18 Dec 2017,
  • HSI:
    28,848.11 -318.27 (-1.09%)
    HSCI:
    11,365.92 -165.81 (-1.44%)
    HKSPLC25:
    37,519.16 -425.24 (-1.12%)
    HKSPGEM:
    257.74 -1.49 (-0.57%)
  • HSCEI:
    11,365.92 -165.81 (-1.44%)
    HSCCI:
    4,238.98 -61.51 (-1.43%)
    HSFML25:
    10,113.03 -155.37 (-1.51%)
    H-FIN:
    18,271.57 -264.83 (-1.43%)
  • Hang Seng Index
  • 28,848.11

  • -318.27 (-1.09%)
HSCI 11,365.9 -165.8
HKSPLC25 37,519.2 -425.2
HKSPGEM 257.7 -1.5
HSCEI 11,365.9 -165.8
HSCCI 4,239.0 -61.5
HSFML25 10,113.0 -155.4
H-FIN 18,271.6 -264.8
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Hung Fook Tong Group Holdings Limited (01446.HK)

Food

INTRADAY CHART

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FINANCIAL REPORTSmore

2017 (IR)
2016 (AR)
2016 (IR)

PRESENTATIONSmore

The Hung Fook Tong Group is the top retailer of Chinese herbal drinks, soups and tortoise herbal jelly in Hong Kong1, and is principally engaged in the production and sales of a variety of herbal and non-herbal products under its reputable and award-winning "Hung Fook Tong (鴻福堂)" brand. Since the commencement of its operation in 1986, it has transformed from a traditional Chinese herbal tea shop to a modern wellness concept food and beverage enterprise, which has diversified its products to cover Chinese herbal drinks and other non-herbal drinks, Chinese-style soups, tortoise herbal jelly and other food products.

The innovative capability of Hung Fook Tong enables the rollout of popular products to meet evolving consumer preferences. The rich product offerings are marketed through two principal channels: Direct Sales and Indirect Sales. For Direct Sales, the Group operates an extensive retail store network comprising around 97 and 25 self-operated retail shops in Hong Kong and China, respectively2. Its Indirect Sales channels, which are primarily for sales of its long shelf-life drinks, comprise sales to third-party retailers (such as supermarkets, convenience stores and/or grocery stores) and distributors in Hong Kong, China and overseas.

The Group manufactures its products at its own production facilities located in Hong Kong and China. Adhering firmly to its belief in the benefits of a healthy diet and natural ingredients, as reflected in its motto of "Naturally Made, Wholeheartedly Good (真心製造,自然流露)", the Group has adopted its @No additive (無添加)" approach and stringent quality control measures for its production process.

To capture the growth potential with the huge consumer market in China, the Group intends to continue its efforts in expanding its distribution networks in China to more penetrate further into the market. The Group believes its operation in China has significant growth potential to become a substantial revenue and profit contributor to the Group.
+ More Company Profile

Mr. TSE Po Tat - Chairman and Executive Director

Mr. TSE Po Tat is the Chairman and an Executive Director of the Company. Mr. Tse is one of the Group’s founders and responsible for the overall direction, business strategy and corporate communication. He has over 30 years of experience in commerce and the herbal drinks industry, respectively. After joining the Group in November 1988, he developed the Group’s central production facilities and product delivery logistics and managed the Group’s procurement of production equipment and the leasing and renovation of retail shops. He is the vice-chairman of the Hong Kong Federation of Restaurants and Related Trades, a member of the Federation of Hong Kong Industries as well as an elected member of the general committee and a member of Promotion and Advocacy Committee of Hong Kong Brand Development Council. Mr. Tse has obtained “2016 Honorary Fellow” from The Professional Validation Council of Hong Kong Industries on 13 December 2016.

Mr. KWAN Wang Yung - Managing Director and Executive Director

Mr. KWAN Wang Yung is the Managing Director and an Executive Director of the Company. Mr. Kwan is one of the Group’s founders and oversees overall management, production and quality control. He is also responsible for setting and implementing the Group’s business strategies, and accounting and finance. He has over 30 years of experience in the herbal drink industry. After joining the Group in November 1988, he managed the retail shop operations and developed PET bottle portable packaging long shelf-life drinks and pouch packed for Chinese-style soups. He also established Shenzhen (Guanlan) production facility in 2000. Mr. Kwan is currently a director and the vice-chairman of the executive committee of The International Food Safety Association.

