Brightstar Technology Group Co., Ltd TEMP
1.23
HKD
0.00
(0.00%)
ISIN
KYG479741293
CUSIP
G47974129
Return %
Stock
S&P 500
1Y
-95.16
14.20
3Y
-95.16
81.12
5Y
-97.86
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
- Ho Ting Yeung
- Full Time Employees
- 118
- Sector
- Producer manufacturing
- Industry
- Miscellaneous manufacturing
- Address
- 502, Hoi Bun Industrial Building Hong Kong HK Hong Kong
- IPO Date
- Jun 14, 2017
- Website
- intechproductions.com
- Similar Companies
- Business
- Brightstar Technology Group Co., Ltd. (8446.HK) is an investment holding company principally engaged in the provision of visual display solution services, information technology consulting services, and hotel reservation and convention planning services. The company offers visual display solutions including LED screens, stage design, and equipment rental for concerts, corporate events, exhibitions, sports, recreational events, and other live performances; one-stop technical consulting and solutions for e-commerce platforms as well as metaverse technology services; and hotel reservations with convention planning. It also provides stage design, equipment installation, import/export, and wholesale of video equipment and parts along with related support services. Brightstar Technology Group operates primarily in Hong Kong, the People's Republic of China (PRC), Macau, and internationally, targeting event organizers, performers, e-commerce businesses, and corporate clients. Founded in 2009 and headquartered in Kwun Tong, Kowloon, Hong Kong, the company was formerly known as In Technical Productions Holdings Limited and changed its name in July 2023. In recent developments, the company issued 101,488,000 subscription shares in April 2024 at HK$0.165 per share to raise approximately HK$16.7 million gross proceeds for general working capital, followed by a proposed issuance of 210,385,576 shares in May 2025 at HK$0.137 per share to an executive director under a specific mandate, aiming to raise about HK$28.8 million net for business expansion including visual display projects in the PRC, Thailand, Singapore, and Malaysia. It plans to establish a work base in Singapore in Q3 2025 with an estimated HK$24 million investment to tap Southeast Asian markets such as Malaysia, Vietnam, Indonesia, and Thailand, alongside upcoming concert tours requiring upfront costs totaling over HK$80 million for equipment transport and local manpower. Additionally, a HK$108 million prepayment was made in March 2024 to an AI service provider for IT system upgrades, later refunded after plan changes, and prior loans to Shenzhen Cuanlide were settled to foster IT collaborations. These moves support revenue growth from HK$95.7 million in 2023 to HK$164.4 million in 2024, driven by 909 pop concerts, with focus on PRC entertainment market expansion.