNCHING WHOLE NEW BRAND “PRIMACH” ASPHALT MIXING PLANTS AND SOLUTIONS TAILORED FOR “ONE BELT ONE ROAD”

D&G Technology Holding Company Limited (“D&G Technology” or the “Group” ; Stock code: 1301), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, today announced its unaudited interim results for the six months ended 30 June 2015.

In the first half of 2015, the Group achieved a healthy and solid growth of business as a result of the execution of the strategies for the sustainable growth of the business of the Group. The Group recorded revenue of approximately RMB197.2 million (2014 corresponding period: RMB169.6 million), representing an increase of 16.3% as compared to the same period of last year. Gross profit increased by 17.0% to approximately RMB80.0 million (2014 corresponding period: RMB68.3 million). Gross profit margin slightly increased to 40.6% (2014 corresponding period: 40.3%). Profit attributable to equity shareholders of the Company was RMB18.6 million (2014 corresponding period: RMB13.5 million), up 38.0% as compared to the same period of last year. Excluding listing expenses, profit attributable to equity shareholders of the Company was RMB30.4 million (2014 corresponding period: RMB13.5 million), representing a significant year-on-year increase of 125.6%.

Ms. Glendy CHOI, Executive Director and Chief Executive Officer of D&G Technology, said, “In implementing the ‘One Belt One Road’ policy, the country dedicates considerable resources to push forward road construction projects. The Group has achieved steady business growth as the demand for its recycling plants has risen. During the period, the Group completed 25 asphalt mixing plants contracts and continued to participate in the top-tier highways construction and maintenance projects in PRC and overseas. The asphalt mixing plants were used in major highway construction and maintenance projects including National Highway 310 Expansion Project, Jinan-Qingdao Expressway Expansion Project, Shiyan-Tianshui Expressway, Yinchuan Yellow River Bridge, Daqing-Guangzhou Expressway and Zhengzhou Port Municipal Project. The Group actively developed overseas markets, including countries and regions along the path of ‘One Belt One Road’ and completed projects in Russia and India during the period. To fully take advantage of the future rapid growth of the PRC road construction and maintenance industry, the Group has successfully listed on the Stock Exchange of Hong Kong Limited on 27 May 2015, as a first step towards the international capital market.”

Business Review

D&G Technology is specialised in the research and development, design, manufacturing and sale of Conventional and Recycling asphalt mixing plants, and provides one-stop customized solutions to the customers in the PRC and overseas markets.

Sales of asphalt mixing plants business

Sales of asphalt mixing plants business is the Group’s major source of income. During the reporting period, turnover generated from the business increased by 14.6% over the prior period to RMB174 million, primarily because of the increase in average contract value completed during the period. Gross profit margin continued to maintain at a satisfactory and high level of 39.2% during the period. Turnover from the sales of Recycling Plants increased by 18.7% over the prior period to RMB112 million, accounting for 64.2% of the turnover from sales of asphalt mixing plants. which was mainly resulted from the demand for high capacity and high degree of customization of asphalt mixing plants from customers. Gross profit from the sales of Recycling Plants increased by 13.9% over the prior period to RMB44.0 million. During the period, the Group has actively strived to develop overseas market and completed projects in Russia and India. In addition, turnover from the sales of Conventional Plants also increased by 7.9% to RMB62.4 million mainly resulted from the demand for high capacity asphalt mixing plants from the customers.

Sales of spare parts and components and provision of equipment modification services business

Turnover generated from the sales of spare parts and components and provision of equipment modification services business increased by 7.9% over the prior period to approximately RMB13 million; and gross profit margin also further improved by 0.9 percentage point during the period to 41.3%.

Operating lease of asphalt mixing plants business

Turnover generated from the operating lease of asphalt mixing plants increased significantly by 83.1% over the prior period to RMB9.80 million. Gross profit margin continued to increase and reached 63.9% during the period. Amid with the strong market demand and customised solutions offered to the customers, the number of asphalt mixing plants held for operating leases increased from 5 to 7 during the period. The asphalt mixing plants leased by the Group during the period were used in major highways construction and maintenance projects such as Beijing-HongKong-Macau Expressway Expansion, Changli Expressway, Yuexi-Wuhan Expressway and Chaozhou-Huizhou Expressway.

Research & Development

The Group has a well-established research and development team and industry-leading R&D capability. Recently, the Group is closely collaborating with its customer, Hunan Road & Bridge Construction Group Co., Ltd., in a large pavement maintenance project at the Hunan Litan section of the main national, Shanghai-Kunming Highway Expressway. The project is deploying the Group’s self-developed “double drum dryer recycling technology” and is the first national highway asphalt pavement project that adopts environmentally-friendly and low emission hot-mix plant recycling technology in the surface layer, which can bring significant saving in material costs compared with using conventional technology. The Group is also collaborating with Ganyu Transport Bureau to participate in another large national road improvement project in Lianyungang Ganyu section of National Highway 310(G310). The Group’s self-developed patented “monoblock recycling plant” is also deployed in the project and the performance is satisfactory.