Dr. SZETO Wing Fu - General Manager and Executive Director

Dr. SZETO Wing Fu is the General Manager and an Executive Director of the Company. Dr. Szeto is in charge of the Group’s sales and marketing, human resources, financial management and administration. He is also responsible for setting and implementing business strategies. Prior to joining the Group in October 1999, Dr. Szeto was a deputy manager between August 1987 and August 1992 at Ka Wah Bank Ltd. He had been an associate professor of the Department of Business Administration of Hong Kong Shue Yan University for over 15 years. Dr. Szeto is currently a member of the Executive Committee of the Hong Kong Retail Management Association. He is also the member of the Executive Committee and the chairperson of the Committee on Social Enterprise and Employment of the Society of the Hong Kong Society for Rehabilitation. Dr. Szeto graduated from the then Hong Kong Shue Yan College in July 1984 with a Diploma in Economics. He obtained a Doctor of Philosophy in Education Administration from the University of Southern Mississippi in May 1995. Dr. Szeto is a fellow member of CPA Australia.

Ms. WONG Pui Chu - Executive Director

Ms. WONG Pui Chu is an Executive Director of the Company. Ms. Wong is one of the Group’s founders and responsible for market research, retail business development and product development. She has over 30 years of experience in the herbal drinks industry. After joining the Group in March 1989, she developed the POS system and employee incentives programme and managed leasing and retail shop operations, then she managed administration, human resources, staff training, financial management and investment strategy.

Mr. KIU Wai Ming - Independent Non-executive Director and Chairman of the Nomination Committee

Mr. KIU Wai Ming is an Independent Non-executive Director of the Company. Mr. Kiu has extensive experience in retail, banking and finance. He served as an Executive Director and Chief Executive Officer of China Smarter Energy Group Holdings Limited from October 2002 to September 2003. He was a Director, Deputy General Manager and Alternate Chief Executive of Industrial and Commercial Bank of China (Asia) from July 1999 to September 2002. Mr. Kiu was a Director of Dah Sing Financial Holdings Ltd. from January 1993 to June 1999. He was also a Director and Alternate Chief Executive of Dah Sing Bank, Limited from August 1989 to December 1997. Mr. Kiu was an Executive Director and Chief Executive Officer of Vestate Group Holdings Limited from June 2007 to April 2016 and an Independent Non-executive Director of Man Sang International Limited from September 2004 to April 2016. Mr. Kiu obtained a Bachelor of Science from Louisiana State University and Agricultural and Mechanical College. He is currently an Independent Non-executive Director of CCB International (Holdings) Limited.

Dr. SIN Yat Ming - Independent Non-executive Director and Chairman of the Remuneration Committee

Dr. SIN Yat Ming is an Independent Non-executive Director of the Company. Dr. Sin had been a member of the Faculty of Business Administration of The Chinese University of Hong Kong for over 30 years. He was a professor of CUHK and an Associate Director of CUHK’s Centre for Hospitality and Real Estate Research. He is an advisor to the Hong Kong Institute of Marketing. Dr. Sin obtained a Doctor of Philosophy in Business Administration from the University of British Columbia in May 1993, Master of Business Administration from the University of Texas at Arlington in May 1982 and a Bachelor of Business Administration from CUHK in December 1979. Dr. Sin is currently an Independent Non-executive Director of Bossini International Holdings Limited.

Mr. LOOK Andrew - Independent Non-executive Director and Chairman of Audit Committee

Mr. LOOK Andrew is an Independent Non-executive Director of the Company. Mr. Look has over 20 years of experience in equity investment analysis of Hong Kong and China stock markets. He served as the Managing Director and Head of Hong Kong research, strategy and product at UBS AG from June 2000 to August 2008. He was an Investment Manager at Prudential Portfolio Managers (Asia) Limited from late 1994 to early 2000. He was responsible for corporate finance from August 1990 to late 1994 as an Investment Manager at Lai Sun Development Company Limited. He was an Investment Officer at Hang Seng Bank Limited, from August 1986 to June 1990. Mr. Look founded Look’s Asset Management Limited in September 2009, and currently serves as its Chief Investment Officer and Managing Director. He was an Independent No-executive Director of TCL Communication Technology Holdings Limited from September 2014 to December 2016. Mr. Look obtained a Bachelor of Commerce from the University of Toronto in June 1986. Mr. Look has been appointed as an Independent Non-executive Director of Union Medical Healthcare Limited and Cowell e Holdings Inc. with effect from 19 February 2016 and 3 April 2017 respectively. He is also an Independent Non-executive Director of Ka Shui International Holdings Limited and CITIC Resources Holdings Limited.

