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08509 WINE'S LINK

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  • 0.420
  • +0.010+2.44%
Market Closed Mar 28 16:08 CST
168.00MMarket Cap9.33P/E (TTM)

About WINE'S LINK Company

We are one of the top wine sellers in Hong Kong. Our business mainly involves the wholesale and retail sale of a range of wine products and other alcoholic beverages in Hong Kong, with a focus on top quality red wines. According to the Ipsos report, in terms of revenue in 2015, we ranked fourth among all wine sellers in Hong Kong, accounting for about 7.0% of the total market share of the Hong Kong wine industry. We have a broad product portfolio that includes (i) wine products such as premium red wines, selected red and white wines; (ii) other alcoholic beverages such as champagne, whiskey, and sake; and (iii) wine accessory products (such as decanters, wine glasses and bottle openers) for customers to select. We are particularly proud of our diverse range of wine products, which include wine products that have long been famous and sought after in Hong Kong. On October 31, 2016, our wine product portfolio covered about 62 winemaking years, with products originating in more than 10 countries (including Australia, Chile, France, Italy and the United States). Among our wine products, top quality red wines are the largest product category we sell. Our top red wine collection includes selected wines from first-class estates in Bordeaux, namely Cha teau Lafite Rothschild (Cha teau Lafite Rothschild), Cha teau Margaux (Cha teau Margaux) and Che a Teaumouton Rothschild (Cha a teau Margaux) and several fine wines from premium Burgundy estates, namely Domaine La Romanée Conti, Domaine Henri Layer and Domaine Leroy. For the years ending March 31, 2016 and the seven months ending October 31, 2016, the sales volume of top quality red wines accounted for about 76.9%, 80.3% and 76.3% of our total revenue, respectively. For further details on our product portfolio, please refer to the “— Product Portfolio” and “— Competitive Advantages” sections in this section. To complement our wine product portfolio, we also offer a number of wine-related services to our customers, including wine consultancy services, wine procurement services, wine delivery services and wine storage services. Through years of doing business in the wine industry, we have established strong relationships with a wide range of wine suppliers, including famous wine merchants in Hong Kong and wine merchants in major wine regions around the world who are famous distributors, and also include (among others) wine merchants in Hong Kong, wine collectors and high-net-worth individuals. We classify (i) sales to wine merchants and other customers whose business operations involve reselling our products as wholesale and (ii) sales to companies and individual customers that purchase our products for their own use or collection as retail. For the years ending March 31, 2016, and for the seven months ending October 31, 2016, we generated revenue of approximately HK$157.5 million, HK$181.3 million and HK$99.4 million respectively from wholesale, while self-retail generated revenue of approximately HK$47.5 million, HK$63.3 million and HK$65.2 million respectively. For further details, please refer to the “Sales Revenue Marketing” section of this section and the “Financial Information” section of this document. Our professional sales team consists of seven wine consultants, who have an average of four years of experience in the Hong Kong wine industry. One of the wine advisors holds WSET Level 3 (Advanced Certificate in Wines and Spirits), while the remaining six wine advisors hold WSET Level 2 (Intermediate Certificate in Wines and Spirits). From time to time, we host wine pairing dinners and wine tastings with top wineries or vineyards and wineries to deepen our relationships with our customers and strengthen their loyalty. We also participate in many wine exhibitions and fairs, such as the Hong Kong International Wine Show, the Hong Kong Wine Show and the Hong Kong Wine Show, to obtain the latest market information, promote our brand image and popularity, and explore new business opportunities. On the last practical date, we operate (i) a self-operated warehouse in Hong Kong to store all of our wine products and other alcoholic beverages; (ii) a retail store as the main means of attracting new customers and a marketing tool to increase our market awareness; and (iii) an office property with a showroom as our headquarters to carry out wholesale and retail sales, oversee our overall business operations, handle all our administrative matters and present our products to customers. For the years ended March 31, 2016, and for the seven months ended October 31, 2016, our total revenue was HK$205.0 million, HK$244.6 million and HK$164.7 million respectively, while our gross profit was HK$27.4 million, HK$33.2 million and HK$20.4 million respectively.

Company Profile

Symbol08509
Company NameWINE'S LINK
ISINKYG9705R1020
Listing Date01/12/2018
Issue Price0.75
Shares Offered120.00M share
Founded09/22/2016
RegistrationCayman Islands
ChairmanZilu Wang
SecretaryWenwei Wu
Audit InstitutionZhonghui Anda Certified Public Accountants Co., Ltd.
Company CategoryOther
Registered OfficePO Box 309 Ugland House Grand Cayman KY1-1104 Cayman Islands
Head Office and Principal Place of Business26th Floor, AIA Kowloon Financial Centre, 712 Prince Edward Road East, San Po Kong, Kowloon, Hong Kong
Fiscal Year Ends03-31
Employees26
MarketGEM
Phone(852) 2317 1100
Fax(852) 2317 1032
Emailgenral@wines-link.com
Business Weiyang Wine International Holdings Limited is a holding company mainly involved in the wholesale and retail sale of wine products. The company mainly operates three business segments. The wine products segment sells red wine, white wine, etc. The Other Alcoholic Drinks segment sells champagne, whiskey, sake, etc. The Wine Accessories segment sells decanters, wine glasses, and bottle openers.

Company Executives

  • Name
  • Position
  • Salary
  • Zilu Wang
  • Executive Director,Nomination Committee Chairman,Chairman of the Board,legal representative,CEO
  • 498.00K
  • Shitong Chen
  • Chief Operating Officer,Inspector General,Vice President of Operations and Administration,Executive Director
  • 738.00K
  • Zhihong Yang
  • Non-Executive Director,Remuneration Committee Member
  • --
  • Manqi Chen
  • Audit Committee Member,Independent Non-Executive Director,Remuneration Committee Member
  • 120.00K
  • Zhanwen Chen
  • Nomination Committee Member,Audit Committee Member,Independent Non-Executive Director
  • 120.00K
  • Jianwei Liu
  • Nomination Committee Member,Remuneration Committee Chairman,Audit Committee Chairman,Independent Non-Executive Director
  • 10.00K
  • Dewei Liang
  • Senior VP
  • --
  • Lin Bian
  • Chief Executive Affairs Assistant
  • --
  • Wenwei Wu
  • Company Secretary,legal representative
  • --

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