Expanding Production Capacity

The Group is currently expanding the manufacturing and R&D facilities in Langfang to increase the production capacity. It is aimed to complete the expansion of manufacturing facilities in 2016 such that the increased production capacity is able to satisfy the increasing demand of the products in asphalt mixing plants in both PRC and overseas markets. The Group expects that hot-mix plant recycling technology will become the trend of medium and large scale maintenance project in the PRC and will provide encouraging return to the Group in the near future. In addition, the Group will set up service centres in Russia, Middle East and India in the second half of this year.

Prospects

Ms. Glendy CHOI, concluded, “The Group believes that the continuous national investment in highway infrastructure and the environmental concern in the PRC will strengthen the demand for energy-saving environmental asphalt mixing plants. Meanwhile, there is a growth in the increased maintenance mileage of highway. Making use of reclaimed asphalt pavement (RAP) during the road maintenance is in line with the national policy of resource recycling and can provide good economic returns. As a result of all these factors, it is expected that the demand for recycling plants will grow further. With the initiative of ‘One Belt One Road’ by the PRC government, the Group is prepared and ready to expand overseas market business. A new brand of asphalt mixing plants and solutions, PRIMACH, tailored for the market in the countries along the path of ‘One Belt One Road’ will be launched in the second half of this year to expand the Group’s overseas markets. Looking ahead, the Group is confident and optimistic about the prospect of the business and is committed to achieve healthy, sustainable and diversified growth of business in the long run.”

About D&G Technology Holding Company Limited


D&G Technology is a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China. Based on the sales volume, the Group ranked second with a market share of approximately 13.8% in 2013. The Group’s core products include conventional hot-mix asphalt mixing plants and hot-mix asphalt mixing recycling plants. Asphalt mixtures produced by these plants are used in construction and maintenance of all grades of roads and highways. The Group also offers asphalt mixing plant customer services including sales of spare parts and components and provision of equipment modification services and leasing of asphalt mixing plants through operating leases. With headquarters in Hong Kong and a production base in Langfang, Hebei, D&G Technology is certified as a high-technology enterprise in Hebei and enjoys a preferential enterprise income tax rate of 15%. Its products are sold to most provinces, municipalities and autonomous regions in China as well as 18 overseas countries. It has sold more than 300 units of asphalt mixing plants to customers in China and overseas emerging markets and developed countries including Australia, Russia and India, regions including Southeast Asia and the Middle East, as well as countries in Africa. The Group is also one of the suppliers of asphalt mixing plants to a number of major infrastructure projects in China, including Beijing-Tibet Highway (京藏高速), Beijing-Hong Kong-Macau Highway (京港澳高速), Jiaozhou Bay Bridge (膠州灣大橋) and Hangzhou Bay Bridge (杭州灣大橋).

向天津港事故中的遇難者舉行內部募捐活動 “in Chinese only”

廊坊德基機械科技有限公司領導及員工踴躍為捐軀的消防戰士家庭捐款

天津港事故2015年8月12日23:30左右,天津濱海新區天津港危險化學品堆場發生了特大火災爆炸事故,截止8月22日,共有48名消防員遇難,53名戰士失聯,成為新中國成立以來消防戰線最慘痛的災難。

廊坊德基機械科技有限公司作為中國築路裝備行業的領導型企業,也作為賦有 Read More

Shanghai-Kunming Highway pavement maintenance project

D&G Technology’s recycling drum dryer technology deployed in Shanghai-Kunming Highway pavement maintenance project

Pioneering national standard technology can save RMB3.5 million

D&G Technology Holding Company Limited (“D&G Technology” or the “Group” ; Stock code: 1301), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, is closely collaborating with its customer, Hunan Road & Bridge Construction Group Co., Ltd. (“HNRB”), in a large pavement maintenance project at the Hunan Litan section of the main national, Shanghai-Kunming Highway. The project is deploying the Group’s self-developed “drum dryer recycling technology” and is the first asphalt pavement project that adopts

Read More

SHARES COMMENCE TRADING ON HKSE MAIN BOARD • Share price closes at HK$2.62 per share; approximately 14.9% over offer price

D&G Technology Holding Company Limited (“D&G Technology” or the “Group”, stock code: 1301), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, commenced trading on the Main Board of the Hong Kong stock exchange today.

D&G Technology shares were actively traded and recorded positive price movements today. The share price reached an intra-day high of HK$2.77 per share and closed at HK$2.62 per share, approximately 21.5% and 14.9% higher than the offer price respectively. A total of approximately 149 million shares changed hands on turnover of approximately HK$395 million.

Ms. Glendy Choi, Chief Executive Officer of D&G Technology, said, “D&G is a technology-first company focusing on research and development. Thus the Group will continue to launch new products with environmentally-friendly, low energy-consumption and resource recycling characteristics to address the market trend, secure the leading position of D&G Technology and meet the needs of both domestic and overseas markets.”

“D&G has been providing products and services for eight countries in line with China’s “One Belt One Road” policy. We believe that we have preemptively taken the opportunity to further develop sales networks along the way, expand our global market share as a national brand, and bring fruitful returns to our shareholders.”

