- CEO
- Zong Chuan Wu
- Full Time Employees
- 470
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- One Continental Hong Kong Hong Kong
- IPO Date
- Dec 6, 2001
- Business
- Pak Tak International Limited (2668.HK) is an investment holding company principally engaged in the supply chain business for non-ferrous metals and construction materials; property investment; hotel management and catering services; and other activities including equipment leasing, money lending, and securities investment. The supply chain segment provides trading and supply services for non-ferrous metals such as aluminum, copper, and zinc, alongside construction materials like steel products and building hardware, primarily serving industrial and commercial customers. Property investment involves leasing commercial retail spaces, while hotel management and catering services operate hospitality facilities; these segments generate revenue mainly in Hong Kong and the People's Republic of China.
The company maintains operations across Hong Kong and mainland China, with offices in Wan Chai, Hong Kong, and Shenzhen, PRC. Founded in 2001 and listed on the Hong Kong Stock Exchange on December 6, 2001, it is headquartered at 20/F, One Continental, No. 232 Wan Chai Road, Hong Kong.
In recent developments, Pak Tak completed the acquisition of iron ore mining and milling operations through Zongchuan Investment in late 2024, marking a strategic expansion into the resources sector and contributing to increased operational costs in 2025. This move followed a sale and purchase agreement dated February 29, 2024, for RMB289,860,000, payable via new share issuance, with property, plant, and equipment acquisitions totaling HKD28,256,000 in the first half of 2025. Leadership changes included Zong Chuan Wu's appointment as CEO on May 20, 2025, and the reassignment of Mr. Xing Shuguang from executive director effective September 1, 2025, alongside Liao Nangang's resignation as chairman earlier in the year. These shifts support ongoing efforts to enhance liquidity through customer collections, property-pledged banking facilities, and potential equity or debt fundraising.