CROSSTEC Group Holdings Ltd.
HHKEX:38931.38
HKD
+0.00
(-0.36%)
ISIN
KYG257501299
CUSIP
G25750129
Return %
Stock
S&P 500
1Y
79.22
14.39
3Y
176.00
81.42
5Y
-63.04
68.62
Capital Structure
HKD
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in mil. unless spec.Working Capital
HKD
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in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
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in mil. unless spec.Company Description
- CEO
- Rong Wang
- Full Time Employees
- 52
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Technology Plaza Hong Kong Hong Kong
- IPO Date
- Sep 12, 2016
- Website
- crosstec.com.hk
- Similar Companies
- Business
- Crosstec Group Holdings Limited (3893.HK) is an investment holding company primarily engaged in providing integrated interior solutions services and online game integrated services to global luxury goods, high-end fashion brands, and property facilities. Founded in 1999 and headquartered at Unit 1301, 13/F, Technology Plaza, 651 King's Road, North Point, Hong Kong, the company offers millwork and furniture provision; facade development, fabrication, and management; interior solutions including fit-out construction and installation; design and project consultancy; maintenance services; and promotional and supporting services for online games under a PRC license granted in June 2024. It operates geographically in Hong Kong, the People's Republic of China, Australia, the United States, Europe, the Middle East, Japan, Monaco, Thailand, the United Kingdom, Vietnam, and other regions, serving major clients that contribute significantly to revenue. The company's core revenue streams encompass sales of millwork, furniture, and facade products at a point in time; and over-time recognition from interior solutions projects, maintenance, design consultancy, and online game services, with recent fiscal years showing revenue of HK$73.8 million for the year ended June 30, 2024, and HK$55.4 million for the year ended June 30, 2025. Crosstec maintains about 50 suppliers and sub-contractors, has completed over 1,612 projects across 81 cities, and was recognized by Frost & Sullivan as the largest Hong Kong-based luxury retail interior designer by revenue in 2015. Latest major changes include the June 2024 acquisition of a five-year PRC license to reproduce, distribute, and publish a licensed game, leading to the launch of online game integrated services that generated HK$4.1 million in revenue for the year ended June 30, 2025; issuance of HK$5 million seven-year convertible bonds in May 2024; completion of placings raising net proceeds of HK$6.0 million in April 2024 and HK$6.0 million in February 2025 for project costs and working capital; a capital reduction and subdivision effective February 2024 reducing par value from HK$0.40 to HK$0.01 per share to offset accumulated losses; extension of HK$50 million borrowings in September 2024 for 18 months at 15% interest; subscription agreements completed September 22, 2025, for HK$95.5 million convertible bonds to settle loans from Hexing Investment Limited and MK Investment Group Limited; and strategic expansions in PRC, Hong Kong, and Australia with new relationships to internationally recognized brands alongside ongoing acquisition pursuits for synergies.