China Wacan Group Company Limited (1920.HK) is an investment holding company principally engaged in providing construction services in Hong Kong. The company operates through its Construction Services segment, which offers wet trades works including plastering of floors, walls, and ceilings; tile laying on internal and external walls and floors; bricklaying; and marble works; as well as related ancillary services such as polishing, chiseling, leveling, cleaning, glue pumping, and stone washing; and its Construction Information Technology Services segment, which provides an online platform for customers to inquire about project-related information. Founded in 1989 and headquartered in Room 9, 2/F, Hang Bong Commercial Centre, 28 Shanghai Street, Jordan, Kowloon, Hong Kong, the company primarily serves the Hong Kong construction market with a workforce of around 38 employees.
In recent developments, China Wacan Group, formerly known as Hands Form Holdings Limited, completed its rebranding to China Wacan Group Company Limited in December 2024 following shareholder approval to better position itself in the market. The company raised over HK$14 million through a share placement in June 2025 and agreed in 2025 to issue 112.3 million new shares at HK$0.3965 each to its controlling shareholder, China Alliance Venture Technology, aiming to raise HK$44 million for operational needs. Additionally, in 2025, it expanded into the beauty and healthcare sector by launching a new business focused on cosmetics, beauty and skin care products, nutritional and healthy foods, lifestyle beauty, medical beauty, and health management services to diversify beyond construction; it also relocated to larger premises in Hong Kong to support business growth and increased manpower.