Mr. Choi Hung Nang, chairman of D&G Technology (seventh from left) , Ms. Glendy Choi, chief executive officer of D&G Technology (eighth from right) and Mr. Derek Choi, executive director of D&G Technology (sixth from left) take group photos with guests.

Mr. Choi Hung Nang, chairman of D&G Technology (middle) and Ms. Glendy Choi, chief executive officer of D&G Technology (right), present a souvenir to Helen Zee (left) from the Stock Exchange of Hong Kong.

Mr. Choi Hung Nang, chairman of D&G Technology, strikes the ceremonial gong to start trading for the day.

Mr. Choi Hung Nang, chairman of D&G Technology (middle), Ms. Glendy Choi, chief executive officer of D&G Technology (right) and Mr. Derek Choi, executive director of D&G Technology (left), are confident in the Company’s future development.

About D&G Technology Holding Company Limited


D&G Technology is a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China. Based on the sales volume, the Group ranked second with a market share of approximately 13.8% in 2013. The Group’s core products include conventional hot-mix asphalt mixing plants and hot-mix asphalt mixing recycling plants. Asphalt mixtures produced by these plants are used in construction and maintenance of all grades of roads and highways. The Group also offers asphalt mixing plant customer services including sales of spare parts and components and provision of equipment modification services and leasing of asphalt mixing plants through operating leases. With headquarters in Hong Kong and a production base in Langfang, Hebei, D&G Technology is certified as a high-technology enterprise in Hebei and enjoys a preferential enterprise income tax rate of 15%. Its products are sold to most provinces, municipalities and autonomous regions in China as well as 18 overseas countries. It has sold more than 300 units of asphalt mixing plants to customers in China and overseas emerging markets and developed countries including Australia, Russia and India, regions including Southeast Asia and the Middle East, as well as countries in Africa. The Group is also one of the suppliers of asphalt mixing plants to a number of major infrastructure projects in China, including Beijing-Tibet Highway (京藏高速), Beijing-Hong Kong-Macau Highway (京港澳高速), Jiaozhou Bay Bridge (膠州灣大橋) and Hangzhou Bay Bridge (杭州灣大橋).

HONG KONG PUBLIC OFFER SHARES ARE OVERSUBSCRIBED 162 TIMES; INTERNATIONAL PLACING IS SIGNIFICANTLY OVER-SUBSCRIBED

Final offer price is set near the top end of the indicative offer price range at HK$2.28 per offer share

D&G Technology Holding Company Limited (“D&G Technology” or the “Group”), a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China, today announced the allotment results of its global offering of 150,000,000 shares. The public offer of 15,000,000 shares initially available was approximately 162 times over-subscribed and the international placing of 135,000,000 shares initially available was significantly over-subscribed. The share price is fixed at HK$2.28 per share – near the top end of the indicative offer price range. Trading of the shares on the Main Board of the Stock Exchange of Hong Kong will begin on 27 May 2015 (Wednesday), under the stock code 1301.

 

The significant over-subscription of the public offer has triggered a claw-back mechanism in which the number of shares for public offering has been increased from the original 10 percent of the total number of global offering shares to 50 percent, with the number of shares for international placing changed from the original 90 percent to 50 percent. As a result, the number of shares for the public offering has been increased to 75,000,000 shares, and the number of shares for international placing has been changed to 75,000,000 shares. D&G Technology has granted an over-allotment option to over-allocate an additional 22,500,000 shares to institutional investors under the placing tranche.

BOCOM International (Asia) Limited is the sole sponsor of the global offering, BOCOM International Securities Limited is the sole global coordinator, while BOCOM International Securities Limited and Guotai Junan Securities (Hong Kong) Limited are the joint bookrunners.

About D&G Technology Holding Company Limited


D&G Technology is a leading medium-to-large scale asphalt mixing plant manufacturer and service provider in China. Based on the sales volume, the Group ranked second with a market share of approximately 13.8% in 2013. The Group’s core products include conventional hot-mix asphalt mixing plants and hot-mix asphalt mixing recycling plants. Asphalt mixtures produced by these plants are used in construction and maintenance of all grades of roads and highways. The Group also offers asphalt mixing plant customer services including sales of spare parts and components and provision of equipment modification services and leasing of asphalt mixing plants through operating leases. With headquarters in Hong Kong and a production base in Langfang, Hebei, D&G Technology is certified as a high-technology enterprise in Hebei and enjoys a preferential enterprise income tax rate of 15%. Its products are sold to most provinces, municipalities and autonomous regions in China as well as 18 overseas countries. It has sold more than 300 units of asphalt mixing plants to customers in China and overseas emerging markets and developed countries including Australia, Russia and India, regions including Southeast Asia and the Middle East, as well as countries in Africa. The Group is also one of the suppliers of asphalt mixing plants to a number of major infrastructure projects in China, including Beijing-Tibet Highway (京藏高速), Beijing-Hong Kong-Macau Highway (京港澳高速), Jiaozhou Bay Bridge (膠州灣大橋) and Hangzhou Bay Bridge (杭州灣大橋).

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