China New Consumption Group Limited
HHKEX:82750.09
HKD
0.00
(0.00%)
ISIN
KYG1142R1424
CUSIP
G1142R142
Return %
Stock
S&P 500
1Y
-33.07
14.20
3Y
-62.02
81.12
5Y
-84.08
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
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
•
in mil. unless spec.Company Description
- CEO
- Ching Man Liu
- Full Time Employees
- 12
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Golden Industrial Building Hong Kong Hong Kong
- IPO Date
- Oct 16, 2017
- Website
- irasia.com
- Similar Companies
- Business
- China New Consumption Group Limited (8275.HK), an investment holding company incorporated in the Cayman Islands in 2008 and headquartered at Room 204, 2/F, Yue Shing Commercial Building, 15 Queen Victoria Street, Central, Hong Kong, operates as a foundation contractor primarily engaged in subcontracted bored piling works and other foundation works in Hong Kong, including installation of bored piles with diameters ranging from 1.5 metres to 3 metres of various pile lengths, specialized removal of pre-existing foundations or obstructing piles for urban renewal or railway projects; it also provides construction works management services, public relations, brand building and marketing services through Goldstone Communications Limited, machinery rental and leasing services, money lending and financial services business, investment in securities, and new consumption initiatives encompassing tea beverage operations under the TEADAYE brand. The company, formerly known as State Innovation Holdings Limited, changed its name to China New Consumption Group Limited in June 2023 to reflect its strategic pivot toward diversified revenue streams including financial services, AI business development, and new consumption sectors in China and Southeast Asia. Recent developments include the incorporation of subsidiaries such as Beijing New Consumption Network Technology Co., Limited in June 2023 for new consumption activities, a brand cooperation agreement on 7 January 2025 with Trillion Wealth Company Limited and Philippine TEADAYE CORP. to expand into the Southeast Asian tea drink market, agreements to open new TEADAYE stores in Wan Chai and San Po Kong, Hong Kong by the third quarter of 2025, acquisition of no less than 51% equity in four Cha Da Ye (TEADAYE) stores in Sheung Wan, Tseung Kwan O, Tsim Sha Tsui, and Tsuen Wan to enhance market share and product diversification, a July 2025 placing of new shares raising approximately HK$10.26 million for TEADAYE store investments and working capital, and a November 2025 placing agreement for up to 143,997,475 new shares at HK$0.10 each to fund machinery purchases for leasing and trading and financial services expansion; operations remain focused on Hong Kong with exploratory segments in the PRC and Southeast Asia, employing 22 staff as of March 2025.