Mr. TSE Po Tat - Chairman and Executive Director

Mr. TSE Po Tat is the Chairman and an Executive Director of the Company. Mr. Tse is one of the Group’s founders and is responsible for overall direction, business strategy and corporate communication.

Mr. KWAN Wang Yung - Managing Director and Executive Director

Mr. KWAN Wang Yung is the Managing Director and an Executive Director of the Company. Mr. Kwan is one of the Group’s founders and oversees overall management, production and quality control. He is also responsible for setting and implementing the Group’s business strategy, and its accounting and finance.

Dr. SZETO Wing Fu - General Manager and Executive Director

Dr. SZETO Wing Fu is the General Manager and an Executive Director of the Company. Dr. Szeto is in charge of the Group’s sales and marketing, human resources, financial management and administration. He is also responsible for setting and implementing business strategy.

Ms. WONG Pui Chu - Executive Director

Ms. WONG Pui Chu is an Executive Director of the Company. Ms. Wong is one of the Group’s founders and is responsible formarket research, retail business development and product development.

Ms. TULL Shuk Ching - Assistant General Manager, Retail Operations & Management Division

Ms. TULL Shuk Ching is an Assistant General Manager of the Group’s Retail Operations &Management Division, and is responsible for retail division’s business development, operations and staff training.
 

Ms. POON Chi Nga - Assistant General Manager,Bottled Drinks Development Division

Ms. POON Chi Nga is an Assistant General Manager of the Group’s Bottled Drinks Development Division, and is responsible for business development and sales and marketing of the Group’s wholesale business.

Mr. LO Chi Wang - Financial Controller

Mr. LO Chi Wang is the Financial Controller of the Group, and is responsible for the overall financial operations including formulating financial strategies and plans, compiling budgets and periodic financial reporting, treasury management and investor relations.

Mr. LEE Bang Lau - Senior Manager, PRC Production Division

Mr. LEE Bang Lau is a Senior Manager of the Group and is responsible for the management of production facilities in the PRC.

Ms. CHOU Siu Wai, Vivian - Senior Manager, Group Marketing Division

Ms. CHOU Siu Wai is a Senior Manager of the Group, and is responsible for marketing, advertising, visual merchandising, customer relationship management and corporate public relations.

Mr. CHAN Hiu Cheuk - Senior Manager, Supply Chain Management Division

Mr. CHAN Hiu Cheuk is a Senior Manager of the Group, and is responsible for the management and coordination of the logistics, procurement and maintenance departments.

Ms. TSANG Tsz Yee, Sonia - Senior Manager, Organization & People Development Division

Ms. TSANG Tsz Yee is a Senior Manager of the Group, and is responsible for human resources management and people development. She also undertakes administration and customer service.

Mr. LEUNG Tat Wing - Senior Manager, Director's Office

Mr. LEUNG Tat Wing is a Senior Manager of the Group, and is responsible for facilitating and coordinating all matters involving finance and accounting, treasury, trademark, legal and compliance.

Mr. SUN Man Lung - Manager, Business Development Division

Mr. SUN Man Lung is a Manager of the Group, and is responsible for institutional sales and online business.

Ms. CHAN Sui Lan, Ellen - Deputy Manager, Director's Office

Ms. CHAN Sui Lan is the Deputy Manager of the Group, and is responsible for promoting and coordinating businesses involving production, research and development, procurement, quality control and logistics.

Mr. LAU Siu Ki - Company Secretary

Mr. LAU Siu Ki is the Company Secretary of the Group and is responsible for company secretarial duties.

+ More Board of Directors

The Group is committed to achieving high standards of corporate governance with a view of safeguarding the interests of our Shareholders as a whole. To accomplish this, it will comply with the code provisions set out in the Code on Corporate Governance Practices in Appendix 14 to the Listing Rules.

 
List of Directors and their Roles and Functions
 
Board Diversity Policy
 
Procedures for Shareholder to Propose a Person for Election as a Director of The Company
 
Shareholders' Communication Policy
 
Whistleblowing Policy
 
Terms of Reference of the Audit Committee
 
Terms of Reference of the Remuneration Committee
 
Terms of Reference of the Nomination Committee
 
Strategy and Development Committee
 

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COMPANY INFORMATION

Listed Date 23 Jun 2014

Address 11 Dai King Street,
Tai Po Industrial Estate,
Tai Po, New Territories,
Hong Kong

Telephone (852) 3651 2000

No. of Click Rate

87062