Company Welife Technology Limited

Equities

1703

KYG6875A1094

Restaurants & Bars

Market Closed - Hong Kong S.E. 03:08:13 2023-11-27 am EST 5-day change 1st Jan Change
0.048 HKD -.--% Intraday chart for Welife Technology Limited -.--% -.--%

Business Summary

Welife Technology Ltd, formerly Palace Banquet Holdings Ltd, is an investment holding company mainly engaged in the operation of restaurants. It operates Chinese restaurants under the brand names of Palace and Royal Courtyard. The Company is involved in the provision of Cantonese dining services and banquet services. The Cantonese dining services include the provision of Cantonese food, dim sum and seasonal food. Seasonal food includes rice cakes, rice dumplings, and moon cakes, among others. The Company also provides banquet services for events, including wedding, birthday parties, graduation dinners, babies’ hundred days celebration, corporate annual dinners and other celebration dinners.

Number of employees: 224

Sales per Business

HKD in Million2022Weight2023Weight Delta
Chinese Restaurant
99.5 %
292 99.2 % 303 99.5 % +3.79%
Food
0.5 %
2 0.8 % 1 0.5 % -35.48%

Sales per region

HKD in Million2022Weight2023Weight Delta
Hong Kong
99.3 %
294 100.0 % 302 99.3 % +2.73%
China
0.7 %
-- 2 0.7 % -

Managers

Managers TitleAgeSince
Corporate Secretary 53 Nov. 23
Human Resources Officer 43 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 20-07-05
Chairman 58 22-01-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,150,000,000 558,090,000 ( 48.53 %) 0 48.53 %

Shareholders

NameEquities%Valuation
Wonderful Cosmos Ltd.
51.00 %
586,500,000 51.00 % 4 M $
5,410,000 0.4704 % 33 326 $

Company contact information

Welife Technology Ltd.

Wah Chun Industrial Centre 95 Chai Wan Kok Street

, Hong Kong

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http://welifetech.net
address Welife Technology Limited(1703)
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