The Zhitong Finance App learned that according to the Hong Kong Stock Exchange's disclosure on August 25, Zhuoli International Holdings Limited (hereinafter: Zhuoli International) submitted a listing application to the Hong Kong Stock Exchange GEM, and Baihui Capital Co., Ltd. is its sole sponsor. According to the prospectus, Zhuoli International is mainly engaged in demolition projects in Hong Kong as the chief contractor. During the track record period, Zhuo Li International also undertook various other construction projects, such as repair and maintenance works, correction works, improvement works and site maintenance projects. Zhuo Li International (together with its predecessor Weiye Engineering Company, founded in 1989) has accumulated a history of over 35 years of operation in the Hong Kong construction industry. Zhuo Li International's projects are mainly handled by Weiye Engineering, which is its main operating subsidiary established in Hong Kong.

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