Steed Oriental (Holdings) Company Limited (8277.HK) is an investment holding company principally engaged in the sourcing, manufacturing and sales of wooden products in Mainland China. The Group's product mix mainly includes structural panels; supplementary materials used in construction; and custom-made wooden products such as wooden structures, wooden doors and windows, and wooden furniture, with revenue disaggregated into sales at a point in time for structural panels, supplementary construction materials and others, as well as made-to-order wooden products transferred over time primarily serving the property and construction sectors. Incorporated in 2013 and headquartered at Room 1311, 13/F., Olympia Plaza, 255 King’s Road, North Point, Hong Kong, the company operates through subsidiaries with manufacturing facilities in the PRC and sells domestically and overseas, employing 14 staff as of March 31, 2025. In February 2025, the Group completed the disposal of an indirectly wholly-owned subsidiary, recognizing a gain of approximately HK$64.5 million which contributed to a profit of HK$36.3 million for the year ended March 31, 2025 despite a 66.4% revenue decline to HK$21.2 million amid a property market downturn; additionally, all bank borrowings were eliminated post-disposal, reducing total debt to nil and the gearing ratio to 83.9%.