To Kwan Lau

Ho Hei Group Ltd. is an investment holding company. It operates through the following business segments: Distribution of Petrochemicals and Related Products; Resale of Fleet Cards; Logistics and Transportation; and Operation of Service Stations. The Distribution of Petrochemicals and Related Products segment sells petrochemicals and related products to other oil distributors and commercial end customers mainly in the construction, logistics, bus and coach, trading, and other sectors. The Resale of Fleet Cards segment promotes fleet cards issued by the oil companies in Hong Kong with which cardholders could purchase diesel or petrol at the Network Gas Stations. The Logistics and Transportation segment provides logistics and transportation services to the oil-related companies and non-oil customers. The Operation of Service Stations segment involves the operation of certain service stations owned by Oil Company Z. The company was founded on July 27, 2018 and is headquartered in Hong Kong.